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Energy Vault Scores $100M For Gravity-Based Energy Storage

socalTECH

The funding was led by Prime Movers Lab, and also included SoftBank Vision Fund, Saudi Aramco Energy Ventures, Helena, and Idealab X plus new investors, including Pickering Energy Partners through its Energy Equity Opportunity Fund, SailingStone Global Energy Transition, A.T. Energy Vault is led by CEO and co-foudner Robert Piconi.

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Cheese Targets Asian Community With Digital Banking, Backed By $3.6M

socalTECH

A new, Pasadena-based fintech startup, Cheese, said on Wednesday that it has launched a digital banking platform focused on Asian communities. in seed funding from Ifly.vc, Amplify, Adam Nash (former CEO of Wealthfront), Spencer Rascoff (Zillow), Wedbush Ventures, Idealab, and Operate Venture Studio. The company has raised $3.6M

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ObEN Raises $5M From Tencent

socalTECH

According to ObEN, the funding also included Li Ruigang, Chairman of CMC and Fengshion Capital. ObEN said it will use the new funding to accelerate product development and grow its platform. ObeN's other investors included Idealab, Softbank Ventures Korea, and HTC Vive X. ObEN said it has now raised a total of $13.7M

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This Week in Venture Capital – Episode 2

Both Sides of the Table

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. He’s behind IdeaLab and has created many interesting companies including innovating in solar energy ( eSolar ) and electric cars ( Aptera ). I talked about the platform moves of Twitter and why it should be expected. Overture sold for $1.6

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Spotlight: LA Tech Judges and SuperDemo Bill Gross of Idealab!

Tech Zulu Event

We have been holding off on this announcement for quite a bit and now we can officially announce Bill Gross of Idealab as our SuperDemo presenter. Bill Gross founded Idealab in March 1996 and serves as the company’s Chairman of the Board and Chief Executive Officer. Idealab continues to explore a range of technology frontiers.

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Spotlight: LA Tech Summer Judges Includes BetterWorks, CallFire, Idealab, and Tech Coast Angeles

Tech Zulu Event

a perks platform for small medium businesses. After the acquisition, MyMiniLife became the common technology platform at Zynga and powers 150M monthly users including games like Cityville, Farmville, and Frontierville. Alex Maleki , Member of New Venture Group at Idealab. sold to Zynga Game Networks, Inc.). He received a B.S.

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Spotlight: LA Tech Fall Judges Include Mike Jones, CallFire, Idealab, Tech Coast Angels, Coloft

Tech Zulu Event

A serial Internet entrepreneur, Mike has founded and sold numerous businesses, including agency PBJ Digital, application platform Userplane, which he led from startup to its acquisition by AOL, Tsavo Media and Myspace. Alex Maleki , Member of New Venture Group at Idealab. Idealab continues to explore a range of technology frontiers.