socalTECH

JUNE 3, 2019

Hawthorne-based SpaceX has raised over $1 billion in new funding, according to regulatory filings from the firm filed on Friday. According to the regulatory filings, SpaceX raised the $1.022 billion split acros two rounds of funding, one worth $535.7M, and $486.2M in the other. READ MORE>>.

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SpaceX Funding Hawthorne Company 100

socalTECH

SEPTEMBER 23, 2020

Hawthorne, California-based rocket and spacecraft developer SpaceX has just closed a Series N funding round, according to investor Legendary Ventures, which invested in the round. A report in August said SpaceX was raising $1.9 billion in new funding, at a valuation of $46 billion. READ MORE>>.

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SpaceX Invest Hawthorne Report 124

socalTECH

NOVEMBER 27, 2017

Hawthorne-based SpaceX has raised another $100M in funding, a regulatory filing by the company on Monday revealed. The funding comes on top of an earlier, $350M funding from earlier this year in the company. No other details on the funding have been announced. READ MORE>>.

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Both Sides of the Table

JUNE 28, 2021

On Funding?—?The The Denominator Effect I recently wrote a post about funding for investors to think about having a diversified portfolio , which I called “shots on goal.” If you funded 30–40 deals perhaps just 1 or 2 would drive the lion’s shares of returns. to start their next company. But here’s the rub?—?almost

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Funding UCSD Netflix CalTech 301

socalTECH

JUNE 30, 2017

Vector , a developer of micro-satellite launch systems and rocket technology whose founders came from SpaceX, said on Thursday that it has raised $21‌M in a Series A funding. The funding was led by Sequoia Capital, and also included Shasta Ventures and Lightspeed. The company says it has now raised $31M in total.

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SpaceX Funding Los Angeles Capital 133

socalTECH

AUGUST 19, 2014

A new report this morning says that Hawthorne-based spaceship and rocket developer Space Exploration Technologies is in the midst of raising a new round of investment, which values the company at around $10 billion. Amount of funding, and the investors involved, have not been disclosed. The report came from TechCrunch. READ MORE>>.

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SpaceX Report Funding Hawthorne 164

socalTECH

FEBRUARY 11, 2019

Hawthorne-based SpaceX has been booked to launch the first, privately funded lunar lander mission, as a secondary payload on an upcoming launch from Cape Canaveral. The lunar lander is the second, ride-sharing payload on what is expected to be a mid-February 2019 SpaceX Falcon 9 from Launch Complex 40 at Cape Canaveral, Florida.

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SpaceX Hawthorne Research Funding 113

socalTECH

DECEMBER 8, 2020

Hawthorne, California-based SpaceX , which is developing its own constellation of thousands of satellites to provide Internet service to earth, has been selected to receive $886M from the FCC to deploy high speed broadband to the rural United States. According to the FCC, SpaceX was among 180 companies to receive part of $9.2

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socalTECH

JULY 28, 2017

Hawthorne-based SpaceX has just raised $350M more in new funding, according to regulatory filings, which reportedly values the company at around $21 billion. Details of the funding have not been announced by SpaceX. SpaceX has previously raised funding from Fidelity, Google, Founders Fund, and DFJ.

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SpaceX Hawthorne Google Report 124

socalTECH

FEBRUARY 25, 2021

Los Angeles-based First Resonance, a startup developing what it calls a "factory operating system" designed for hardware companies for use in their manufacturing operations, says it has raised a new round of funding. First Resonance said the funding was led by Blue Bear Capital.

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socalTECH

AUGUST 28, 2017

Elon Musk , the CEO and founder of Los Angeles-based SpaceX , has a new company, Neuralink , which is looking to create a brain-computer interface--and now has $26.96M in the bank. According to a regulatory filing, Neuralink has raised $26.96 million from 12 investors.

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TechCrunch LA

FEBRUARY 10, 2020

NASA could get significantly more funding than it did in 2020 for its fiscal 2021 operating year, with the bulk of a proposed $3 billion increase earmarked for development of human landers to be used in the Artemis program. SpaceX launches online rocket rideshare booking tool. Trump administration asks for $3B NASA budget boost.

