socalTECH
SEPTEMBER 23, 2020
Hawthorne, California-based rocket and spacecraft developer SpaceX has just closed a Series N funding round, according to investor Legendary Ventures, which invested in the round. The investment firm's General Partner is Jayson Kim. A report in August said SpaceX was raising $1.9 READ MORE>>.
socalTECH
JUNE 15, 2020
The Tech Coast Angels says it has launched a new, annual fund, and is continuing to invest--despite the pandemic. The angel group, the largest in the nation, said it invested over $19M in 2019, in part due to a similar fund created by its San Diego chapter, the TCA-San Diego, last year. Recess , Somabar , and Turn Technologies.
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socalTECH
AUGUST 5, 2014
It looks like Hawthorne-based SpaceX is confident it will keep its headquarters in Hawthorne for quite a long time--despite setting up a commercial launch facility in Texas this week--based on details on the recent sale of the company''s leased headquarters at 1 Rocket Road in Hawthorne--to a commercial real estate investment trust.
socalTECH
JANUARY 20, 2011
Southern California venture capital investments total $497.8M, according to the latest numbers from the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association, which were released this evening, based on data from Thomson Reuters. in investments, followed by $182.7M in investments.
socalTECH
AUGUST 19, 2014
A new report this morning says that Hawthorne-based spaceship and rocket developer Space Exploration Technologies is in the midst of raising a new round of investment, which values the company at around $10 billion. Amount of funding, and the investors involved, have not been disclosed. The report came from TechCrunch.
socalTECH
MARCH 27, 2014
In a move which threatens the growing Silicon Beach technology industry, the Santa Monica City Council voted last night to downsize the Santa Monica Airport. The council has expressed the desire to close the airport , and is gearing up for legal battles with the FAA. Photo courtesy Steve Lyon @ Flickr. READ MORE>>.
socalTECH
OCTOBER 20, 2009
was invested in 65 Southern California deals in Q3, compared to $773.3M billion invested in 637 deals in Q3, up 17 percent quarter-to-quarter, but down three percent in deals. round; San Diego-based Zogenix with a nearly $36M funding round; and Hawthorne-based Space Exploration Technology (SpaceX) , which raised $30.4M.
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