UCLA Pulls Commitments From Binary Capital

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UCLA , a limited partner in venture capital investment fund Binary Capital , has pulled its committment to the venture fund over the weekend, after Managing Director Justin Caldbeck was accused of unwanted advances towards women. UCLA had been one of the venture capital fund's first investors. ucla binary capital limited partner venture sexual harassment

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University of California Plans $250M Venture Capital Fund

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Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital. fund investment capital venture ucsb ucla investor regent ucsd kitepharma finance

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Startup Founded By UCLA Students Offers Scholarship

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A startup, Sparefoot , headed by two former UCLA students who founded the company out of their experiences at the school, said today that it is offering up a $5,000 scholarship to students who use its service. The company said it specifically launched the scholarship since the founders of the company, Chuck Gordon and Mario Feghal, came up with the idea for the startup out of Chuck's experience looking for storage space before a study abroad program in Singapore out of UCLA.

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Online Learning Company Ties With UCLA Extension, CAA

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A new, venture backed online education company, Encore Career Institute , headed by Steve Poizner, said today that it has linked with the UCLA Extension to offer up professional certificates and career counseling online. The firm said it has raised $15M in a Series A venture capital funding from InterWest Partners and Granite Ventures. Encore explained that its offerings will be based on UCLA Extension's content and courses.

Initiative to Boost SoCal’s Startup Scene Teams With GV Founder

Xconomy

A Silicon Valley entrepreneur has set out to boost the startup ecosystem in San Diego and the rest of Southern California—and he already has scored a coup by partnering with Bill Maris, the founder and former CEO of Google Ventures, now known as GV. Steve Poizner, who sold two of his startups to Qualcomm (NASDAQ: QCOM ) and served as California Insurance Commissioner a decade ago, has signed a collaboration agreement with a venture fund that Maris founded in suburban San Diego.

Congrats To The Spotlight: LA Tech Fall Presenting Companies at UCLA

Tech Zulu Event

This Spotlight takes place Thursday, October 27, at UCLA. InVenture is next stage microfinance – focusing on providing expansion capital. Where: UCLA Anderson School of Management, 110 Westwood Plaza, Los Angeles, CA 90095. We offer an intensive three-month program and provide up to $18,000 of seed capital, extensive mentorship and a shared work environment to help entrepreneurs go from idea to product to fundable business.

Digest 5/23-30: Snapchat’s $1.8B Raise, March Capital’s $240M Fund, Victorious $25M Series B

LATechDigest

MARCH CAPITAL Opens LA Shop with $240M Fund ( link ). UCLA ANDERSON Hosted a VR / VC Event. Preparing to speak with Shahin Farshchi of Lux Capital & Seth Gerson of @Survios at @uclaanderson VC event pic.twitter.com/YwqpmyHvYg. **. THIS WEEK’S EVENTS: see full calendar.

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NanoH2O Lands $60M In Funding

socalTECH

The equity round was led by BASF Venture Capital GmbH, Total Energy Ventures International and Keytone Ventures, and also included Khosla Ventures, Oak Investment Partners, CalPERS Clean Energy & Technology Fund represented by Capital Dynamics and PCG Clean Energy & Technology Fund.

Clicker.com Links With UCLA

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Los Angeles-based Clicker Media , the online video guide service funded by Benchmark Capital and Redpoint Ventures, said that it has linked with the University of California, Los Angeles, with a branded version of the service specifically for UCLA students.

NanoH2O Raises $14.8M

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El Segundo-based NanoH2O , the UCLA spinout which is developing reverse osmosis membranes for water desalination, has raised $14.87M as part of an ongoing, $30.6M osmosis reverse spinout ucla desalination water cleantech nanoh2o

UCLA To Tap Outside Board For Startup Deals

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The group will tap a yet un-named group of outside experts to help technology startups coming out of UCLA to better navigate their way through commercialization efforts. innovation ucla technology xfer transfer education school growth entrepreneurship startup

Interview with Adi Jaffe, All About Addiction

socalTECH

To understand how one local company is making that transition, we talked with Los Angeles-based All About Addiction (www.allaboutaddiction.com), a company that grew out of Adi Jaffe's work at UCLA as a trained psychologist. How is this related to the work you were doing at UCLA?

