Bikestation Installs In Covina

socalTECH

Long Beach-based Bikestations , an angel-backed startup developing modules used for storing bicycles at train stations, bus stations, and elsewhere, said today that it has contracted for install of a center, at the Covina Metrolink station. Tags: bikestation covina commuting bicycle transportation

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StemCyte Gains $1M In Debt

socalTECH

Covina-based StemCyte , a venture-backed operator of an umbilical cord blood bank, has scored $1M in a debt funding round, according to debt financing firm Agility Capital. Agility said that the senior secured growth capital loan closed in June. StemCyte allows families to sore their baby's cord blood for possible future use in treating certain diseases. The firm has previously received venture funding from Sycamore Venture Capital, Asia Star IT Fund and National Technology Enterprise Co.

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