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Caltech Invests In Coursera

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The California Institute of Technology is backing, Coursera , a startup in the area of online education with an equity investment, plus the promise to put some of its courses online for free, in a deal worth $3.7M, the school announced this morning with Coursera. in investments to back its efforts to put university courses online.

CalTech 154
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Caltech Entrepreneurs Forum - Equity Funding

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Elevance Renewable Sciences Finds $104M

socalTECH

An Illinois firm whose technology is based on, and licensed from Pasadena-based Materia and Caltech , has raised a whopping, $104M funding round. Elevance is using olefin metathesis technology, licensed from Materia, and originally developed by Noble Prize winning Caltech professor Robert H. READ MORE>>.

CalTech 140
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Impinj Raises $21M, But Drops IPO Effort

socalTECH

Impinj , a developer of UHF, radio frequency identification (RFID) chips which has linked to Caltech, and an office in Orange County, said today that it has raised $21M in an equity funding round, as well as dropped its plans for an IPO. Impinj said the funding came from AllianceBernstein L.P.,

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Helixis Raises $5.3M

socalTECH

Carlsbad-based Helixis , a developer of nucleic acid analysis tools based on technology spun out of Caltech, has raised $5.3M The firm has not provided any other details of the equity funding. Tags: helixis venture capital caltech. out of a ongoing, $10.0M venture round. READ MORE>>.

CalTech 100
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Avidity Biosciences Finds $16M

socalTECH

The funding was led by Takeda Pharmaceuticals, and also included Alethea Capital, Alexandria Real Estate Equities, Brace Pharma, EcoR1 Capital, F-Prime Capital, Moore Venture Partners and Tavistock Life Sciences. The company's technology is based on research originally conducted at Caltech. Avidity Biosciences is led by Troy Wilson.

CalTech 124
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Clarity Partners' Lee Named Chair Of J. Paul Getty Trust

socalTECH

A local, private equity investor-- Dr. David L. Lee is also a Chairman on the Board of Trustees at Caltech and also chairs the Board of Overseers of the Keck School of Medicine at the University of Southern California. Lee , has been named chair of the board of diretors of the J. According to the Board of Trustees of the J.