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Tech Coast Angels Invests $4.5M In First Half Of 2012

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The Tech Coast Angels said today that it has totalled up its investments for the first half of 2012, and found that it invested $4,571,000 in direct investments--as part of $10M in funding--for 17 companies. in 17 companies. READ MORE>>.

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Greenwings Biomedical Launches Incubator

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A new, Los Angeles startup incubator, Greenwings Biomedical , announced its launch Friday, saying that it will be the first incubator of biomedical ventures in Los Angeles. greenwings biomedical incubator accelerator lifescience health lava' READ MORE>>.

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Portfolium Acquired By Instructure

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Portfolium had been venture backed by SFJ Ventures, University Ventures, USA Funds, the Tech Coast Angels, Taner Halicioglu of Keshif Ventures, and others. The company had raised around $9M in total funding, and had been part of the EvoNexus startup incubator. READ MORE>>.

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Incubating LA's Biotech Future, With Richard Koffler, Greenwings Biomedical

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A couple of weeks ago, a brand new, startup incubator launched in town--with a slightly different focus, on biomedical technology. The incubator-- Greenwings Biomedical (www.greenwingsbiomedical.com), is led by Richard Koffler , a serial entrepreneur and angel investor in Los Angeles. What is Greenwings Biomedical?

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MicroPower Turns To Financing To Spur Demand

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San Diego-based wireless video surveillance developer MicroPower Technologies --which was part of the EvoNexus business incubator--said this week that it has started up a financing program, to spur demand for its surveillance systems. MicroPower is backed by Karmel Capital, Motorola, and the Tech Coast Angels.

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AnyMeeting Offers Free Accounts to SoCal Startups

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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>>.

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MicroPower Technologies Steals Away Engineering VP From 3D Robotics

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The company said Tim McConnell--the former VP of Engineering for high flying drone developer 3D Robotics--joins the company in that role to spearhead the company''s technology strategy and development, and lead its engineering team. McConnell has previously also served at Solekai Systems, among other companies.