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Canoo to Go Public in $600 Million SPAC Deal

L.A. Business Journal

Torrance-based electric vehicle developer Canoo Inc. has announced plans to go public through a reverse merger in a deal designed to provide $600 million in total capital.

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BQE Software Scores Private Equity Funding

socalTECH

Torrance-based BQE said on Wednesday that it has received a "significant investment" from private equity investor Serent Capital. Serent Capital is a private equity investor that invests in technology and tech-enabled software companies. Financial details of the investment were not announced.

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Tocagen, Forte Biosciences In Merger

socalTECH

The newly merged company will operate under the name Forte Biosciences, and trade on the Nasdaq Capital Market as FBRX. The merged company will focus on Forte's late-stage clinical program for treating atopic dermatitis. READ MORE>>.

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Pelican Products Names Consumer Marketing Chief

socalTECH

Torrance-based Pelican Products said on Monday that it has named Jennifer Lim as its Director of Marketing for its Consumer Division. Pelican is owned by private equity investor Behrman Capital. Pelican says that Lim will be based out of its Long Beach office. READ MORE>>.

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Pelican Rolls Out New iPhone Case Line

socalTECH

Torrance-based Pelican , the manufacturer of high end protective cases, has rolled out its line of cases for Apple's new iPhone models. Pelican is owned by private equity firm Behrman Capital. The company's Pelican Shield for the iPhone X includes 5 layers of protection, including a layer of "military grade" Kevlar. READ MORE>>.

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PixelFish Nabs $4M For Online Video Ads

socalTECH

Torrance-based PixelFish , which provides online video marketing products to local businesses, announced Thursday that it has raised $4M in a funding round. The round was led by Bullpen Capital, and also included Floodgate, Mack Capital, Tomorrow Ventures, 500 Startups, and Western Tech. The firm is headed by John McIntyre.

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Bullet Proof iPhone 5, Samsung Galaxy S 5? Ask Pelican

socalTECH

Cell phone cases seem to be a dime a dozen nowadays, however, a new set of cases Friday by Torrance-based Pelican Products are worth mentioning. Pelican Products is owned by private equity investor Behrman Capital. READ MORE>>. pelican products case phone iphone smartphone'

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