socalTECH
DECEMBER 12, 2016
Both the University of California , and Caltech both appear to be key to the new clean technology investment fund, Breakthrough Energy , which is being led by former Microsoft founder Bill Gates. Breakthrough Energy said this morning that the new, $1 billion clean technology fund will go towards technology which will have a "significant" impact on greenhouse gas.
L.A. Business Journal
DECEMBER 12, 2016
Mitú launches Snapchat Discover channel, SpaceX delays first manned mission in Dragon capsule, and KidGaurd launches cellphone monitoring software for children.
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socalTECH
DECEMBER 12, 2016
Thousand Oaks-based Teledyne Technologies announced early this morning that it has acquired English machine vision and image sensor technology developer e2v technologies plc. The deal is worth approximately $789M. Teledyne said that e2v had asles of 236 million pounds for the year ended March 31, 2016. e2v develops image sensors and cameras for the machine vision market, imaging sensors and arrays for the space sciences and astronomy market, components and subsystems for radio frequency power ge
InfoChachkie
DECEMBER 12, 2016
A version of this article previously appeared in Forbes. There are two macro trends occuring within venture capital (VC) which are combining to have a […]. The post Good Things Happen When Two Transformative VC Trends Collide appeared first on John Greathouse.
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socalTECH
DECEMBER 12, 2016
Los Angeles-based future transportation developer Hyperloop Transportation Technologies (HTT), one of two Los Angeles-based developer of Hyperloop systems, has inked a deal with the city of Abu Dhabi and its Department of Municipal Affairs and Transport (DMAT), to pursue connecting the cities of Abu Dhabi and Al Ain. Financial details of the deal were not announced.
SoCal Tech Calendar
DECEMBER 12, 2016
Wednesday, December 14, 2016 -- Startups: The Year That Was and The Year That's Ahead. Cal Lutheran University Center for Entrepreneurship. Keynote Speaker: Ben Kuo, socaltech.com. We invite back Benjamin Kuo, editor and founder of socalTECH.com, for another year in review. He will talk about: What's going on in Southern California's entrepreneurial environment, and what were the noteworthy things that happened this year -- and what might be expect in the future?
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Xconomy
DECEMBER 12, 2016
Molecular Assemblies , a San Diego startup developing a new enzymatic method for synthesizing DNA, said today it has raised $2.3 million in a seed financing round. The funding will be used to hire more scientists and to advance the company’s development of enzymatic DNA synthesis technology, CEO Michael Kamdar said in an interview Friday. Molecular Assemblies says its enzymatic approach for making DNA was inspired by the way nature makes DNA.
socalTECH
DECEMBER 12, 2016
Laguna Hills-based Sonendo , a developer of technology aimed at improving root canal treatment, has raised $35M more in an equity financing round, the company said on Monday. The funding was led by DiNovA Capital, and also included Fjord Ventures , OrbiMed Advisors, LLC, Meritech Capital Partners, NeoMed Management and SEB Private Equity. Michael Zhao of DiNovA Capital has joined the company's board as part of the funding.
L.A. Business Journal
DECEMBER 12, 2016
Teledyne Technologies Inc. has reached an agreement to acquire systems manufacturer e2v technologies plc.
socalTECH
DECEMBER 12, 2016
San Diego-based Molecular Assemblies , a startup developing enzymatic DNA synthesis technology, has raised $2.3M in a seed funding, the company announced this morning. The funding came from Agilent Technologies, Cavendish Impact Capital Fund, Eleven Two Capital, Keshif Ventures, Genomics Investment Syndicate, Newport Holdings, LP, and Alexandria Venture Investments.
Startup Professionals Musings
DECEMBER 12, 2016
Why is it that only the most successful entrepreneurs , including Mark Zuckerberg, Bill Gates, and Richard Branson, admit to having a mentor and actually use them? Starting a new business is tough, and the last thing you need is to suffer the same mistakes that have killed businesses like yours before you. Yet many entrepreneurs I know are too proud or too shy to even ask for advice.
socalTECH
DECEMBER 12, 2016
Los Angeles-based venture capital investor Upfront Ventures is the lead investor in a new, $15M Series B funding round for artificial intelligence software developer Tact. Tact develops artificial intelligence software for Salesforce which helps salespeople automate data entry into their CRM systems. Mark Suster of Upfront Ventures joins Tact's board as part of the funding, which also included Microsoft Ventures, Accel Partners, and Redpoint Ventures.
Both Sides of the Table
DECEMBER 12, 2016
Today it has been announced that I’m leading a $15 million funding round in Tact , a new generation of Enterprise Software company along with other investors including Microsoft Ventures and previous investors Accel and Redpoint Rather than just waxing lyrically about how great the company is I thought I’d provide some context about why I invested and also about a fundamental change I see in the coming years in the way enterprise software is used.
socalTECH
DECEMBER 12, 2016
San Diego-based biotech Ignyta announced this morning that it has added Steven L. Hoerter to its board of directors. Hoerter is the Chief Commercial Officer of Agios Pharmaceuticals, and also previously served at Clovis Oncology, Roche, Genentech, Chiron Corporation and Eli Lilly and Company. Ignyta is developing precision medicine products for the oncology market.
socalTECH
DECEMBER 12, 2016
San Diego-based life sciences investor Domain Associates has raised $163.6M in a new fund, Domain Partners IX, LP , according to a regulatory filing by the firm last week. According to the filing, the fund now stands at $163.6M, and includes six limited partners. Fundraising for the new fund first began in December of 2014, according to the filing. The new fund is being managed by Jim Blair, Brian Dovey, Brian Halak, Nicole Vitullo, and Kim Kamdar.
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