socalTECH

OCTOBER 8, 2019

Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. The new firm, led by serial entrepnd investor Aaron Fyke, said its seed stage fund has had its first close of over $5 million.

Capital 213

Capital Funding Idealab Venture Capital 213

socalTECH

FEBRUARY 20, 2013

We spoke with Erick Laubach , the founder of Crash--which is backed by famed startup incubator Idealab--to hear about how the company is hoping to tap the power of the crowd to help others find interesting, local attractions. How did you end up working with Idealab? Idealab is fantastic with that. What is Crash?

Idealab 245

Idealab Startup Incubator Mobile 245

socalTECH

NOVEMBER 2, 2011

Pasadena-based Idealab , the startup business incubator founded by Bill Gross, announced this morning that it has added Andy Steuer to its team. He also was an investor in angel fund Andojo. The firm said Steuer will work on new company creation, particularly in the new mobile applications area. READ MORE>>.

Idealab 154

Idealab Incubator Pasadena Mobile 154

socalTECH

JULY 27, 2011

Pasadena-based Idealab has made another investment in a Twitter-related service, in GoPollGo , which said today that it has launched an online polling service based on Twitter. The firm said it recently closed a seed funding from Idealab. Financial details of that funding were not disclosed. READ MORE>>.

Idealab 171

Idealab Services Seed Funding Statistics 171

socalTECH

JUNE 24, 2010

Pasadena-based Idealab 's newest company, Feedback.com , said today that it has launched an effort to help the gulf cleanup effort. Tags: feedback idealab brand business management service ecommerce. In addition, Feedback.com said that any user adding feedback to the site will get a chance to win an Apple iPhone 4. READ MORE>>.

Idealab 154

Idealab Search Engine Optimization Pasadena Sites 154

socalTECH

JULY 21, 2011

Pasadena-based Idealab announced today that it has invested in a developer of clean energy generation technology. Financial details of the funding were not announced. The firm has invested in Cool Energy , a Boulder, Colorado based developer of Stirling engine technology, used to convert heat energy into power.

Idealab 150

Idealab Technology Pasadena Invest 150

socalTECH

JUNE 26, 2013

A new, startup incubator-created by the Art Center College of Design and the California Insitute of Technology --said this morning that it has launched a brand new, design-focused incubator, housed at Idealab. READ MORE>>. design accelerator pasadena startup incubator entrepreneur'

Incubator 178

Incubator Idealab Design CalTech 178

socalTECH

MAY 24, 2016

Santa Monica-based March Capital Partners , the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its first fund, at $240M.

Capital 172

Capital Funding Clearstone Santa Monica 172

socalTECH

OCTOBER 20, 2021

Pasadena-based Carbon Capture, a new startup which says it is developing machines that remove CO2 directly from the atmosphere, has raised $35M in a Series A funding round. the funding came from Prime Movers Lab, Rio Tinto, Idealab Studio, and Marc Benioff's TIME Ventures, along with others.

Idealab 113

Idealab Pasadena Funding Startup 113

socalTECH

JULY 1, 2010

The April funding of newest Idealab startup TweetUp was worth $3.5M, according to regulatory filings from the firm released Thursday. The amount of the funding, which came from Index Ventures, betaworks, Revolution LLC, First Round Capital, Jason Calacanis, and Jeff Jarvis, had not been announced in April. READ MORE>>.

Idealab 165

Idealab Funding Pasadena Venture Capital 165

socalTECH

MARCH 9, 2015

We spoke with CEO Steve Schell on how Idealab believes its past experience with starting up a 3D printing company--and some new ideas on how to create a marketplace of 3D designs--are the key to making the leap from hobbyist to the mass market. Steve Schell: I glad you brought that up, Idealab and Desktop Factory. READ MORE>>.

Idealab 100

Idealab Design Product Ideas 100

socalTECH

AUGUST 25, 2021

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. According to the company, the new funding will go towards deployment of its platform. Energy Vault is led by CEO and co-foudner Robert Piconi.

Westlake Village 113

Westlake Village Idealab Equity Platform 113

socalTECH

DECEMBER 15, 2021

Los Angeles-based Papaya, a fintech startup developing a mobile bill payment application, says it has raised $50M in a Series B funding. The funding was led by Bessemer Venture Partners, and also included Sequoia Capital, Acrew Capital, 01 Advisors, Mucker Capital, Fika Ventures, F-Prime, and Sound Ventures.

