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Miso Robotics Seeks $40M More Via Crowdfunding

socalTECH

Pasadena-based robot developer Miso Robotics, which develops kitchen assistance robots, says it is looking to raise another $40M more via crowdfunding, after just completing $50M in an equity crowdfunding push. The company said it is undergoing a "SEC review process" ahead of the new crowdfunding effort.

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Share Ventures, an LA-based studio for company creation, is MoviePass co-founder Hamet Watt’s next act

TechCrunch LA

Watt says that the new studio will focus on what he calls “human performance” The businesses will use a blend of technology and human interaction to create services targeting fitness, nutrition, and mental health, according to Watt. “These are tools that are usable that third parties have developed and internal tool stacks.”

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JPL Technology Gets New Life In Micron Spinoff

socalTECH

Technology originally developed at NASA's Jet Propulsion Laboratory is making its way into a spinoff of memory maker Micron Technology this week, as Micron announced that it is selling Aptina Imaging to a pair of private equity firms.

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Reflections on 2018: Andy Wilson, Alliance for SoCal Innovation

socalTECH

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. Are there any technology innovations, gadgets, devices, software, that you found most interesting in 2018? Happy Holidays!

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Arcturus Get Exit At Pliant

socalTECH

Pasadena-based venture capital firm Arcturus Capital has scored an exit out of its portfolio this morning, as Milpitas, California-based Pliant Technology was acquired by SanDisk in a deal worth $327M. SanDisk is a major manufacturer of flash memory.

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Elevance Renewable Sciences Finds $104M

socalTECH

An Illinois firm whose technology is based on, and licensed from Pasadena-based Materia and Caltech , has raised a whopping, $104M funding round. Elevance is using olefin metathesis technology, licensed from Materia, and originally developed by Noble Prize winning Caltech professor Robert H. READ MORE>>.

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How Beatshare Is Tackling Music And Messaging

socalTECH

Orange County startup Beatshare --backed by the Tech Coast Angels, Pasadena Angels, Harvard Business School Angels, and Archangels, among others�thinks it's figured out the formula to make music the message in its mobile app. I've always been a mobile enthusiast, in technology and design and user experience.