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Los Angeles-based life sciences investor WestlakeVillage BioPartners announced today that it has raised two new venture capital funds, worth a total of $500M, for its investments in biotech companies. The venture investor says it has now raised more than $820M in total for its investments. READ MORE>>.
Los Angeles-based venture capital investor WestlakeVillage BioPartners said on Wednesday that it has named Peter Calveley, previously Managing Director in the Investment Banking Group at SVB Leerink, as its Chief Operating Officer. Calveley previously also served at Merrill Lynch and Alexion Pharmaceuticals.
WestlakeVillage BioPartners , a brand new venture capital fund focused on the life sciences, said on Wednesday that it has launched a new, $320 investmentfund aimed at early stage companies. According to the new venture fund, it was founded by Beth Seidenberg, M.D.,
billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 billion invested in Q2.
An analysis of Q2's venture capital deals and investment activity in Southern California find that venture capitalists invested around $1.6 billion invested in Q1, and up from $1.0 in investment), Energy ($190.2M in investments) and Medical Deviecs ($128.1M in investments in Q2). billion in Q2 of last year.
WestlakeVillage-based Pray.com , which develops social networking applications for religious communities, has raised $14M in a Series A funding, the company said this week. The funding was led by TPG Growth, and also included Science Inc. and Greylock Partners. READ MORE>>.
A major competitor to WestlakeVillage-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.
WestlakeVillage-based Row 44 , the provider of inflight Wi-Fi and entertainment services headed by John LaValle, announced today that it has raised $45M more in financing. Row 44 said the funding will go towards broadening the firm's offerings and expand its infrastructure.
WestlakeVillage-based Specialists On Call , a firm developing a service to provide physician specialists to urban, suburban, and other hospitals via videoconferencing, has raised around $11.73M in a series of fundings, according to regulatory filings by the firm this week.
INVST , a WestlakeVillage-based startup which offers up an online platform to help alternative investmentfunds find accredited investors, has signed up three new clients for its service, the company said this week. invst investedin alon goren deal institutional crowdfunding accredited investment tracking finnance'
CoverHound , which has offices in WestlakeVillage, and is also one of the portfolio firms of Los Angeles-based venture investor Core Innovation Capital , has raised $33.3M in a Series C funding. Los Angeles investor Core Innovation Capital, which makes investments in fintech startups, also invested in CoverHound's prior round.
Last week's angel investment report by the Angel Capital Association reported that investments by angel investors dropped nine percent in 2008, with a hefty percentage of angel investors--40 percent--expecting this year will be a down year. Tags: angel investment capital venture.
WestlakeVillage-based Sienna Biopharmaceuticals , which is developing medical dermatology and aesthetics treatments, has raised $40M in a Series B funding. Omega Fund Management, and others. Omega Fund Management, and others.
Alex Schneider: It all started in 2003, when the city created an economic development fund worth $5M. It was a kind of rainy day fund, available for economic development purposes. In 2007, we started to put some policy attached to the money, and created a jobs investmentfund. The purpose was to deliver high value jobs.
WestlakeVillage-based gravity-based energy storage technology developer EnergyVault says it will list on the NYSE, via a merger with a special purpose acqisition company (SPAC), Novus Capital Corporation II. The two said the combined firm will have an implied pro-forma enterprise value of $1.1 and others.
WestlakeVillage-based inVia Robotics , the developer of warehouse robots led by Lior Elazary, has raised $20M more in funding, in a Series B round. inVia said the new funding was led by Point72 Ventures and also included investments from Upfront Ventures and Embark Ventures. READ MORE>>.
Thousand Oaks-based Dantari has raised $47M in its Series A funding, saying that it has launched a new, clinical-stage biotechnology company developing targeted therapeutics for the treatment of cancers and other diseases. Dantari has appointed Richard A.
Los Angeles has long been in San Francisco’s shadow when it comes to life sciences investment. WestlakeVillage BioPartners is launching today with $350 million in committed capital. But a new venture capital firm led by industry veterans is trying to cast the City of Angels in a new light.
It's an unusual time for the startup world, however, despite the ongoing health emergency, companies are still announcing funding. How is it you convinced investors, even though you're not from the medical field, even though you are experienced startup founders, to make the investment in your company? Yes, we closed before all of this.
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