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On Funding?—?The Denominator Effect

Both Sides of the Table

On Funding?—?The The Denominator Effect I recently wrote a post about funding for investors to think about having a diversified portfolio , which I called “shots on goal.” If you funded 30–40 deals perhaps just 1 or 2 would drive the lion’s shares of returns. Photo credit: Joshua Hoehne on Unsplash On Funding?—?The

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Online Learning Company Ties With UCLA Extension, CAA

socalTECH

A new, venture backed online education company, Encore Career Institute , headed by Steve Poizner, said today that it has linked with the UCLA Extension to offer up professional certificates and career counseling online. The firm said it has raised $15M in a Series A venture capital funding from InterWest Partners and Granite Ventures.

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Gevo, With Ties To Caltech and UCLA, Files For IPO

socalTECH

Gevo is using both technology from UCLA to produce next-generation biofuels through genetically modified Escherichia coli (E. Gevo said it will raised up to $150M on the Nasdaq Global Market, trading as GEVO. coli) bacteria, as well as technology from Caltech from the lab of Dr. Frances Arnold. and Piper Jaffray. and Piper Jaffray.

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Tribogenics Gets Funding From Nikon

socalTECH

According to Tribogenics, the funds goes towards commercialization of its handheld XRF analyzer products, which allow X-rays to be taken from a small, handheld device. Tribogenics is a spinout of technology originally developed at the University of California, Los Angeles (UCLA).

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Boulevard books $70M to help beauty and wellness salons with their bookings

TechCrunch LA

The funding, a Series C, will be used to continue expanding Boulevard’s product and engineering teams and to build out more tools targeting an ever-wider set of users in the bigger wellness and beauty sector (those product additions are typically big — it most recently added a whole new payments feature). Focusing on the U.S.

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TX Zhuo Talks About LA's Newest Venture Fund, Karlin Ventures

socalTECH

However, the recent surge in startup activity has attracted a lot more capital into the area, including a significant amount of capital from LA's latest fund: Karlin Ventures (www.karlinvc.com). TX Zhuo: Karlin Ventures is an early stage venture fund based in LA. How long have you been looking at this market?

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ImaginAb Raises $12.5M

socalTECH

Los Angeles-based ImaginAb , a UCLA spinout which is developing antibody fragments for use in the diagnostic imaging market, said late last night that it has raised $12.5M The round was led by Novartis Venture Funds, and also included Merieux Developpement, Nextech Invest, Cycad Group and Momentum Biosciences. READ MORE>>.

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