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Slingshot Aerospace Picks Up $40.85M More For Space Tracking Systems

socalTECH

El Segundo, California and Austin, Texas-based Slingshot Aerospace announced this morning that it has raised $40.85M in a funding round, a Series A2 funding. The funding also included additional venture loan funding from Horizon Technology Finance.

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Morf3D, Starburst Aerospace Partner On Manufacturing Effort

socalTECH

El Segundo-based Morf3D, a metal additive manufacturing company which is a subsidiary of Nikon Corporation, and Los Angeles-based space startup accelerator Starburst Aerospace, are in a manufacturing deal in Long Beach, Morf3D said this week.

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Phase Four Finds $26M For Satellite Thrusters

socalTECH

El Segundo-based Phase Four, a space startup which is creating satellite thrusters which use radio-frequencies for propulsion, said it has raised $26M in a Series B funding round. Phase Four says it is developing Maxwell plasma propulsion engines, which are designed to steer satellites in space.

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TS2 Holdings Acquires Three Companies, Including Neohire South, Hero.jobs

socalTECH

Los Angeles-based TS2 Holdings , a strategic business development firm focused on the technology industry, said on Friday morning that it has acquired three companies, including Neohire South , RockIT Recruiting , and Hero.jobs. TS2 Holdings' offices are in El Segundo, and the company is an arm of Japanese staffing giant Persol Group.

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The OIX Names Laurence Sotsky As CEO

socalTECH

El Segundo-based The OIX , a fintech company that is developing tax credit and incentives management software, has named technology startup veteran Laurence Sotsky as its new CEO, according to the company. Sotsky was most recently head of venture-backed, mobile application development startup Hopscotch.

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The OIX Names Laurece Sotsky As CEO

socalTECH

El Segundo-based The OIX , a fintech company that is developing tax credit and incentives management software, has named technology startup veteran Laurence Sotsky as its new CEO, according to the company. Sotsky was most recently head of venture-backed, mobile application development startup Hopscotch.

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Mattel, NetEase In Mobile Games Joint Venture

socalTECH

El Segundo-based Mattel , and Chinese Internet technology and video game developer NetEase , said this morning that the two are in a new joint venture to public mobile games and education apps.