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Catalyzing Innovation In Pasadena, with Innovate Pasadena

socalTECH

As much as the idea of "Silicon Beach" wants to represent the whole of the local technology industry in Los Angeles, there are -- as one would expect in such a large metropolitan area -- many different neighborhoods and communities spread across the region, all with their own individual identities, companies, and technology focuses.

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Wavemaker Three-Sixty Health Launches New Fund

socalTECH

Pasadena-based Wavemaker Three-Sixty Health , a healthcare innovation fund led by Jay Goss and Dr. John Nackel, says it has launched a new venture capital fund, Wavemaker Three-Sixty Health Fund II. Size of the new fund was not announced. READ MORE>>.

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Thin Line Capital Launches New Energy, Sustainability Fund

socalTECH

Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. The new firm, led by serial entrepnd investor Aaron Fyke, said its seed stage fund has had its first close of over $5 million.

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Heliogen Raises $108 Million for Solar Energy Technology

L.A. Business Journal

Pasadena-based energy technology company Heliogen Inc. has raised a total of $108 million in two funding rounds to help develop its industrial solar energy technology, the company announced June 15.

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SeqOnce Biosciences Finds $1M In Seed Funding

socalTECH

Pasadena-based SeqOnce Biosciences , which is developing next generation sequencing technology, has raised $1M in a seed funding round, according to the company. According to SeqOnce, it will use the new funding for commercialization of a library construction kit for whole genome next generation sequencing (NGS).

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Protomer Technologies Gets Funding For Protein Therapeutics

socalTECH

Pasadena-based Protomer Technologies announced this morning that it has received funding from both the JDRF T1D Fund, as well as Eli Lilly and Company, in a funding round. The company said Eli Lilly and Company led the funding, with the new investment today from JDRF. READ MORE>>.

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Calibrate Ventures Raises $80M Investment Fund

socalTECH

Pasadena-based Calibrate Ventures , a brand new venture capital firm founded by Kevin Dunlap and Jason Schoettler, announced on Tuesday morning that it has raised $80M in its very first venture capital fund, Calibrate Ventures, L.P.