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SpaceX Startup Newsletter Los Angeles 142

socalTECH

APRIL 26, 2016

A new, microsatellite launch firm--founded by veterans of SpaceX--said today that it has raised more than $1M to launch the startup. Vector Space Systems led by former SpaceX executive Jim Cantrell, said it raised $1M in an angel funding to develop a mirosatellite launch company. READ MORE>>.

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SpaceX Los Angeles Funding Angel 100

socalTECH

JANUARY 20, 2015

Hawthorne, California-based SpaceX , the Los Angeles area commercial rocket and spacecraft developer led by Elon Musk, announced Tuesday afternoon that it has raised a billion dollars in a financing round. SpaceX said the deal gives Google and Fidelity just under 10 percent ownership of the company. READ MORE>>.

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socalTECH

NOVEMBER 30, 2017

Los Angeles-based The Boring Company will bid to build, fund, and operate a high speed loop connecting Chicago O'Hare Airport to downtown Chicago, Elon Musk said late Wednesday. READ MORE>>.

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socalTECH

FEBRUARY 8, 2012

Hawthorne-based Space Exploration Technologies , the commercial rocket firm of Elon Musk, has set the schedule for two upcoming satellite launches, the company announced this morning. SpaceX said that it will launch two satellites for Asia Satellite Telecommunications Company Limited (AsiaSat) in 2014, from Cape Canaveral.

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TechCrunch LA

FEBRUARY 24, 2020

Busy week for SpaceX – across funding, space tourism, and next-gen spacecraft. SpaceX plans to build Starships at a furious clip. SpaceX is serious about iteration – its strategy of building (and failing – and learning from its failures) fast is in full effect for its Starship development program.

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SpaceX Sample Study Newsletter 153

socalTECH

JULY 23, 2019

El Segundo-based ABL Space Systems , which is developing small rocket launch vehicles, has received a strategic investment from Lockheed Martin Ventures, the company announced this morning. The company is hoping to launch its first rocket sometime in 2020. Size of the investment was not announced. READ MORE>>.

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El Segundo SpaceX Funding Invest 113

socalTECH

APRIL 19, 2011

Hawthorne-based Space Exploration Technologies (SpaceX), the commercial rocket firm run by tech mogul Elon Musk, has scored $75M from NASA as part of NASA's Commercial Crew Development (CCDev2) effort, NASA said Monday. NASA's CCDev2 effort is aimed at accelerating the availability of U.S.

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socalTECH

JANUARY 19, 2022

Culver City-based Parallel Systems, a startup developing autonomous train and transportation technology, said today that it has raised $49.55M in a Series A funding round. The funding was led by Anthos Capital, and also included Congruent Ventures, Riot Ventures and Embark Ventures. The company is led by CEO Matt Soule.

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TechCrunch LA

JUNE 24, 2020

Relativity Space has a new customer for its 3D-printed rockets: Established satellite maker and operator Iridium, which has picked the company for launches in 2023. To accomplish those, and other launches like them, the company is also setting up a new launch site at Vandenberg Air Force Base in California.

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socalTECH

MAY 29, 2015

more--part of an ongoing $650M funding round--as the instant messaging app developer continues to break Southern California records in both total funding and valuation. According to a regulatory filing, the latest funding round had its first funds committed in February, and so far has 35 investors. billion).

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Snapchat Southern California Funding Venice 100

socalTECH

FEBRUARY 3, 2010

Hawthorne-based SpaceX , the commercial rocket firm run by Elon Musk, said this morning that it has hit another milestone on its Dragon Spacecraft. NASA has contracted SpaceX to deliver cargo to the Internation Space Station, starting sometime this year. Tags: spacex nasa spacecraft dragon launch rocket space aerospace.

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SpaceX Draper Hawthorne Funding 133

Both Sides of the Table

SEPTEMBER 10, 2021

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea. By definition?—?I’m

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Venture Capital Writing Invest Pricing 471

socalTECH

JULY 2, 2021

According to the startup, the engine was launched onboard a Capella Space SAR satellite which went into space on June 30th on a SpaceX launch. The company says the engine is its fourth delivered to space. The company is developing more efficient propulsion means for satellite positioning, using radio frequency (plasma) propulsion.

