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MicroPower Turns To Financing To Spur Demand

socalTECH

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.

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EvoNexus to Close Downtown Incubator, Consolidate in University City

Xconomy

EvoNexus, San Diego’s nonprofit tech incubator established seven years ago, is closing its downtown offices and consolidating its operations in a newly revamped space in University City, a suburban neighborhood about 13 miles to the north. He characterized the consolidation, set for Nov. 1, as a prudent move to manage costs.

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Going long on LA, India, AI and tech infrastructure March Capital raises $300 million

TechCrunch LA

It’s another indicator that the Los Angeles technology ecosystem is coming of age, but also a sign that March’s core investment strategies — to invest in companies applying artificial intelligence to business use cases and investing in the next wave transforming computing infrastructure — are paying off.

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An LA-led, public-private partnership pitches a $150B green infrastructure package to Congress

TechCrunch LA

There’s also a relatively modest request (of only $4 billion) for funding devoted to pilot projects, startup companies, and public clean technology investment initiatives (like LACI). Revenues for these companies have dropped precipitously as consumer-facing demand has fallen off a cliff.

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Airware Gets $10.7M From Google, Andreessen For Unmanned Drone Technology

socalTECH

According to the company, its Series A financing will go towards expanding its team, meeting customer demand, and scaling for growth. Airware is led by Jonathan Downey.

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SoCalGas & Los Angeles Cleantech Incubator Set Up A $1M Fund To Disrupt Clean Tech

Tech Zulu Event

Clean, safe and reliable natural gas company Southern California Gas Company (SoCalGas) has established $1 million innovation fund in partnership with Los Angeles Cleantech Incubator (LACI) , to speed the development of clean technologies to meet current global energy needs and become a sustainable energy source.

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Interview with Dave Eastman, Viterbi Startup Garage

socalTECH

For today's interview, we spoke to Dave Eastman, the Director of the Viterbi Startup Garage, a startup incubator that is run by the University of Southern California, out of its location in Marina Del Rey. How are you different from other startup incubators, etc? It's not entirely exclusive, however.