Mobile 113

Mobile Chief Technology Officer Idealab Los Angeles 113

socalTECH

MARCH 11, 2021

in seed funding from Ifly.vc, Amplify, Adam Nash (former CEO of Wealthfront), Spencer Rascoff (Zillow), Wedbush Ventures, Idealab, and Operate Venture Studio. The company has tapped Asian actor, musician, and host Jimmy Wong, who will service as "Chief Community Ambassador" for the company. The company has raised $3.6M

Idealab 164

Idealab Seed Funding Pasadena Organization 164

Both Sides of the Table

NOVEMBER 8, 2011

We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. Of these 19 have received funding (10 have received significant amounts of VC funding) and 5 have been acquired (2 for more than $30 million).

Venture Capital 287

Venture Capital Funding Startup GRP Partners 287

socalTECH

JANUARY 6, 2011

Altadena-based TripTrotting , an online community that helps world travelers find hosts, has scored a Series A round of funding, according to sources close to the firm. The funding came from Idealab's New Ventures Group. Details on the funding, and size, have not yet been announced by the startup.

Altadena 164

Altadena Funding Pasadena Angels Idealab 164

socalTECH

DECEMBER 19, 2018

in a Series A funding. The funding was led by Fika Ventures and Fathom Capital, and also included Toyota AI Ventures, Ubiquity Ventures, Riot.vc, Osage University Partners, and Stage Venture Partners. in total funding, including a pre-seed funding it raised in October of last year. The company has now raised $4.8M

Idealab 133

Idealab Seed Funding Los Angeles Funding 133

socalTECH

JULY 7, 2021

Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. According to Heliogen and Athena Technology Acquisition Corp.,

Acquisition 113

Acquisition Idealab Incubator Pasadena 113

socalTECH

SEPTEMBER 11, 2008

EI Solutions, the solar integration startup backed by Pasadena-based Idealab, has scored a win in the City of Santa Barbara. According to Tioga Energy, a renewable energy services provider, and EI Solutions, the two are building and funding a 384 kW DC solar electric system for Santa Barbara.

Santa Barbara 100

Santa Barbara Idealab Pasadena Sales 100

socalTECH

SEPTEMBER 8, 2016

Howard Morgan , the venture capitalist who helped found Idealab back in 1996, and has since been Founding Partner at seed stage investment fund First Round Capital , is returning to angel investing and will not participate in First Round Capital's new fund. First Round Capital just filed paperwork on a new, $175M fund.

Idealab 100

Idealab Invest Capital Southern California 100

socalTECH

SEPTEMBER 10, 2021

That new funding will come on top of $100M in a PIPE which came from Adage Capital Partners, Pickering Energy Partners, Sailingstone Capital Energy Transition Strategy Fund, SoftBank Investment Advisers, Cemex Ventures, Palantir Technologies Inc., The two said the combined firm will have an implied pro-forma enterprise value of $1.1

Westlake Village 113

Westlake Village Idealab Pasadena Capital 113

socalTECH

MAY 5, 2014

Pasadena-based UberMedia , the provider of mobile advertising technology, announced this morning that it has raised $8M in a funding round. The funding came from Gordon Crawford and Blue Chip Ventures, as well as others. ubermedia venture capital mobile advertising idealab bill gross gordon crawford' READ MORE>>.

Idealab 164

Idealab Advertising Mobile Pasadena 164

socalTECH

NOVEMBER 18, 2019

Energy Vault recently raised $110M in funding for global deployment of its technology, an is a spinout of Pasadena's Idealab. Grist says gravity energy storage --including systems being developed by Pasadena-based Energy Vault --have the potential to revolutionize storage systems for renewable energy. READ MORE>>.

Report 113

Report Technology Idealab Pasadena 113

socalTECH

OCTOBER 3, 2019

more in a Series B funding round, the company said Wednesday, in a round led by Palisades Growth Capital. According to X1, the new funding will go to hire aggressively in development and sales. Pasadena-based e-discovery software developer X1 has raised $5.1M X1 is led by CEO Craig Carpenter and CTO Brent Botta. READ MORE>>.

CTO Hire 124

CTO Hire Idealab Pasadena Software Development 124

socalTECH

NOVEMBER 3, 2016

Pasadena-based ObEN , an Idealab-backed startup which is developing artificial intelligence technology for creating highly realistic, virtual reality avatars, has raised $7.7M in a series A funding, the company announced this mroning. Gordon Cheng (Cameron Pace Group China), and Idealab. Entertainment Co.,

Artificial Inteligence 100

Artificial Inteligence Idealab Entertainment Pasadena 100

socalTECH

FEBRUARY 10, 2015

in a Series A funding round. The funding was led by Alsop Louie Partners, and also included Arden Road Investments, Biotechonomy, Dolby Family Ventures, First Round Capital, Idealab and frogVentures. New Matter said the funding will go towards accelerating product development efforts. READ MORE>>.

