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Energy Vault Scores $100M For Gravity-Based Energy Storage

socalTECH

Westlake Village-based Energy Vault, which is developing gravity-based, grid-scale energy storage systems, has raised $100M in its Series C funding round, the company announced this morning. Gekko, Crexa Capital Advisors LLC, Green Storage Solutions Venture I LLC, and Gordon Crawford.

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Row 44 Competitor Gets Funding Injection

socalTECH

A major competitor to Westlake Village-based Row 44 , which develops Wi-Fi equipment for the commercial aviation market, has scored a big funding round this morning. Those investors include Ripplewood Holdings, Blumenstein/Thorne Information Partners and other investment entities associated with Oakleigh Thorne.

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Altasens Raises $15.1M

socalTECH

Westlake Village-based Altasens , a developer of CMOS image sensors, has raised $15.1M funding round, according to a regulatory filing from the firm Thursday. Details on the funding have not been announced by the company. out of a $20.1M READ MORE>>.

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Venture Firms Invest Around $1.6 Billion In Q2 2010 In SoCal

socalTECH

An analysis of Q2's venture capital deals and investment activity in Southern California find that venture capitalists invested around $1.6 for Torrance-based Amonix , $27.75M for Westlake Village-based Row 44 , $31.0M Tags: finance investment capital venture. billion invested in Q1, and up from $1.0

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Cyber Rain Raises $792K

socalTECH

Westlake Village-based Cyber-Rain , a developer of smart irrigation controllers, has raised $792,454 in an equity funding raise, according to a regulatory filing by the firm this week. No details on the funding have been released by the firm. READ MORE>>.