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DR Technologies Lands $4.5M More From Private Equity

socalTECH

San Diego-based DR Technologies , a firm which designs, engineers, and manufactures composites for commercial, military, and scientific satellites and other space systems, has raised $4.5M The investment came from Los Angeles private equity firm Nogales Investors. in a follow-on investment.

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Platinum Equity Buys Quark, Eyes Acquisitions

socalTECH

Los Angeles-based private equity firm Platinum Equity has acquired Quark , the developer of page layout software, according to the firm this morning. Quark's software is used by publishers to help lay out the design of their pages; publish data in XML; automating publishing of page layout, and more. READ MORE>>.

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SmartBug Media Gets Private Equity Investment

socalTECH

Irvine-based SmartBug Media , a marketing agency which helps businesses with lead generation, has received a private equity investment from American Discovery Capital (ADC). SmartBug Media said it provides inbound marketing, digital strategy, design, marketing automation, and public relations services.

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XPRIZE Launches New Video Game Design Challenge

socalTECH

The group said the competition will encourage entrants to design and/or develop a video game across the themes of Exploration, Environment, and Human Equity. XPRIZE said entries for the competition will be due by October 14, 2020. READ MORE>>.

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Vicente Capital Invests In Wireless Software Company

socalTECH

Los Angeles-based private equity investor Vicente Capital Partners announced MOnday that it has invested in iBwave Solutions , a Canadian company providing in-building wireless design software. The company''s software and associated services are used in the in-building wireless network design market. READ MORE>>.

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Nelson Nameplate, Miller Dial Combine, Get Funding

socalTECH

Two Los Angeles area companies focused on membrane switches and other products for the electronics, healthcare, industrial, and aerospace market, have combined and gained private equity funding. Superior Capital announced the investment Monday.

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Archer Aviation aims to launch network of urban air taxis in Los Angeles by 2024

TechCrunch LA

Urban Movement Labs and the city of Los Angeles are working on the design and access of “vertiports,” where people can go to fly on an “urban air mobility” aircraft. The combined company, which will be listed on the New York Stock Exchange with ticker symbol “ACHR,” will have an equity valuation of $3.8