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University of California Plans $250M Venture Capital Fund

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Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital. The fund would seek to invest in companies started on campus, from University research, and from students.

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Groups Join To Promote Innovation, Entrepreneurship in Riverside County

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A trio of local groups have teamed together to promote innovation and entrepreneurship in Riverside County, and received approval Tuesday from the Riverside County Supervisors for the effort. The groups have not outlined their agenda for the effort yet.

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Helicoid Industries Finds $2.4M

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Helicoid is a spinout of the University of California Riverside. UC Riverside licensed out the technology for Helicoid in March of 2019, to commercialize their bio-inspired patented helicoid architecture for use in composite materials. READ MORE>>.

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FarmSense Harvests $2.2M In SBIR Funding

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Riverside-based FarmSense, a developer of "smart sensors" for the agriculture market, has raised $2.2M According to the company, the funding will go to ongoing biosecurity research, including the impact of Japanese Beetles and Gypsy Moths as invasive species. in Small Business Innovation Research (SBIR) funding.

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WurkNow Gets $10M

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Riverside, California-based WurkNow, a developer of a digital staffing and workforce management software product, has raised $10M in a Series A funding, according to the company. The company said the round was led by Newport Hayseed Group, which is based in Newport Beach. The company is led by CEO and co-founder Sammy Singh.

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Soothe Score $31M For On Demand Massages, But Moves To Vegas

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Soothe , which provides on-demand access to certified massage therapists, has raised $31M in a new funding, the company said on Wednesday, but has shifted its headquarters out of Los Angeles and moved to Las Vegas. According to the company, the funding came from The Riverside Company.

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Soothe Picks Up $35M More For On Demand Massage Service

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Los Angeles-based on-demand, massage service Soothe has raised another $35M in funding to expand its service into more cities, the company said on Thursday. The funding came from the Riverside Company. The company offers up flat rate pricing on massages, starting at $99.00 for a 60 minute massage.

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