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The Design Accelerator Launches Incubator At Idealab

socalTECH

A new, startup incubator-created by the Art Center College of Design and the California Insitute of Technology --said this morning that it has launched a brand new, design-focused incubator, housed at Idealab. The new incubator is headed by Mark Breitenberg and Erik Hovanec. READ MORE>>.

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Making The Pasadena Angels Relevant To Today's Startups, With Terry Kay

socalTECH

In a world with a rash of startup incubators and accelerators, super angels, crowdfunding sites, and more, what''s the relevance of organized angel investments groups? First off, for those not familiar with the Pasadena Angels, talk about the group? He started the group because he wanted to help companies succeed.

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Share Ventures, an LA-based studio for company creation, is MoviePass co-founder Hamet Watt’s next act

TechCrunch LA

.” With $10 million in financing from a slew of investors including Upfront Ventures, Alpha Edison, the general partners and founders of True Ventures, and a Korean family office, Share Ventures will look to launch between two and four companies per year. “We have aggregated tools into a company building stack,” says Watt.

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X1 Discovery Names New CEO

socalTECH

Pasadena-based X1 Discovery , which develops e-discovery and search software for the legal industry, has named Craig Carpenter as its new CEO, according to the company. X1 Discovery is one of the companies out of Pasadena's Idealab startup incubator, and shares its headquarters with Idealab. READ MORE>>.

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Heliogen Goes Public Via SPAC Acquisition

socalTECH

Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. The company is expected to trade on the NYSE as HLGN.

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2014 Was An Amazing Year for the Pasadena Angels

Steve Reich

2014 Pasadena Angels Performance. • 4 Exits, including Bluebeam for $100mm. • $4.7mm in new funding for portfolio companies. • I have never seen such energy at the Pasadena Angels in my decade+ as a member. Angels have been attending many outside events, both in Greater Pasadena and further afield in Silicon Beach.

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AnyMeeting Offers Free Accounts to SoCal Startups

socalTECH

Local startup AnyMeeting is looking to help fellow Southern California startups out, saying this morning that it will provide free, one-year accounts to its premium, ad-free service to any employee of companies within select Los Angeles area incubators and accelerators. READ MORE>>.