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On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at hightech businesses. What is the Ventura incubator? It's about 10,000 square feet of space in downtown Ventura, in a city owned office building.
Ventura-based outdoor apparel company Patagonia has partnered with a startup developing a high performance, synthetic silk fabric, made out of natural proteins. The investment round came from Nan Fung, Innovation Endeavors, Alafi Capital, East West Capital, Foundation Capital and Founders Fund. READ MORE>>.
but also speculated on if there's enough capital to fund follow on investments for graduates of those accelerators. Participants hailed the work that the many accelerators in town have done to spur startups and innovation here: Amplify, LaunchpadLA, MuckerLab, io/LA, StartEngine, et al.--but
Ventura, California--despite a number of growing hightech startups--has not been known for buildling multi-million dollar Internet companies. However, The Trade Desk , the advertising software developer led by Jeff Green, has quietly pushed past $202M in revenues, to become one of the faster growing firms in the region.
Santa Barbara has become a high-tech startup mecca, rivaling cities many times its size. Note: Patagonia’s headquarters are located just down the road from Santa Barbara, in Ventura, California). Many of these individuals become restless in their youthful “retirement” and begin investing and advising young companies.
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