Idealab 100

Idealab Pasadena Venture Capital Design 100

socalTECH

SEPTEMBER 8, 2014

ideamarket venture capital idealab marketplace' Ideas posted on the site include "Pizza Bot" -- mobile app for pizza delivery; "Trashnado" -- mobile app for garbage removal; "Power Belt" - a wearable belt to charge your cell phone--and others. All of those ideas have a pre-commited amount of capital from investors willing to back those ideas.

Ideas 159

Ideas Idealab Startup Pasadena 159

socalTECH

AUGUST 15, 2019

Energy Vault , a startup of Pasadena-based Idealab developing radically different energy storage technology--based on the movement of large, concrete blocks via robotic arms--has raised $110M in a Series B funding, the company announced this morning.

Idealab 124

Idealab Pasadena Demand Design 124

socalTECH

MAY 26, 2009

Pasadena-based X1 Technologies , a developer of desktop search software, announced today that the firm has raised new funding from backer Idealab, plus made a few executive changes. Idealab's Bill Gross also re-joins as Chairman of the firm's board of directors. Venture Partner re-upped in the new funding round.

Idealab 100

Idealab Technology Funding Pasadena 100

Tech Zulu Event

JANUARY 20, 2012

We have been holding off on this announcement for quite a bit and now we can officially announce Bill Gross of Idealab as our SuperDemo presenter. Bill Gross founded Idealab in March 1996 and serves as the company’s Chairman of the Board and Chief Executive Officer. Tech Coast Angels is actively seeking great startups to fund.

Idealab 84

Idealab Tech Coast Angels CalTech Startup 84

socalTECH

NOVEMBER 8, 2011

Los Angeles-based Launchpad LA , the business acceleration program headed up by Mark Suster of GRP Partners, said today that it has expanded the program, and added $50,000 in funding for startups in the program, plus actual physical office space. The acceleration progrma has set up space in Santa Monica. Upstart.LA

GRP Partners 145

GRP Partners Startup Funding Santa Monica 145

socalTECH

JANUARY 29, 2010

Venture capital firm First Round Capital , the early stage venture fund whose Managing Directors include Idealab's Howard Morgan , said last night that it has created its own startup exchange fund, a fund which allows the founders of the firm's various startups to diversify their investments and share in the success of the company's portfolio.

Capital 169

Capital Funding OpenX Startup 169

socalTECH

OCTOBER 18, 2017

Pasadena-based desktop 3D printer maker New Matter , which is backed by Idealab, said today that it has rolled out its second generation of its 3D printers, the MOD-t (2nd Gen). Pasadena-based Idealab is well known for its incubation and funding of new startups, and is led by Bill Gross. New Matter is led by CEO Steve Schell.

Idealab 113

Idealab Pasadena Incubator Funding 113

socalTECH

SEPTEMBER 17, 2012

Pasadena-based Evolution Robotics , the Idealab robotics technology firm headed by Paolo Pirjanian, has been acquired by iRobot. Evolution Robotics was backed by Idealab, and also had raised funding from CMEA Ventures, The Quercus Trust of California, and Vodafone.

Idealab 171

Idealab Pasadena Technology Product 171

socalTECH

MAY 29, 2013

Pasadena-based X1 Discovery , the developer of enterprise e-discovery and search tools, has some new funding in hand, and has been ramping its efforts in the market. X1 Discovery is one of the companies out of Idealab. discovery x1discovery electronic ediscovery venture capital idealab search tools enterprise' READ MORE>>.

Idealab 147

Idealab Tool Pasadena Venture Capital 147

Tech Zulu Event

SEPTEMBER 27, 2011

He has contributed to the success of dozens of companies, including the funding and strategic acquisitions of Movoxx, Tsavo and People Media. Alex Maleki , Member of New Venture Group at Idealab. Alex is a member of the New Venture Group at Idealab, headed by Allen Morgan.

Tech Coast Angels 96

Tech Coast Angels Idealab Angel Startup 96

socalTECH

JULY 18, 2017

Pasadena-based ObEN , the developer of artificial intelligence software led by Nikhil Jain, said this morning that it has raised $5M in a strategic funding round, led by Tencent Holding. According to ObEN, the funding also included Li Ruigang, Chairman of CMC and Fengshion Capital. ObEN said it has now raised a total of $13.7M

Artificial Inteligence 124

Artificial Inteligence Idealab Pasadena Platform 124