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Electrify America Plans $25M EV Charging Investment In Long Beach

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Electrify America, an electric vehicle (EV) charging infrastructure developer, says it plans to invest $25M in the Long Beach-Wilmington community, part of a larger $200M investment in California for zero emissions vehicles.

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Ways2H Gets Investment For Renewable Hydrogen Production

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Long Beach-based Way2H , a startup developing technology to convert waste into clean hydrogen fuel, has scored a strategic investment from Pacific6 Enterprises, the company announced this morning. Size of that investment were not announced. Pacific6 Enterprises is led by John C.

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Startups Win $25,000 In CSULB Challenge

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Two startups won a total of $25,000 in prizes last week at the Sunstone Innovations Challenge at CSULB, a startup pitch competition involving student teams from CSU Long Beach. The runner up was UNWIND, which is developing personalized meditation programs, which received $10,000 in seed funding.

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Virgin Orbit Sets Planned Board

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Long Beach-based Virgin Orbit has set the planned board of directors for the company, assuming its ongoing special purpose acquisition (SPAC) deal goes through as planned. Virgin Orbit is developing a space launch system based on a modified 747-400 aircraft.

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Rocket Lab Plans IPO Via SPAC

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Long Beach-based rocket developer Rocket Lab is joining the very long list of local technology companies, which is heading towards the public market through a merger with a Special Purpose Acquisition Company (SPAC). Rocket Lab is a develops of rockets which launch small satellites into space.

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Sunstone Backs Lucira Health In $15M Funding

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Long Beach-based investor Sunstone Management is one of the investors in Emeryville, California-based Lucira Health , as part of a Series B funding rounding, the company said on Monday morning. Lucira Health is developing diagnostic tools which use DNA and RNA to identify infection diseases. READ MORE>>.

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Funraise Finds $9.7M For Nonprofit Fundraising

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Long Beach-based Funraise , which develops nonprofit fundraising software, has raised $9.7M in an investment in its Series A funding, the company said this week. According to Funraise, the funding was led by Toba Capital, and also included angel Blaine Vess, the founder of Student Brands.