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

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Westlake Village-based Energy Vault, which is developing gravity-based, grid-scale energy storage systems, has raised $100M in its Series C funding round, the company announced this morning. Gekko, Crexa Capital Advisors LLC, Green Storage Solutions Venture I LLC, and Gordon Crawford.

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Capsida Uncloaks With $140M In Funding

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Thousand Oaks-based Capsida Biotherapeutics, a new biotechnology company focused on using adeno-associated virus (AAV) engineering and cargo development platform to develop tissue-targeted gene therapies for multiple types of diseases, has uncloaked from stealth mode, saying it has raised $140M in total capital.

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Eta Compute Gets $12.5M In Series C

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Westlake Village-based Eta Compute , a developer of technology for energy efficient artificial intelligence processing, has raised $12.5M The company's lead product is the TENSAI AI software platform, which it says is aimed at use in AI applications for the smart home and consumer Internet-of-Things markets. READ MORE>>.

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Row 44 Deploys In Russia

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Westlake Village-based in-flight wireless and broadband provider Row 44 reports that it has scored a win in Russia, with private airline Transaero Airlines. Row 44 is backed by MLB Advanced Media and PAR Capital Management. Financial terms of the win were not disclosed. READ MORE>>.

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INVST Targets Institutional Investments, Signs New Clients

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INVST , a Westlake Village-based startup which offers up an online platform to help alternative investment funds find accredited investors, has signed up three new clients for its service, the company said this week.

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Interview with Guy Friedman, SteadyMD

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The company just raised $6M in a Series A funding, led by Pelion Venture Partners, and also included Next Ventures, First Trust Capital Partners, The Daube Family office, Crosscut Ventures, M25 Group, Wild Ventures, and Hyde Park Venture Partners. Guy Friedman: I'm based in Saint Louis, Missouri, and Yarone is based in Westlake Village.

Startup 133
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Interview with John Ellis, PurePhoto

socalTECH

For this morning's interview, we talked with Westlake Village-based PurePhoto (www.purephoto.com), which is looking to help photographers market and sell their photographs. John Ellis: We're scaling the business, including marketing, operations, and of course, capital. What's next for you? READ MORE>>.