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Privlo Gets $350M In Debt For Technology Driven Mortgage Loans

socalTECH

Los Angeles-based Privlo , a technology driven startup offering up mortgage loans to consumers, said this week that it has raised $350M in a debt financing round, along with $3.8M The equity funding came from Spark Capital and QED Investors; source of the debt funding was not announced. The company is led by Michael Slavin.

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Alexandria Venture Investments Ramps Investment Activity

socalTECH

Pasadena-based Alexandria Venture Investments, the venture arm of Alexandria Real Estate Equities, says that has been ranked as one of the year's top five most active U.S. investors in the "agrifoodtech" sector. According to the company, it is on track to double its investment activity this year.

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Miso Robotics Seeks $40M More Via Crowdfunding

socalTECH

Pasadena-based robot developer Miso Robotics, which develops kitchen assistance robots, says it is looking to raise another $40M more via crowdfunding, after just completing $50M in an equity crowdfunding push. The company said it is undergoing a "SEC review process" ahead of the new crowdfunding effort.

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Reflections on 2020: Andy Wilson, Alliance for SoCal Innovation

socalTECH

As you may recall the Alliance's mission is to elevate the region as a global leader in innovation, technology & entrepreneurship. What are you most looking forward to in the technology/startup world in 2021? You will be able to get to all of these posts on our 2020 reflections here.

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JPL Technology Gets New Life In Micron Spinoff

socalTECH

Technology originally developed at NASA's Jet Propulsion Laboratory is making its way into a spinoff of memory maker Micron Technology this week, as Micron announced that it is selling Aptina Imaging to a pair of private equity firms.

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Reflections on 2018: Andy Wilson, Alliance for SoCal Innovation

socalTECH

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. Are there any technology innovations, gadgets, devices, software, that you found most interesting in 2018? Happy Holidays!

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Share Ventures, an LA-based studio for company creation, is MoviePass co-founder Hamet Watt’s next act

TechCrunch LA

Watt says that the new studio will focus on what he calls “human performance” The businesses will use a blend of technology and human interaction to create services targeting fitness, nutrition, and mental health, according to Watt.

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