L.A. Business Journal

AUGUST 14, 2019

Renewable energy storage firm Energy Vault, a portfolio company of Pasadena's Idea Lab, received a $110 million investment from SoftBank Vision Fund to scale its operations and expand into international markets.

Ideas 100

Ideas Invest Funding Pasadena 100

socalTECH

MAY 21, 2012

Makucell , a life sciences company developing anti-aging skin products, said this morning that it has appointed Kevin J. Scanlon is Chairman of the Pasadena Angels and also an active member of the Tech Coast Angels. Makucell did not say if it received an investment from either group as part of the appointment. Scanlon, Ph.D.,

Pasadena Angels 133

Pasadena Angels Pasadena Tech Coast Angels Angel 133

socalTECH

JULY 17, 2013

The Angel Capital Association , a group which represents angel investors, says this week that the changes in the final rules banning "general solicitation" of companies seeking investments from accredited investors, could "kill most angel investment in the country." Image courtesy Bigstock. READ MORE>>.

Angel 203

Angel Invest Tech Coast Angels Keiretsu 203

socalTECH

OCTOBER 9, 2019

There's a new opportunity in clean technology investments, according to venture capitalist Aaron Fyke , the head of a new, Pasadena-based venture capital investment fund, Thin Line Capital (www.thinlinecapital.com). Aaron Fyke: I believe we're in a second wave of clean tech investing. Lots has changed since 2009.

Invest 113

Invest Capital Venture Capital Idealab 113

Steve Reich

AUGUST 17, 2013

Why are there great tech companies in Pasadena that no one has heard of? Sometimes the answer is that the team is too busy building a great company to worry about generating press outside their own industry. Bluebeam started as a spin-off from a JPL-focused engineering company some eight or nine years ago.

Pasadena 55

Pasadena Pasadena Angels Company Companies 55

socalTECH

APRIL 15, 2020

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. According to Wavemaker 360, the fund focuses on healthcare start-ups seeking seed-stage investment, and importantly avoids biotech.

Funding 133

Funding Draper Santa Monica Pasadena 133

SoCal CTO

MAY 19, 2010

By way of background for the question, there’s a great post by Bob Aholt, a Pasadena Angel: An Angel Investor’s Thoughts on Valuation. What if you believe you have a company that will be a profitable $10M company with obvious exits? Can you raise $750K - $1M with no future investments planned?

Invest 205

Invest Angel Tech Coast Angels Pasadena Angels 205

socalTECH

OCTOBER 8, 2019

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. Fyke previously had been CEO of multiple companies for Idealab, and also was a cleantech investor at Starfish Ventures in Australia.

Capital 213

Capital Funding Idealab Venture Capital 213

socalTECH

FEBRUARY 12, 2020

Parchment , a company which provided records management, transcripts, grades, and other information for the K-12 and other markets--and which has its roots in the LA area--has been acquired by Brentwood Associates. Financial terms of the acquisition were not announced.

Brentwood 113

Brentwood Tech Coast Angels Pasadena Angels Pasadena 113

socalTECH

JANUARY 16, 2020

Pasadena-based Wavemaker Three-Sixty Health , the seed-stage healthcare investment fund run by John Nackel, Jay Goss, Eric Marton and Kwame Ulmer, says it had the sixth and final close on its fund on December 31st. READ MORE>>.

Southern California 124

Southern California Pasadena Invest Funding 124

Steve Reich

SEPTEMBER 10, 2013

The Pasadena Angels have redesigned our site with a new focus on Entrepreneurs and LA Basin tech resources. We took a lesson from successful companies we have funded–we talked to the market first. You’ll see a long list of companies we’ve funded. Angel Investing Bluebeam Pasadena Angels Raising Captial'

Pasadena Angels 55

Pasadena Angels Pasadena Sites Angel 55

socalTECH

MAY 14, 2018

Pasadena-based SeqOnce Biosciences , which is developing next generation sequencing technology, has raised $1M in a seed funding round, according to the company. The funding came from Pasadena-based Mount Wilson Ventures (MWV), a new venture capital investment fund led by longtime Pasadena biotechnology veteran Mike Giardello, Ph.D.

