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Silicon Beach Report June 19: Torrance Company Contracted by Homeland Security

L.A. Business Journal

Torrance company contracted by Homeland Security; Quest International expands in Europe; Scratchpay gets $6.4M in series A funding

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BQE Software Scores Private Equity Funding

socalTECH

Torrance-based BQE said on Wednesday that it has received a "significant investment" from private equity investor Serent Capital. Financial details of the investment were not announced. Serent Capital is a private equity investor that invests in technology and tech-enabled software companies.

Equity 113
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The Lundquist Institute Gets $1.75M

socalTECH

Torrance-based The Lundquist Institute for Biomedical Innovation announced on Tuesday that it has received $1.75M as a donation, to fund a multi-site, clinical trial to evaluate the efficacy and safety of the compound psilocybin in individuals with severe psychological distress associated with a terminal medical illness.

Torrance 113
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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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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.

Torrance 113
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Active Storage Gets Funding From Intel, Others

socalTECH

Torrance-based Active Storage a developer of RAID products for Apple computers, has raised a Series A funding round, the firm said Tuesday afternoon. said the funding was led by Intel Capital, and also included Mission Ventures and Valhalla Partners. Amount of the funding was not disclosed.

Activity 145
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Amonix Hits $104.4M In Funding Efforts

socalTECH

Torrance-based Amonix , a developer of concentrated photovoltaic power generation systems for the utility industry, has hit $104.4M No details of the funding have been announced by the firm, which is backed by private equity firm MissionPoint Capital Partners.

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