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Electric bus maker Proterra announced this morning that it has raised $140M in an equity funding round, a chunk of which will go towards ramping up initial production in the City of Industry, and hiring "key personnel" in Los Angeles and elsewhere for its electric bus manufacturing.
Still on tap for an IPO are Pasadena-based Green Dot , Pasadena-based Genmark Diagnostics , Westlake Village-based Inphi , San Diego-based Fallbrook Technologies , Los Angeles-based GameFly , San Diego-based Trius Therapeutics , City of Industry-based NewEgg , and Thousand Oaks-based Nexsan.
City Of Industry-based Yamibuy , an online e-commerce startup selling Asian snacks, cookies, candy, instant food, tea, and more, aimed at Asian American consumers, has raised $10M in a Series A funding, the company said on Monday. READ MORE>>.
Proterra , the electric bus manufacturer which has its West Coast manufacturing operations in the City of Industry, has reportedly raised $100M in new funding, based on regulatory filings by the company.
City of Industry-based NZXT, a maker of custom, gaming PCs, has raised $100M in a strategic investment, the company said this week. The funding came from private equity investor Franciso Partners.
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