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Catalyzing Innovation In Pasadena, with Innovate Pasadena

socalTECH

One of those high profile neighborhoods here is Pasadena, home of Idealab, Caltech, OpenX, and many other high tech companies and institutions. A new effort in Pasadena, called Innovate Pasadena (www.innovatepasadena.com), is looking to become a catalyst for innovation and entrepreneurship in Pasadena.

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Heliogen Raises $108 Million for Solar Energy Technology

L.A. Business Journal

Pasadena-based energy technology company Heliogen Inc. has raised a total of $108 million in two funding rounds to help develop its industrial solar energy technology, the company announced June 15.

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SeqOnce Biosciences Finds $1M In Seed Funding

socalTECH

Pasadena-based SeqOnce Biosciences , which is developing next generation sequencing technology, has raised $1M in a seed funding round, according to the company. According to SeqOnce, it will use the new funding for commercialization of a library construction kit for whole genome next generation sequencing (NGS).

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Materia Gets NIH Funding Grant

socalTECH

Pasadena-based Materia , the developer of olefin metathesis catalyst technology developed at the California Institute of Technology, said this week that it has received a National Institutes of Health (NIH), Phase II funding grant. Amoumt of the grant was not disclosed. READ MORE>>.

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Yowza Gets Angel Funding For Mobile Coupons

socalTECH

Woodland Hills-based Yowza , the developer of a mobile coupon application for both the iPhone and Android, disclosed today that it has closed on a Series A funding round. The round came from the Tech Coast Angels and the Pasadena Angels. The firm did not detail exact timing or size of the round.

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Five Area Firms Get DOE Funds for Concentrating Solar Power Research

socalTECH

Five, Southern California firms are among companies who are splitting up $62M in government funding for the research, development, and demonstration of concentrating solar power systems, according to an announcement by the U.S. Southern California is a major beneficiary of the DOE grants, with Pasadena-based eSolar received $10.8M

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Atlas Powered Gets $700K

socalTECH

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. According to Atlas Powered, the funding will go towards development and commercialization of its app for iOS and Android.