TherOx Finds Debt Funding

socalTECH

According to ThereOx, the proceeds of the funding will go towards the U.S. lifescience biotech capital venture kasei asahi zoll infarction myocardial acute device medical funding debt theroxIrvine-based medical device company TherOx , which is developing medical devices to treat acute myocardial infarction (AMI), recently announced it has received a debt financing. The financing came from its existing investors, ZOLL Medical Corporation, which is owned by Asahi Kasei Group.

Casa Verde Capital Raises $45M Investment Fund

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West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry. broadus calvin rapper snoop fund agtech cannabis investment venture capital verde casa

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U.S. Funding for Biomedical Research Takes an Encouraging Upturn

Xconomy

trillion spending bill to fund federal agencies for the rest of the fiscal year and avert another government shutdown. The 2,232-page legislation included a $3 billion funding increase for the National Institutes of Health (NIH), the second largest in the health agency’s history.

Lindora Finds Growth Funding

socalTECH

Lindora said the funding came from Montage Capital, along with Solis Capital Partners and Innovate Partners. According to Lindora, the new funding will go towards expansion of clinic locations and extend its line of naturally flavored, gluten free, clean-label food products. lindora growth funding medical weight loss wellness venture capital lifescience

DermTech Raises $10M In Series C Funding

socalTECH

La Jolla-based molecular dermatology startup DermTech announced today that it has raised $10M in its Series C funding round, part of an ongoing $15M financing effort by the company. The startup, which is developing precision medicine technology for the diagnosis and treatment of skin cancers, inflammatory diseases, and other skin diseases, said the funding included investments by RTW Investments, along with other private investors.

Former Hulu exec Noah Heller launches new venture fund to focus on LA tech

TechCrunch LA

Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed.

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Former Hulu exec Noah Heller launches new venture fund to focus on LA tech

TechCrunch LA

Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed.

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Silicon Beach Report Feb. 2: Science Closes $75 Million Fund

L.A. Business Journal

Science closes $75 million fund; Elon Musk’s Boring Co. sells all its flamethrowers; and Snapchat is selling hats and sweatshirts inside its app

Western Digital Backs SiFive In Funding Round

socalTECH

in a Series C funding. SiFive said the funding round came from Sutter Hill Ventures, Spark Capital and Osage University Partners plus Chengwei Capital, Huami, SK Telecom and Western Digital. riscv capital venture developer processor risc funding sifive digital westernWestern Digital , which has major operations in Irvine, is one of the backers in a new round for RISC processor developer SiFive , which announced on Monday morning that it has raised $50.6M

IP 100

Maco.la Targets Blockchain With New Investment Fund

socalTECH

Management , a new investment fund, said it its targeting the blockchain market, with a new $6M fund. According to Maco.la, it has a target of raising a total of $40M for its fund. The new investment fund is led by Mark Strome. The fund's CEO is Ron Reed. macola blockchain investment fund venture capitalLos Angeles-based Maco.la

Invest 100

How I Got Funded

SoCal Tech Calendar

A successful start-up requires funding, mentoring, and smart connections. Thursday, March 15, 2018 -- Join us for an evening celebrating entrepreneurship at Expert Dojo, Santa Monica CA. Presented by the Pasadena Angels in partnership with LAVA and Expert Dojo Launching a successful start-up requires more than grit, caffeine and an innovative idea.

LAVA 100

SoCal's Big New Crop Of Venture Investors And Funds

socalTECH

It's turning out to be a great time for entrepreneurs looking for funding in the region, with not only high profile exits of such companies as Snap Inc., but a bunch of new, early stage investors looking to seed or fund the next big tech success story. Fund size: $40M.

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Illumina Ventures Raises $230M Venture Capital Fund

socalTECH

Illumina Ventures , the early-stage venture capital investor which was founded by San Diego-based life sciences equipment maker Illumina , says it has raised $230M for its first fund. The venture capital investment fund said it is focused on genomics, and will invest in companies in the areas of life science research, clinical diagnostics, novel therapeutic platforms, and other technologies impacting human health. The fund launched in summer of 2016 with $100M from Illumina.

Some Advice Before You Hit the Fund Raising Trail

Both Sides of the Table

Fund raising. But it’s critical for your business, for you as a leader and people who excel at fund raising have an extreme advantage over those who do not. As a VC I also have to fund raise every three years and these posts 100% apply to VCs raising money, too.

Planning Your Fund Raising — “Measure Twice, Cut Once”

Both Sides of the Table

The benefits you will receive from doing even some basic planning before you hit the fund raising trail are enormous. Many points will seem obvious but since I observe many fund-raising processes as a VC I can tell you that most people get even the basics wrong.

Moving Analytics Finds Funding

socalTECH

Marina Del Rey-based Moving Analytics , a developer of software and programs to help cardiac patients complete their rehab at home, has raised a funding round from OCA Ventures. Size of the funding was not announced. moving analytics venture capital software funding ventures lifescience healthcare health cardiac rehab rehabilitation program

Axonics Finds $40M In Funding

socalTECH

The equity funding was led by Longitude Capital, and also included Gilde Healthcare. According to Axonics, Juliet Bakker of Longitude joins the company's board with the funding. Irvine-based Axonics Modulation Technologies , which is developing medical devices for treating urinary and bowel dysfunction, said today that it has raised $40.1M in financing, split between $20.1M in equity and $20M in a credit facility.

