socalTECH

APRIL 7, 2020

Pasadena-based Miso Robotics , which is developing robots for the quick serve restaurant industry, says it has launched a new Series C crowdfunding campaign, where it hopes to raise a total of $30M in funding. The company's first robot "Flippy" is installed at the Pasadena CaliBurger.

Artificial Inteligence 113

Artificial Inteligence Pasadena Invest Funding 113

socalTECH

JULY 7, 2021

Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. Heliogen is developing concentrated solar energy technology, aimed at replacing fossil fuels.

Acquisition 113

Acquisition Idealab Incubator Pasadena 113

socalTECH

SEPTEMBER 10, 2021

Westlake Village-based gravity-based energy storage technology developer EnergyVault says it will list on the NYSE, via a merger with a special purpose acqisition company (SPAC), Novus Capital Corporation II. The two said the combined firm will have an implied pro-forma enterprise value of $1.1 and others.

Westlake Village 113

Westlake Village Idealab Pasadena Capital 113

socalTECH

OCTOBER 25, 2016

Pasadena-based Embodied , a new startup developer "affordable personal robots", has raised funding from Intel Capital. Size of the funding was not announced. A recent regulatory filing from Embodied suggests the funding round was worth around $3.79M. READ MORE>>.

Funding 100

Funding Southern California Pasadena Research 100

socalTECH

APRIL 6, 2011

Pasadena-based Arrowhead Research said Wednesday that it has boosted its stake in Ablaris Therapeutics , a firm developing treatments for obesity. According to Arrowhead Research, it invested $1.3M As part of the funding, Arrowhead now owns 64 percent of Ablaris. The total amount of the round was $2.9M.

Research 160

Research Invest Pasadena Funding 160

socalTECH

OCTOBER 4, 2010

billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 billion invested in Q2.

Southern California 196

Southern California Invest Westlake Village SoCal 196

socalTECH

MARCH 14, 2017

Pasadena-based ObEN , which develops virtual reality avatar technology, has scored funding from SoftBank Ventures Korea, SoftBank said this morning. Size of the investment was not announced. SoftBank Ventures Korea said the investment came via its SB Next Media Innovation Fund. READ MORE>>.

Pasadena 124

Pasadena Research Funding Invest 124

socalTECH

NOVEMBER 8, 2019

Pasadena-based robot developer Miso Robotics is turning towards equity crowdfunding for its next fundraise, the company said this week. The funding is also being supported by Wavemaker Labs, the "startup studio" arm of investment firm Wavemaker Ventures.

Startup 113

Startup Pasadena Equity Funding 113

socalTECH

AUGUST 15, 2019

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.

Idealab 124

Idealab Pasadena Demand Design 124

SoCal Tech Calendar

MARCH 6, 2011

Saturday, March 12, 2011 -- Angel Investing and Technology Trends. He will also touch on the technology trends that angels are currently interested in funding. Bootstrap2+2. See [link] (more)

Invest 100

Invest Angel Technology Pasadena Angels 100

TechCrunch LA

OCTOBER 7, 2018

” Collins’ company just raised $10 million in a funding round led by GV , the investment arm of Google parent company, Alphabet. But Alphabet’s investment team is far from the only group investing in the restaurant infrastructure as a service business.

Startup 279

Startup Los Angeles Demand Pasadena 279

socalTECH

JULY 17, 2014

The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0 READ MORE>>.

Southern California 240

Southern California El Segundo Culver City Orange County 240

socalTECH

JANUARY 17, 2013

was invested across Southern California in Q4 of 2012. The funding brings Southern California's total 2012 investments to $3.2 in funding. in funding. and Cardiaq valve Technologies in Irvine, a developer of mitral heart valve replacements, which raised $37.3M. in funding. billion in venture capital.

Southern California 237

Southern California Orange County GRP Partners San Diego 237

socalTECH

OCTOBER 4, 2018

Pasadena-based Arrowhead Pharmaceuticals , which develops RNA-based gene therapeutics, has entered into a $3.7 billion license and collaboration agreement with Janssen Pharmaceuticals , the company announced this morning. billion in potential milestone payments and future royalties.