Tribogenics Lands $2.5M For Portable X-ray Technology

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The firm, a spinoff of UCLA whose technology has been funded by DARPA, said the funding came from Flywheel Ventures and angel investors. Tribogenics has developed technology which will enable small, handheld X-ray devices, originally developed from research at UCLA. tribogenics venture capital lifescience medical xray ucla spinout equipment

Verge Genomics, Founded By UCLA Scientists, Raises $4M In Seed Funding

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Verge Genomics , a biopharmaceuticals startup founded by scientists out of UCLA, said Tuesday that it has raised $4M in a seed financing round. The company's founders are Alice Zhang, a current 5th year MD/PhD candidate at UCLA David Geffen School of Medicine, and Jason Chen, also a 5th year MD/PhD candidate at UCLA Geffen. verge genomics venture capital neurodegenerative disease lifescience biotech biopharma ucla medical

3 Valuation Inflection Points for Startups: Don’t Copy Calacanis

From the Venture Trenches

I recently caught up with a classmate from UCLA Anderson and told him the exact opposite in regards to raising money for his own startup. This is particularly true if you have never raised investment capital before and do not have a record of exists like Calacanis.

ImaginAb Raises $12.5M

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Los Angeles-based ImaginAb , a UCLA spinout which is developing antibody fragments for use in the diagnostic imaging market, said late last night that it has raised $12.5M The firm was founded by UCLA faculty members Robert Reiter, Anna Wu and Christian Behrenbruch. imaginab venture capital biotech ucla imaging therapeutic lifescience

Science37: Using Technology To Enable Remote, Clinical Trials, with Belinda Tan

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The company is backed by more than $67M in funding from such investors as Glynn Capital Management, GV (formerly Google Ventures), Amgen Ventures, Lux Capital, Redmile Group, dRx Capital (a Qualcomm and Novartis joint investment company), and Sanofi Ventures. When you think about the traditional clinical research opportunities, they are at the UCLAs and USCs of the world, the major research institutions.

CircuitHub, With Roots At UCLA, Launches Hub For Hardware Designers

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The firm--co-founded and headed by UCLA Visiting Scholar Jon Friedman--has created an online site which lets hardware designers tap into the data sheets, symbols, components, and footprints of electronic components, for free, either by downloading or by connecting a Dropbox account. Friedmam is a PhD from UCLA in Electric Engineering, and who has been a postdoc at both USC and its Information Sciences Institute.

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NanoH2O Bolsters Execs

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The firm, which is headed by technology vet Jeff Green, and based on research out of UCLA, said that Truby will bolster its commercial team. NanoH2O is venture backed by Khosla Ventures , Oak Investment Partners , Rusheen Capital Partners , and PCG Energy and Technology Fund.

NanoH2O Names Operations Head

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NanoH2O is headed by Jeff Green, and is based on technology spun out of UCLA. NanoH2O is backed by Khosla Ventures, Oak Investment Partners, Rusheen Capital Partners, and others. nanoh2o ucla reverse osmosis clean cleantech water purification energy executive

Interview with Kelly Perdew, Moonshots Capital

socalTECH

Our interview this morning is with Kelly Perdew of Moonshots Capital , a Los Angeles based investment firm that makes seed stage investments in early stage companies�and in particular, for this Veterans Day, in companies founded by military veterans. In addition to his experience as an angel investor, Kelly served in the US Army as a Military Intelligence Officer and completed Airborne and Ranger training, and graduated from West Point and UCLA.

Tribogenics Gets Funding From Nikon

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Tribogenics is a spinout of technology originally developed at the University of California, Los Angeles (UCLA). tribogenics nikon xray handheld medical scientific analysis venture capital strategic investment

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Gevo, With Ties To Caltech and UCLA, Files For IPO

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Gevo is using both technology from UCLA to produce next-generation biofuels through genetically modified Escherichia coli (E. Gevo is venture backed backed by Khosla Ventures, Virgin Green Fund, Total Energy Ventures, Burrill Life Sciences Capital Fund, and the Malaysian Life Sciences Capital Fund. Gevo , a startup which is developing renewable chemicals and biofuels technology, has filed for an IPO, according to an S-1 filing by the firm Thursday afternoon.

