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Making The Pasadena Angels Relevant To Today's Startups, With Terry Kay

socalTECH

In a world with a rash of startup incubators and accelerators, super angels, crowdfunding sites, and more, what''s the relevance of organized angel investments groups? First off, for those not familiar with the Pasadena Angels, talk about the group? Terry Kay: If you want to do angel investing, do it with a group.

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New Pasadena Angels Site Launches

Steve Reich

The Pasadena Angels have redesigned our site with a new focus on Entrepreneurs and LA Basin tech resources. We took a lesson from successful companies we have funded–we talked to the market first. You’ll see a long list of companies we’ve funded. Angel Investing Bluebeam Pasadena Angels Raising Captial'

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Energy Vault Finds $110M For Renewable Energy Storage Efforts

socalTECH

Energy Vault , a startup of Pasadena-based Idealab developing radically different energy storage technology--based on the movement of large, concrete blocks via robotic arms--has raised $110M in a Series B funding, the company announced this morning.

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New Matter Gets $6.5M For 3D Printing

socalTECH

Pasadena-based New Matter , which is developing consumer focused, 3D printers, said today that it has raised $6.5M in a Series A funding round. The funding was led by Alsop Louie Partners, and also included Arden Road Investments, Biotechonomy, Dolby Family Ventures, First Round Capital, Idealab and frogVentures.

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X1 Technologies Gains New Funding, CEO

socalTECH

Pasadena-based X1 Technologies , a developer of desktop search software, announced today that the firm has raised new funding from backer Idealab, plus made a few executive changes. Size of the new investment round in the firm was not disclosed by the company. Venture Partner re-upped in the new funding round.

Idealab 100
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MyShape Runs Out Of Cash, Shuts Down

socalTECH

MyShape apparently had run out of money three times between April and November of last year, was unable to garner enough support from its existing investors for more cash, and had hired an investment bank to sell the company, unsuccessfully. READ MORE>>.

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eSolar Lands $30M, Inks India Deal

socalTECH

Pasadena-based eSolar , which is developing solar thermal power plants and technology, disclosed this morning that it has scored $30M in an investment from Indian firm ACME Group, in conjunction with a deal to construct 1 gigawatt of solar power plants in India. READ MORE>>.

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