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Heliogen Raises $108 Million for Solar Energy Technology

L.A. Business Journal

Pasadena-based energy technology company Heliogen Inc. has raised a total of $108 million in two funding rounds to help develop its industrial solar energy technology, the company announced June 15.

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Catalyzing Innovation In Pasadena, with Innovate Pasadena

socalTECH

As much as the idea of "Silicon Beach" wants to represent the whole of the local technology industry in Los Angeles, there are -- as one would expect in such a large metropolitan area -- many different neighborhoods and communities spread across the region, all with their own individual identities, companies, and technology focuses.

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Innovate Pasadena Seeks To Focus Pasadena's Innovation, Tech Efforts

socalTECH

For all of the activity in Silicon Beach which seems to be crystallizing in Santa Monica, there are many other parts of Los Angeles which have a long history of involvement in the technology industry. One of those areas is Pasadena, home to Idealab, Caltech, and a large number of technology companies, big and small. READ MORE>>.

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Innovate Pasadena Hires First Full Time Staff Member

socalTECH

Innovate Pasadena , the non-profit which is helping to promote the technology industry in Pasadena, said Monday that it has hired on its first, full-time hire. Innovate Pasadena said that Guerrero has more than 20 years of experience in sales, marketing, and event production, and is a Pasadena native.

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Report: New Technology Offers Potential For Better Energy Storage

socalTECH

New energy storage technology--based on gravity and potential energy--may be on its way to helping to revolutionize energy storage, without the need or limited lifetime of batteries, according to a report today. Energy Vault recently raised $110M in funding for global deployment of its technology, an is a spinout of Pasadena's Idealab.

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ObEN Technology Used In Chinese New Year's Broadcast

socalTECH

Pasadena-based ObEN , which develops technology to help people create a personal, AI-driven avatar which looks and sounds like you, reported a win in China, for a big New Year's broadcast for China Central Television (CCTV). ObEN showed off a clip of the use of its technology in the big broadcast. READ MORE>>.

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Making The Pasadena Angels Relevant To Today's Startups, With Terry Kay

socalTECH

For Friday''s interview, we spoke with Terry Kay ithe new Chairman of the Pasadena Angels (www.pasadenaangels.com) on the group, and its relevance in the technology funding world today. First off, for those not familiar with the Pasadena Angels, talk about the group? It''s more than money. Terry Kay: That''s a good question.