Seed Funding 147

Seed Funding Funding Pasadena Venture Capital 147

Steve Reich

DECEMBER 31, 2014

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.

Pasadena Angels 45

Pasadena Angels Pasadena Angel IP 45

socalTECH

NOVEMBER 5, 2020

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. Size of the investment was not announced. The company said Eli Lilly and Company led the funding, with the new investment today from JDRF.

Funding 113

Funding Technology Pasadena Activity 113

socalTECH

APRIL 7, 2020

Pasadena-based Miso Robotics , which is developing robots for the quick serve restaurant industry, says it has launched a new Series C crowdfunding campaign, where it hopes to raise a total of $30M in funding. According to the company, it has over $2.6M According to the company, it has over $2.6M

Artificial Inteligence 113

Artificial Inteligence Pasadena Invest Funding 113

socalTECH

SEPTEMBER 6, 2019

SeekOps , a developer of drone-based sensor systems to locate natural gas emissions that was spun out of NASA's JPL Laboratories in Pasadena, has raised funding in a Series A-1 round, the company said on Friday. Financial details of the investment were not announced. and international markets.

Funding 145

Funding Pasadena Invest Marketing 145

socalTECH

OCTOBER 4, 2010

billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 billion invested in Q2.

Southern California 196

Southern California Invest Westlake Village SoCal 196

Steve Reich

MARCH 9, 2013

The Pasadena Innovation Council organized a great tech executive meeting in Pasadena on Friday. This is another good step toward pulling together the tech community in the greater Pasadena area. Ted Tekippe, CEO of Doublebeam joined us, as did Kevin Scanlon, Chairman of the Pasadena Angels. It was a great crowd.

Pasadena 49

Pasadena Pasadena Angels Santa Monica Design 49

socalTECH

AUGUST 10, 2017

Pasadena-based Ocular Data Systems , a startup that develops a high resolution camera which is used by law enforcement to document signs of drug and alcohol impairment and other issues with drivers, has raised a round of investment from the Pasadena Angels.

Funding 113

Funding Pasadena Pasadena Angels Invest 113

socalTECH

OCTOBER 6, 2014

Pasadena-based software developer Bluebeam Software has been acquired by German software company Nemetschek AG , the two said late Friday. The companies said that Bluebeam will continue with its current management team, operating as an independent brand company. Bluebeam Software was led by Richard Lee. READ MORE>>.

Software 228

Software Tech Coast Angels Pasadena Angels Pasadena 228

socalTECH

SEPTEMBER 10, 2021

Westlake Village-based gravity-based energy storage technology developer EnergyVault says it will list on the NYSE, via a merger with a special purpose acqisition company (SPAC), Novus Capital Corporation II. billion and is expected to additionally provide up to $388 million in gross cash to the company. and others.

Westlake Village 113

Westlake Village Idealab Pasadena Capital 113

socalTECH

JANUARY 7, 2015

Local angel groups have hit the jackpot again with an investment, this time with the October acquisition of Pasadena-based Bluebeam in a $100M deal by German software company Nemetschek AG. pasadena angels exits venture capital angel investment bluebeam tech coast investors greendot gdot' READ MORE>>.

Tech Coast Angels 100

Tech Coast Angels Pasadena Angels .Net Angel 100

TechCrunch LA

OCTOBER 7, 2018

If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own. ” Collins’ company just raised $10 million in a funding round led by GV , the investment arm of Google parent company, Alphabet. The Battle Is For The Customer Interface.

Startup 279

Startup Los Angeles Demand Pasadena 279

socalTECH

APRIL 17, 2019

Pasadena-based venture capital investment firm Thin Line Capital , a new venture capital firm led by venture veteran Aaron Fyke, has made its first investment, in a developer of solar technology. Size of the investment was not announced. READ MORE>>.