ImmunGene Raises $9M

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Yu is founder and CEO of Ally Bridge Group, a Chinese private equity fund; Gresser is at the Molecular Biology Institute at UCLA, and was previously Amgen''s Vice President and Head of Inflammation and Neuroscience Research Therapeutics Areas. immungene venture capital biotech biotechnology cancer therapeutics

Clearstone Portfolio Firm Cetas Acquired By VMware

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from UCLA. cetas vmware merger acquisition data analytics cloud software clearstone exit venture capitalSanta Monica-based Clearstone Ventures has had another exit in its portfolio, this time with the acquisition of Cetas , a developer of cloud data analytics software, by VMware.

Bruin Biometrics Raises $9M

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BBI's technology was developed at UCLA, and is based on research from the UCLA Wireless Health Institute, UCLA David Geffen School of Medicine, UCLA School of Nursing, and the UCLA Henry Samueli School of Engineering and Applied Science. bruin biometrics ulcer venture capital medical lifescience biotech device ucla

Gevo Sets Range For IPO

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Gevo is venture backed by Khosla Ventures, Virgin Green Fund, Total Energy Ventures, Burrill Life Sciences Capital Fund, Malaysian Life Sciences Capital Fund, and LANXESS, among others. The firm's technology is based on research form UCLA focused on producing next-generation biofuels through genetically modified Escherichia coli (E. gevo biofuels merger acquisition nasdaq market cleantech clean caltech ucla

Accelerator Crazy In Southern California

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LA Cleantech Incubator , officially launched last week, and was created by Los Angeles Cleantech Alliance, a group supported by Mayor's Office, the Los Angeles Department of Water and Power, Community Redevelopment Agency for Los Angeles, NASA Jet Propulsion Laboratory, UCLA, USC, CalTech, and Arts Center College of Design. venture accelerator incubator capital techstars incubate startup mentorship entrepreneurshipWhat's the latest craze in startups in Southern Califonia?

New Bootstrap Fund Pulls Itself Up in World of Health IT Deals

Xconomy

Balgrosky, a health information administrator and former Scripps Health chief information officer, was finishing her doctorate in health policy and management at UCLA.

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Enlibrium Finds $15M For Cancer Drugs

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The company was founded by Dr. Michael Jung and Dr. Richard Pietras, both of whom are professors at the University of California, Los Angeles (UCLA). Enlibrium said the technology has been exclusively licensed from UCLA. enlibrium cancer drug therapeutics venture capital lifescience ucla technology transfer research schoolSan Diego-based Enlibrium announced Thursday that it has raised $15M in a Series A financing, to go towards cancer therapeutics.

Water Planet Raises Series B Funding

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Water Planet said the investment came from Air Liquide's ALIAD Corporate Venture fund, Bluestem Capital and UCLA Venture Fund. Water Planet is led by Eric Hoek, the former UCLA and UC Riverside professor who created the membrane technology behind another, water filtering membrane startup, NanoH2O, which is now part of LG. water planet nanoh2o venture capital membrane filtering filter ucla liquide

Carbonics Raises $5.5M For RF Materials

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Carbonics says its technology is based on research conducted at UCLA and USC. carbonics venture capical material carbon semiconductor capital ucla Marina Del Rey-based Carbonics , a developer of carbon nanomaterials aimed at improving the power consumption and performance of wireless semiconductors, has raised $5.5M in a funding round. The funding came from TAQNIA international.

LAVA Honors Richard Riordan, Local Technology Firms

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LAVA inducted Mayor Riordan--who had a long and involved career in venture capital and private equity before his efforts in politics--into its LAVA Hall of Fame. The group, which promotes the venture capital industry in the Los Angeles area, also honored local companies for their funding and exit activity. award funding technology startup riordan richard lava association venture angeles acquisition merger capital

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