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Sunstone Backs Lucira Health In $15M Funding

socalTECH

Long Beach-based investor Sunstone Management is one of the investors in Emeryville, California-based Lucira Health , as part of a Series B funding rounding, the company said on Monday morning. Sunstone Management is led by John Shen. Lucira Health's president and CEO is Erik Engelson. READ MORE>>.

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Startups Win $25,000 In CSULB Challenge

socalTECH

Two startups won a total of $25,000 in prizes last week at the Sunstone Innovations Challenge at CSULB, a startup pitch competition involving student teams from CSU Long Beach. The runner up was UNWIND, which is developing personalized meditation programs, which received $10,000 in seed funding.

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Momentum IoT Raises $3.1M

socalTECH

Long Beach-based Momentum IoT , a developer of telematics products for tracking trucks, trailers, heavy equipment, and other assets, has raised $3.1M in a funding round, the company said this morning. The funding was led by Howard Edmund Capital, and also included Thompson Aerospace. READ MORE>>.

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Apex Innovation Sciences Forms From Three Way Merger

socalTECH

A new company, Apex Innovation Sciences --with headquarters in Long Beach, California and Marlton, New Jersey--has formed out of a corporate merger of CNS Network and Hassman Research Insitute , along with the Clinical Trial Centers Alliance , three companies in the clinical trial studies industry, the companies said this morning.

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Cargomatic Collects $35M

socalTECH

Long Beach-based Cargomatic , which develops technology to connect shippers and carriers, said this week that it has raised $35M in a Series B funding round. The funding was led by Warburg Pincus, and also included Canaan, Genesee & Wyoming, Xplorer Capital and Muse Family Enterprises.

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ChargerHelp raises $2.75M to keep EV chargers working

TechCrunch LA

million from investors Trucks VC, Kapor Capital, JFF, Energy Impact Partners and The Fund. The funds will be used to build out its platform, hire beyond its 27-person workforce and expand its service area. It was here that she spotted a gap in the EV charging market. The company said it has raised $2.75

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With a $3.5 million haul, Dray Alliance joins a booming logistics startup scene in LA

TechCrunch LA

With an angle on a long-neglected part of the shipping industry — the short-haul movement of cargo from docks to logistics centers — Dray Alliance is joining a growing startup scene for logistics businesses based in Los Angeles. Trucking logistics company NEXT Trucking takes in a $21 million haul. The company has raised $3.5

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