Capital 133

Capital Develop Development Technology 133

SoCal Tech Calendar

AUGUST 14, 2019

Meet the top VCs who are investing in Southern California. Find out what they are looking to invest in. Find out what does it take to secure Venture Capital for your company. Panel includes: Evan Richter, Smash Ventures; Adam Corey, Global Village; Chris Wadden , Pasadena Angels. See [link] (more)

Venture Capital 100

Venture Capital LAVA Los Angeles Angel 100

socalTECH

NOVEMBER 27, 2018

Pasadena-based Wavemaker Three Sixty Health, LP , the healthcare startup investment fund led by Jay Goss, has teamed up with the University of Southern California's MESH (Medicine, Engineering, Science, Humanities) Academy at the USC Keck School of Medicine.

USC 133

USC Southern California Pasadena Venture Capital 133

socalTECH

JULY 7, 2021

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.

Acquisition 113

Acquisition Idealab Incubator Pasadena 113

socalTECH

OCTOBER 21, 2019

Pasadena-based MobLab , a new startup which develops personalized learning software for the education market, has scored a round of funding, the company said today. Nikou is the founder, managing partner, and CEO of private equity investment firm OpenGate Capital. Size of the investment in MobLab was not announced.

Funding 100

Funding Education Pasadena Equity 100

socalTECH

JANUARY 5, 2021

What was the biggest news for you/your company this year? It's been a tough year for many due to the pandemic; how have you or your company adapted to the business environment? Andy Wilson is a well known leader in the Southern Californian innovation ecosystem and has started, led or invested in more than two dozen tech start-ups.

Southern California 202

Southern California SoCal Technical Review Startup 202

socalTECH

JULY 17, 2014

The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0 READ MORE>>.

Southern California 240

Southern California El Segundo Culver City Orange County 240

L.A. Business Journal

MARCH 13, 2018

OpenX, a Pasadena-based programmatic advertising technology company, announced $172 million in 2017 revenue in a March 13 report. The company has grown for 10 consecutive years and has been profitable for four straight, according to a company statement.

OpenX 100

OpenX Report Pasadena Advertising 100

socalTECH

JANUARY 27, 2020

Pasadena-based Calibrate Ventures , a venture capital firm that says it invests in advanced technologies, has added two Venture Partners to the company. She also is a board member at Broadly, and Calibrate says she is also an angel investor in a number of companies.

Dollar Shave Club 113

Dollar Shave Club Yahoo Pasadena Venture Capital 113

socalTECH

NOVEMBER 8, 2019

Pasadena-based robot developer Miso Robotics is turning towards equity crowdfunding for its next fundraise, the company said this week. The funding is also being supported by Wavemaker Labs, the "startup studio" arm of investment firm Wavemaker Ventures.

Startup 113

Startup Pasadena Equity Funding 113

socalTECH

FEBRUARY 28, 2018

Pasadena-based big data visualization and analytics startup Virtualitics has raised $7M in a Series B funding round, the company announced this morning, led by an investment by Centricus. The funding also included the Venture Reality Fund (The VR Fund) and other, un-named investors.

Pasadena 113

Pasadena Funding Invest Startup 113

socalTECH

OCTOBER 4, 2018

Pasadena-based Arrowhead Pharmaceuticals , which develops RNA-based gene therapeutics, has entered into a $3.7 billion license and collaboration agreement with Janssen Pharmaceuticals , the company announced this morning. billion in potential milestone payments and future royalties.

Pasadena 113

Pasadena Equity Research Invest 113

socalTECH

OCTOBER 18, 2012

The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M billion has been invested in the region via venture capital. billion in investments; followed by New England, with $826.1M in investments. in investments.

Southern California 210

Southern California GRP Partners Funding Orange County 210

socalTECH

AUGUST 15, 2019

Energy Vault , a startup of Pasadena-based Idealab developing radically different energy storage technology--based on the movement of large, concrete blocks via robotic arms--has raised $110M in a Series B funding, the company announced this morning.

Idealab 124

Idealab Pasadena Demand Design 124