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Fisker Finds Funding For Battery Technology

socalTECH

Los Angeles-based Fisker , the new developer of electric vehicle and solid state battery technology which was crated by Fisker Automotive founder's Henrik Fisker, has received a strategic investment from Caterpillar Venture Capital. According to Fisker the funding will go towards the development of its solid state battery technology.

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Entos Finds $53M For Drug Design Platform

socalTECH

San Diego-based Entos, a developer of artificial intelligence and automated synthetic development technology for designing small-molecule therapeutics, has raised $53M in a Series A funding. The funding was led by Coatue, and also included Catalio Capital Management, OrbiMed, Sequoia CApital, Nexus Ventures, and Freeflow.

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Cover Technologies Finds $1.6M For Algorithm Designed Buildings

socalTECH

Gardena, California-based Cover , which develops technology which uses algorithms and software to build custom, prefab buildings, including backyard studios, has raised $1.6M in a seed funding round. The funding was led by General Catalyst and Khosla Ventures, and also included Fifty Years, Hyperspeed Ventures, and angels.

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SiLC Technologies Sees $17M

socalTECH

Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The company says it has now raised $30M in total, including an earlier, $12M seed funding last year. Mehdi Asghari is founder and CEO of the company.

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Beauty By Design Raises $2.2M

socalTECH

Los Angeles-based Beauty By Design , a startup offering up "hyper-personalized" beauty products based on a customer's skin, has raised $2.2M in a seed funding round. David Weissman is CEO and Co-founder of Beauty By Design. READ MORE>>.

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7 Government Small Business Grants to Apply For in May 2024

Tech.Co

Seeking funding is a right of passage for many small business owners. There are thousands of grants up for grabs through government website portals, but since this type of financing is designed to support the public, their eligibility criteria tend to be quite specific. Learn more about the SBIR grant, and how to apply here.

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Claiming a landmark in fusion energy, TAE Technologies sees commercialization by 2030

TechCrunch LA

In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion. ” TAE Technologies Michl Binderbauer standing next to the company’s novel fusion reactor. .”