Pasadena 113

Pasadena Equity Research Invest 113

socalTECH

JANUARY 22, 2013

Los Angeles-based Atlas Powered , a developer of software for managing calendar, task, and contact data on iOS and Android, has raised $700,000 in a funding round, the firm said today. The investment in Atlas Powered by the TCA was led by Yuri Pikover. The investment in Atlas Powered by the TCA was led by Yuri Pikover.

Tech Coast Angels 223

Tech Coast Angels Pasadena Angels Pasadena Los Angeles 223

socalTECH

OCTOBER 3, 2019

Pasadena-based e-discovery software developer X1 has raised $5.1M more in a Series B funding round, the company said Wednesday, in a round led by Palisades Growth Capital. According to X1, the new funding will go to hire aggressively in development and sales. X1 is led by CEO Craig Carpenter and CTO Brent Botta.

CTO Hire 124

CTO Hire Idealab Pasadena Software Development 124

socalTECH

MARCH 11, 2009

Pasadena-based venture capital firm California Technology Ventures has staked a developer of a video game software engine, Blade Games , with a $4M investment. According to Blade Games, which is based in Bellevue, Washington, CTV funded the firm in an initial round of investment.

Invest 100

Invest Technology Software Engineering Pasadena 100

socalTECH

DECEMBER 16, 2010

Monrovia-based Ondax , a developer of optical filters and laser sources based on research out of the California Institute of Technology, has raised $2M in a Series E investment. According to the Pasadena Angels, one of the investors in the firm, the round also included the Tech Coast Angels and un-named venture capital firms.

Tech Coast Angels 159

Tech Coast Angels Pasadena Angels Pasadena Monrovia 159

socalTECH

JANUARY 17, 2013

Pasadena-based advertising technology firm OpenX has raised $22.5M more in a round of funding, the company announced today, via a Series E funding round. The firm, headed by Tim Cadogan, said this morning that the new funding brings its total raised to more than $70M. Global Investment, Inc., and Presidio Ventures.

OpenX 178

OpenX Advertising Pasadena Web 178

socalTECH

NOVEMBER 3, 2016

Pasadena-based ObEN , an Idealab-backed startup which is developing artificial intelligence technology for creating highly realistic, virtual reality avatars, has raised $7.7M in a series A funding, the company announced this mroning. Entertainment Co., Gordon Cheng (Cameron Pace Group China), and Idealab.

Artificial Inteligence 100

Artificial Inteligence Idealab Entertainment Pasadena 100

socalTECH

AUGUST 12, 2016

Pasadena-based Arrowhead Pharmaceuticals , a biopharmaceuticals developer aiming at treating hepatitis and other diseases has raised $45M in a private offering, the company said today.

Pasadena 100

Pasadena Capital Invest Funding 100

socalTECH

MARCH 20, 2012

Los Angeles-based Gridtest Systems , a developer of measurement tools for the electric vehicle (EV) market, said this morning that it has raised a seed round of funding from the Pasadena Angels and the Tech Coast Angels. Financial terms of the investment were not announced. READ MORE>>.

Tech Coast Angels 174

Tech Coast Angels Pasadena Angels Pasadena Tool 174

socalTECH

JULY 21, 2011

Pasadena-based Idealab announced today that it has invested in a developer of clean energy generation technology. The firm has invested in Cool Energy , a Boulder, Colorado based developer of Stirling engine technology, used to convert heat energy into power. Financial details of the funding were not announced.

Idealab 150

Idealab Technology Pasadena Invest 150

socalTECH

FEBRUARY 21, 2014

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. Mindbody first raised funding back in 2009, when it gained backing from the Tech Coast Angels, Pasadena Angels, and other local angels.

Tech Coast Angels 147

Tech Coast Angels Pasadena Angels Pasadena Venture Capital 147

socalTECH

MAY 17, 2011

A report today from Greentech Media says that Pasadena-based Idealab 's sale of portfolio firm RayTracker was worth $44.8M. Idealab, Quercus Trust, and Phoenix Fire had invested $3.5M in funding in RayTracker a developer of solar tracking technology. on their investment. READ MORE>>.

