article thumbnail

OnGreen Launches Patent Marketplace

socalTECH

Pasadena-based OnGreen , the online marketplace for green and clean technology businesses, said today that it has launched a new, patent marketplace focused on allowing users to license or sell their intellectual property (IP). According to OnGreen, the new marketplace will provide additional funding avenues for entrepreneurs.

Patents 205
article thumbnail

6 Keys To Translating Technology Into Business Value

Startup Professionals Musings

Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. Often new technologies are seen by senior decision makers as new opportunities for litigation and hackers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Ways To Make Your Funding Pitch More Hard-Hitting

Startup Professionals Musings

The average length of a funding pitch to angel investors is ten minutes. Equally bad is a full tutorial on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. Investors don’t need to know the implementation details of your patent or customer support plan.

Slides 147
article thumbnail

SPINN Snag $20M For Coffee Device

socalTECH

A new, Los Angeles-based startup, SPINN, developing a fully automated, mobile- or voice-controlled coffee maker which grinds beans, heats water, and brews coffee for users, said on Monday that it has raised $20M in a funding round. The funding was led by Spark Capital, and also included Amazon's Alexa Fund, Bar 9 Ventures and others.

Patents 113
article thumbnail

6 Keys To Funding Based On Your Marketplace Advantage

Startup Professionals Musings

Here are some of the key ones: Patent protection in place as a barrier to entry. Investors understand that patents can be broken by unscrupulous competitors, but they prove your conviction that you have created something innovative, and are willing to do the work to defend it. This approach is not convincing.

article thumbnail

AwarePoint Receives $4.0M In Funding

socalTECH

funding round, according to a regulatory filing by the firm. The filing indicates the round is a convertible round for the company, and includes JAFCO Technology Partners, Venrock, Cardinal Venture Partners, Kleiner Perkins Caufield & Byers, and Vanguard Health Systems, among others. READ MORE>>.

Funding 113
article thumbnail

Helicoid Industries Finds $2.4M

socalTECH

According to a regulatory filing by the firm, it raised $2,425,810 from 3 investors so far in the funding round. UC Riverside licensed out the technology for Helicoid in March of 2019, to commercialize their bio-inspired patented helicoid architecture for use in composite materials.

Riverside 124