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$150,000 Investment from Make in LA for hardware Startups | Batch 2 Application Open

Tech Zulu Event

They de-risk hardware companies by focusing on the team, the technology, the market, and the manufacturing with their in-house experts as well as their global network. Perks include office space, prototype lab, production facilities, mentoring, and investments up to $150,000 in the first 4 months. Industrial designer in residence.

Startup 40
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Pentadyne Gains $22M

socalTECH

Chatsworth-based Pentadyne Power said Monday that it has raised $22M in a financing round. The firm, which develops flywheel energy storage systems, said the funding will go to fuel expansion of the firm into new markets. Pentadyne's flywheel systems are used for large-scale, uninterruptible power supplies.

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DoE Selects Two SoCal Firms For Solar Program

socalTECH

Department of Energy announced Tuesday that it has selected thirteen companies for an effort to commercialize solar energy technologies, including two firms based in Southern California. According to NREL, it is investing $6 million under the American Recovery and Reinvestment Act, as part of a new PV Technology Pre-Incubator Award.