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Parallel Systems Picks Up $49.55M For Autonomous Trains

socalTECH

Culver City-based Parallel Systems, a startup developing autonomous train and transportation technology, said today that it has raised $49.55M in a Series A funding round. The funding was led by Anthos Capital, and also included Congruent Ventures, Riot Ventures and Embark Ventures. The company is led by CEO Matt Soule.

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Hone Gets $16M For Corporate Training

socalTECH

The funding was F-Prime Capital and also included Cowboy Ventures, NextGen Venture Partners, Slack Fund, Gaingels, Swift Ventures, and SemperVirens. According to the company, John Lin of F-Prime Capital will join the company's board as part of the funding. Hone is led by CEO Tom Griffiths.

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GigXR Gets Strategic Investment For AR/VR CPR Training

socalTECH

Los Angeles-based GigXR, a developer of mixed reality simulation training for the healthcare industry, says it has received a strategic investment and partnership with a subsidiary of Northwest Permanente P.C. Northwest is a physicial-led multispecialty group practice. Financial details of the investment were not announced.

Training 113
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DroneBase raises capital and partners with FLIR Systems to train pilots on thermal imaging tech

TechCrunch LA

The two companies are also partnering to provide FLIR’s thermal imaging technology and training services to DroneBase’s stable of pilots. Through FLIR’s Infrared Training Center, FLIR and DroneBase will develop a specialized training program that will be certified exclusively by DroneBase.

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Fitplan Finds $4.5M For Personal Training App

socalTECH

Los Angeles-based Fitplan , which develops a mobile app focused on personal training, wellness, and fitness, has raised $4.5M in a funding round, according to the company. Alex Rodriguez retired from the MLB in 2016, and is the founder of an investment irm, A-Rod Corp.

Training 100
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Good Growth Capital Expands Venture Capital Efforts To SoCal

socalTECH

Good Growth Capital , a venture capital investment firm focused on complex science and technology start-ups, says it has set up shop in Southern California, and hired a new, West Coast Venture Partner in Los Angeles. In addition to Holly, Good Growth Capital also said it added a new Advisor, Robert Poor, Ph.D. ,

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Edufii Scores $1.4M For Athletic Training App

socalTECH

in a Series A financing, to go towards its social and mobile platforms for athletic training. Edufii''s app lets coaches, teachers, and athletes capture and annotate training and coaching sessions. smartphone mobile social athlete coach training athletic funding capital venture edufii' Edufii is led by Spencer Dennis.

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