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Covisus Collects Series A

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Monrovia-based Covisus, a developer of supply chain tracking products, said this week that it has raised a Series A funding. Size of the funding was not announced. The funding came from Hale Capital Partners.

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Xencor Launches $110M Public Offering

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Monrovia-based biotechnology developer Xencor has launched a public offering of its common stock, with the aim of raising approximately $110M in funding, the company said on Wednesday. The publicly traded biotechnology developer--which trades on the NASDAQ as XNCR--said it has priced the offering at $24.000 per share.

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Ondax Raises $2M More

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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.

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GRP Backs Payment Card Provider Wave Crest

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Los Angeles-based venture firm GRP Partners is backing a prepaid card firm, Wave Crest Holdings Limited , based in Gibraltar. in a Series B funding round led by GRP Partners, which also included Park Ventures. The firm develops prepaid cards and electronic wallet products as well as other related payment products.

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Prolacta Lands Series D

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Monrovia, California-based Prolatca Bioscience , which supplies human milk-based fortifiers for premature infants, said today that it has closed a Series D funding round. Size of the round was not announced by the company, however, a regulatory filing by the firm yesterday indicates the equity funding was worth $15.0M.

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