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Tocagen, Forte Biosciences In Merger

socalTECH

As part of the funding, the two said that Alger, BVF Partners LP and OrbiMed have entered into a securities purchase agreement to invest $14 million in the combined company. The newly merged company will operate under the name Forte Biosciences, and trade on the Nasdaq Capital Market as FBRX. READ MORE>>.

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Pixoto Raises Seed Funding For Photo Site

socalTECH

Pixoto , a new startup focused on sharing and voting on photographic images which is headed by former Pictage founder Jason Kiefer, has just scored a seed funding worth $360,000, according to a regulatory filing by the firm this week. Based on the funding, it appears the company is working on a $500,000 seed funding round.

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Phyn Taps Into $10M More For AI-Powered Plumbing Monitoring Device

socalTECH

Torrance-based Phyn , the developer of the remarkably advanced water monitoring technology spun out of Belkin, said today that it has raised another $10M in funding, from current investor Uponor. According to Phyn, the new investment will go towards market penetration and to scale the company's operations. READ MORE>>.

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PixelFish Nabs $4M For Online Video Ads

socalTECH

Torrance-based PixelFish , which provides online video marketing products to local businesses, announced Thursday that it has raised $4M in a funding round. PixelFish said the funding will go towards sales, marketing, and technology. PixelFish said the funding will go towards sales, marketing, and technology.

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