Idealab 140

Idealab Report Acquisition Pasadena 140

Both Sides of the Table

AUGUST 14, 2009

Very few people fund individuals. Professional angels / former entrepreneurs / seed funds – In Silicon Valley there are people like Ron Conway, Jeff Clavier, Mike Maples and many more. They know that the money they invest may be lost. Make sure these people understand the nature of early-stage angel investing.

Angel 291

Angel Funding Venture Capital Startup 291

socalTECH

SEPTEMBER 27, 2016

LeisureLink , the developer of vacation rental booking software which was started in Pasadena, has shut down all of its operations, and laid off all of its staff. The company said it has now entered into an Assignment for Benefit of Creditors to manage an orderly disposition of the company's assets.

Pasadena 100

Pasadena Equity Platform Software 100

socalTECH

MAY 26, 2009

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

Idealab Technology Funding Pasadena 100

socalTECH

FEBRUARY 10, 2015

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.

Idealab 100

Idealab Pasadena Venture Capital Design 100

socalTECH

DECEMBER 19, 2011

Pasadena-based Arrowhead Research , the developer of nanomedicines, announced this morning that it has appointed Michael S. Perry is a venture partner at Bay City Capital, a life sciences investment fund, and also serves as President and Chief Medical Officerof Poniard Pharmaceuticals. Perry, Hon BSc, DVM, Ph.D.,

Pasadena 124

Pasadena Research Invest Capital 124

socalTECH

JUNE 2, 2011

Pasadena-based UberMedia , the developer of Twitter client applications, announced this morning that it has scored an additional, $5.6M in a new investment round. The new funding came from Burda Digital, the European Internet investor. UberMedia said the funding came through Burda's DLD Ventures arm.

Pasadena 140

Pasadena Platform Funding Invest 140

socalTECH

APRIL 19, 2010

Pasadena-based eSolar , the solar thermal technology developer backed by Idealab, Google, Quercus Trust, ACME Group, NRG Energy, and Oak Investment Partners, has raised $20M in an unannounced funding round, according to numbers from the latest quarterly venture capital report from PricewaterhouseCoopers and the National Venture Capital Association.

Idealab 154

Idealab Venture Capital Google Pasadena 154

socalTECH

AUGUST 12, 2010

Gevo , a startup which is developing renewable chemicals and biofuels technology, has filed for an IPO, according to an S-1 filing by the firm Thursday afternoon. Gevo--which is now based in Englewood, Colorado--was started in Pasadena, and has licensed technology from both the University of California, Los Angeles, and Caltech.

CalTech 210

CalTech UCLA Technical Review SoCalTech 210

socalTECH

AUGUST 10, 2012

Southern California has the one of the largest gathering of organized angel investment groups, and a huge crop of startup accelerators: there's only one problem, which is they don't naturally work together. As a Pasadena Angel, I wanted to be shocked, but I wasnt. The Angel funding process can be arduous.

Angel 174

Angel Southern California Pasadena Angels Coach 174

socalTECH

FEBRUARY 11, 2011

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>>.

MyShape 217

MyShape Tech Coast Angels Draper Pasadena Angels 217

socalTECH

MARCH 4, 2021

How did you go from running a venture fund to starting Miso? Buck Jordan: The story is, I was at the tail end of my last fund, Canyon Creek Capital, and I wanted to try something different. So, with the last funds out of my fund, I started Miso Robotics. What is Miso Robotics? The demand is there.

Startup 113

Startup Venture Capital Capital Customer 113

socalTECH

JUNE 27, 2011

San Luis Obispo-based MindBody Software , the developer of software for managing yoga, pilates, wellness community, and spa and retreats businesses, has raised nearly $9.0M in a new funding round. The disclosure came via a regulatory filing from the firm. READ MORE>>.

Software 157

Software Tech Coast Angels Pasadena Angels Pasadena 157