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Akatsuki Lauches $50M Entertainment Investment Fund

socalTECH

Japanese entertainment firm Akatsuki has launched a brand new, Los Angeles-based entertainment fund, called the Akatsuki Entertainment Technology Fund (AET Fund) , which will invest in augmented reality and other entertainment technology, the Japanese company announced on Tuesday. The new investment fund's Managing Director is Tomoya Ogawa, who is CFO of Akatsuki.

Greycroft Backs BlueCart In $5M Funding

socalTECH

BlueCart said this week that it raised $5M in its Series B-1 funding, bringing its total raised to $22M. Greycroft Ventures , which has a big presence in Los Angeles, has backed Silicon Valley-based BlueCart , a developer of machine learning software and other tools for the hospitality industry, to the tune of $5M.

Yapert Closes $1.2M Seed Funding

Ask the Angels

in seed funding. The company intends to use the funds for continued platform expansion and sales & marketing efforts. Blog Fundraising Mobile News Funding Internet Slider Yapert, a San Diego, CA-based interactive mobile magazine, raised $1.2m

Investment Fund Vision Esports Raises $38 Million

L.A. Business Journal

Investment fund Vision Esports announced on Feb. 22 that it raised $38 million in a round led by Evolution Media, the investment firm backed by Creative Artists Agency and private equity fund TPG Growth

Invest 118

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. The funding came from Pasadena-based Mount Wilson Ventures (MWV), a new venture capital investment fund led by longtime Pasadena biotechnology veteran Mike Giardello, Ph.D.

Propagate Gets Funding Round

socalTECH

Los Angeles-based Propagate Content , an independent content studio, said today that it has received a "significant" investment from The Raine Group. Size of that investment was not announced. Propagate is led by Ben Silverman (Chairman, CO-CEO) and Howard T. Owens (Foundaing Partner, Co-CEO). Propagate is the studio that produces "Planet of the Apps", which features Jessica Alba, Gwyneth Paltrow, Gary Vaynerchuk and will.i.am. READ MORE>>.

REX Raises $15M Funding

socalTECH

Woodland Hills-based REX Real Estate Exchange , a startup which helps homeowners sell their homes without using an MLS, has raised $15M in a Series B funding. The company has now raised over $30M in funding.

As the LA venture market booms, Upfront closes its sixth fund with $400 million

TechCrunch LA

As the firm looks ahead to its own future, Suster and the firm he's helped grow remain committed to the future of Los Angeles.

As the LA venture market booms, Upfront closes its sixth fund with $400 million

TechCrunch LA

As the firm looks ahead to its own future, Suster and the firm he’s helped grow remain committed to the future of Los Angeles.

SmartAction Finds Funding From Staley, TVC Capital

socalTECH

El Seguno-based SmartAction , which is developing artificial intelligence-driven, call center automation software, said today that it has raised funding in a management recapitalization by private equity investors Staley Capital and TVC Capital. intelligence artificial funding equity private recapitalization recap capital venture smartaction

Pontifax AgTech Launches $105M Venture Investment Fund

socalTECH

In the latest fund in an unprecedented boom in local investment funds, Los Angeles-based Pontifax AgTech Management announced this morning that it has closed on its first fund, a $105M fund calld the Pontifax Global Food and Agriculture Technology Fund. Pontifax AgTech said LPs in the new fund included financial institutions, university endowments, investment firms, large-scale growers and family offices.

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Syndio Solutions Scores $650K Seed Funding

socalTECH

Los Angeles-based Syndio Solutions , a developer of web-based software to help companies ensure compliance with state and federal equal pay for equal work laws, has raised $650,000 in its seed funding round, according to the company. The funding was led by Frontier Ventures. According to Syndio Solutions, Robert Perille of Frontier Ventures joins the company's board with the funding. syndio solutions seed funding compliance software venture capital diversity legal saas clou

Forentis Fund Launches $50M Personalized Medicine Venture Fund

SoCal Tech Calendar

Murrieta-based Forentis Partners , a new venture capital investment fund, said Monday that it has launched the Forentis Fund , a new, $50M special purpose venture fund specifically focused on bringing personalized medical solutions to market. forentis venture capital fund personalized medicine biotech biotechnology pharmaceutical diagnostics lifescience

Meet Lumi, the Los Angeles startup that just raised $9 million for a packaging business

TechCrunch LA

Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that’s already been profitable, and has just raised $9 million in venture funding to boost its growth.

How I Got Funded

SoCal Tech Calendar

Thursday, October 19, 2017 -- How I Got Funded. A successful start-up requires funding, mentoring and strong community partnerships. Pasadena Angels. Launching your start-up requires more than grit, determination and a great idea. Engage in our panel discussion with Pasadena Angels' portfolio companies and network with our angel investors.

Certona Scores $30M In Growth Funding

socalTECH

The funding came from private equity investor Primus Capital. Certona said the funding will go towards growing market share, product development, and expanding services and support. certona venture capital growth funding private equity recap personalization software saas ecommerceSan Diego-based Certona , a developer of personalization software which uses machine learning and predictive algorithms, has raised $30M in a combined growth investment and minority recapitalization.