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El Segundo SpaceX Funding Startup 113

socalTECH

DECEMBER 8, 2020

The company received $234.8M Hawthorne-based SpaceX also was a winner in the broadband effort, with an $886M award, part of a total of $9.2 billion in funding. for providing connectivity to 128,297 locations across 3 states, part of a broader, $9.2 billion effort by the FCC to bring broadband to rural communities.

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Hawthorne SpaceX Funding Services 113

socalTECH

APRIL 1, 2009

Hawthorne-based SpaceX , the commercial space rocket venture of Paypal's Elon Musk, disclosed Tuesday in a regulatory filing that the firm has raised $15M of an ongoing $60M, equity round. No details of the funding round have been released by the company. SpaceX has previously raised funding from the Founders Fund.

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SpaceX Hawthorne Venture Capital Equity 100

socalTECH

FEBRUARY 24, 2021

Los Angeles-based startup Emotive, which develops conversational text messaging software, said this morning that it has raised $50M in its Series B funding round. The funding was led by CRV, and also included Mucker Capital, TenOneTen Ventures, plus new investors, Stripes and Vulcan Capital.

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Chief Technology Officer SpaceX Commerce Los Angeles 113

socalTECH

AUGUST 12, 2019

Vector Launch , a small satellite launch firm founded in Huntington Beach by ex-SpaceX employees, has "suspended operations" and lost its CEO, as part of what the company called a "major change in financing". The company--now headquartered in Tucson, Arizona--had been developing small satellite launch rockets. READ MORE>>.

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SpaceX Invest Funding Develop 113

socalTECH

JULY 30, 2009

Hawthorne-based SpaceX reported late Wednesday that the firm has completed qualification testng for the firm's first stage tank and interstage on its next generation, Falcon 9 launch vehicle. Elon Musk, the CEO and founder of SpaceX, said the testing is part of the firm's efforts to qualify the firm's rockets for human flight.

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SpaceX Hawthorne Report Funding 100

socalTECH

FEBRUARY 11, 2015

in funding --to bring those dreams to life. Hyperloop Technologies said today that it received that funding round from Sherp a Ventures, Formation 8, Zhen Capital, David Sacks, and Peter Diamandis, as well as former White House deputy chief of staff Jim Messina, and plans to raise another $80M in a funding round shortly.

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SpaceX Startup Los Angeles Funding 100

Tech.Co

DECEMBER 29, 2023

As investors continue pouring funding into artificial intelligence and consumer habits shift, many AI and subscription model startups have been enjoying rapid growth. Source: runwayml.com In June, Runway raised $141 million in funding, nudging its market valuation to an envy-inducing $1.5 Organic milk formula product Bobbie.

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Startup Generative AI Newsletter Tool 213

socalTECH

NOVEMBER 24, 2008

Hawthorne-based SpaceX, the high profile commercial space vehicle firm headed by Elon Musk, said this weekend that it has successfully conducted a full mission-length firing of its Falcon 9 launch vehicle's first stage. SpaceX is competing for a NASA contract to transport supplies to and from the International Space Station.

SpaceX 100

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Both Sides of the Table

FEBRUARY 15, 2017

Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. And I constantly have to remind people that the largest tech startup employer in LA is actually SpaceX and that, yes, Elon Musk does live in LA.

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Dollar Shave Club Cornerstone OnDemand Riot Games Venture Capital 321

socalTECH

SEPTEMBER 1, 2020

According to the company, it is aiming at launching its fully autonomous, electric lawn mower by 2021. The company says its product is aimed at mowing large sized commercial lawns, and includes such features as GPS based mapping, computer vision, and machine learning capabilities. READ MORE>>.

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Artificial Inteligence Marketing Santa Monica Press 113

socalTECH

APRIL 30, 2018

Los Angeles-based NI0 , a new startup in the sports and nutrition vertical, is gearing up for launch, backed by $500,000 in seed funding from a number of tech investors. NI0 is led by Braven Greenelsh, and says it is currently in another seed funding effort. Riot Games). READ MORE>>.

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Riot Games Seed Funding OCTANE Training 140

socalTECH

NOVEMBER 15, 2018

Huntington Beach-based Rocket Lab said on Thursday that it has raised a big new funding round, worth $140M, in its Series E funding round. The funding brings its total raised to more than $288M. The new round comes just a few days after the company's first commercial payload launch into space.

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