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Gamma Medica-Ideas Raises $24M

socalTECH

Northridge-based Gamma Medica-Ideas , a developer of digital molecular imaging systems, said Tuesday that it has raised $24M in financing. The firm said the round, the first institutional funding for the firm, was made up of $14M in equity, $5M in mezzanine debt, and a $5M revolving line of credit.

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Q3 Southern California Venture Deals Around $879M

socalTECH

A quick analysis by socalTECH of our tracking of venture capital deals in Southern California finds that there was around $879M in venture funding activity here in Q3. Outside San Diego, Coda Automotive, the electric auto firm in Santa MOnica, raised $24.1M; Northridge based Gamma Medica raised $24.0M