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Pasadena-based Idealab announced today that it has invested in a developer of clean energy generation technology. The firm has invested in Cool Energy , a Boulder, Colorado based developer of Stirling engine technology, used to convert heat energy into power. Financial details of the funding were not announced.
Los Angeles-based Energy Cache , a new startup backed by Idealab, is eyeing the energy storage and smart grid market with its technology. The firm beat out around 170 other entrants to gain the title of "Best Investment Opportunity". READ MORE>>.
One of the investment themes I’ve been focused on in the past 3 years has been Performance-Based Marketing. When I started investing the US advertising market was $300 billion with only 10% of it ($30 billion) of it being online and measurable. We can technology enable offline advertising. Thus, we click!
Pasadena-based eSolar , the developer of solar thermal power generation plants backed by Idealab, has scored a strategic investment from GE Energy , GE said Monday. Size of the new investment was not disclosed. GE said it will also deploy eSolar's technology to customer worldwide. READ MORE>>.
David Carter and Allen Hurff are two startup veterans, who believe they have a new formula to help create early stage, technology companies, through their new "startup studio", Zuma Ventures (www.zumavc.com). Incubators, at the core level, take basic core level technology and try to build a company around it.
I thing I’ve learned over the years is that technology purists hate advertising even when it is that revenue stream that truthfully drives much of our industry. So he founded IdeaLab with his wife Marcia Goodstein (he talks in the video about working with a spouse and also working with siblings). They are very hands on.
Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. Fyke previously had been CEO of multiple companies for Idealab, and also was a cleantech investor at Starfish Ventures in Australia.
Aptera had been attempting to gain funding from the Department of Energy's Advanced Technology Vehicle Manufacturing (ATVM) loan program, after initially failing to be qualify in 2008 for the program due to having three, not four wheels. READ MORE>>.
Pasadena-based eSolar , the solar thermal technology developer backed by Idealab, Google, Quercus Trust, ACME Group, NRG Energy, and Oak Investment Partners, has raised $20M in an unannounced funding round, according to numbers from the latest quarterly venture capital report from PricewaterhouseCoopers and the National Venture Capital Association.
A report today from Greentech Media says that Pasadena-based Idealab 's sale of portfolio firm RayTracker was worth $44.8M. Idealab, Quercus Trust, and Phoenix Fire had invested $3.5M in funding in RayTracker a developer of solar tracking technology. RayTracker was a spinout of Idealab's Energy Innovations.
Pasadena-based X1 Technologies , a developer of desktop search software, announced today that the firm has raised new funding from backer Idealab, plus made a few executive changes. Size of the new investment round in the firm was not disclosed by the company. X1 did not say if prior investor U.S. READ MORE>>.
Idealab-based solar energy startup eSolar has just raised $12.8M The funding--which included at least two prior investors, including Oak Investment Partners--is still in progress. Burbank-based eSolar is developing utility-scale, solar thermal power technology used for generating power on a large scale. READ MORE>>.
Pasadena-based eSolar , the developer of concentrating solar thermal power plants spun out of Idealab, said today that Gary J. Breton joins the company from Aurora Semiconductor, and also has served at Cypress Semiconductor and Amkor Technologies. eSolar is backed by ACME Group, Google, Idealab, NRG, and Oak Investment Partners.
Pasadena-based eSolar , a developer of concentrating solar thermal power technology, said today that it has appointed John Van Scoter as its new Chief Executive Officer. eSolar is venture backed by Google, Idealab, and Oak Investment Partners. eSolar is venture backed by Google, Idealab, and Oak Investment Partners.
After the acquisition, MyMiniLife became the common technology platform at Zynga and powers 150M monthly users including games like Cityville, Farmville, and Frontierville. Alex Maleki , Member of New Venture Group at Idealab. Alex is a member of the New Venture Group at Idealab, headed by Allen Morgan. He received a B.S.
Pasadena-based eSolar , the solar thermal technology firm backed by Idealab, Google, and others, is being eyed as the next possible solar IPO in the pipe, according to GigaOm. eSolar is heavily backed by Idealab, Google, Oak Investment Partners, Quercus Trust, NRG Energy, and others. Citing the Next Up! READ MORE>>.
Burbank-based eSolar , the developer of solar thermal power plant technology, said Monday that it has selected Flextronics to provide design services for its heliostats and solar collector systems. Financial details of the deal were not disclosed. eSolar said the efforts would focus around cost reduction targets for its customers.
We spoke with CEO Steve Schell on how Idealab believes its past experience with starting up a 3D printing company--and some new ideas on how to create a marketplace of 3D designs--are the key to making the leap from hobbyist to the mass market. Steve Schell: I glad you brought that up, Idealab and Desktop Factory.
Pasadena-based solar thermal technology developer eSolar has inked a deal with another clean technology firm, Sundrop Fuels, the company announced today. According to eSolar, it will supply its heliostat and sun tracking technology to Sundrop Fuels, and also make that technology available to other prospective partners and customers.
That's the idea behind the technology being developed by Pasadena-based ObEN (www.oben.me), which is led by co-founde rand CEO Nikhil Jain. Nikhil told us a bit about the startup,which was spawned out of Idealab, and recently raised a round of funding from CrestValue Capital, Cybernaut Westlake Partners, Leaguer Venture Investment Co.,
Alex Maleki , Member of New Venture Group at Idealab. Alex is a member of the New Venture Group at Idealab, headed by Allen Morgan. Alex previously helped lead the Proto Group at Idealab, working to determine the feasibility of new business ideas. Idealab continues to explore a range of technology frontiers.
There's a new opportunity in clean technologyinvestments, according to venture capitalist Aaron Fyke , the head of a new, Pasadena-based venture capital investment fund, Thin Line Capital (www.thinlinecapital.com). Aaron Fyke: I believe we're in a second wave of clean tech investing.
Pasadena-based eSolar , a developer of solar thermal power technology being used for power plants, said this morning that the firm has inked a deal with a South African firm to expand sales through Sub-Saharan Africa. eSolar is backed by Idealab, Google, Oak Investment Partners, and others. READ MORE>>.
eSolar develops concentrating solar power technology used in utility scale solar installations. The company is venture backed by NRG, Google, Oak Investment Partners, Quercus Trust, Acme, and Idealab, where the company was started. Financial details of the deal were not disclosed. READ MORE>>.
An innovator in technology, especially monetization. Home to the Internet’s first true “accelerator,” Idealab led by Bill Gross. ” To me, LA will always be a creative hub for TV, film, music, video games and now technology. World-class education including Caltech, USC and UCLA. Not derivative.
Watt says that the new studio will focus on what he calls “human performance” The businesses will use a blend of technology and human interaction to create services targeting fitness, nutrition, and mental health, according to Watt. For Watt, the studio model represents the next iteration of startup investing.
The firm is backed by Idealab, and is headed by Internet veteran Andy Steuer. It's like an old world punchcard, taken to the current 21st century technology. Is this part of Idealab's new ventures group, or how did you connect with them? Andy Steuer: It's actually out of Idealab proper.
Peter Csathy , the CEO of San Diego''s Sorenson Media , and digital media veteran, has departed the company, and will head up a new legal and investment group formed by Manatt, Phelps & Phillips. The new digital media venture from Manatt was created by Los Angeles partner T.
The magazine turned its attention this month towards the Los Angeles innovation and technology economy in a section guest edited by StartEngine co-founder Howard Marks , including a reception held Wednesday evening at the Viceroy in Santa Monica.
Boone Pickens; Aptera Motors , in Carlsbad, which has funding from Google and Idealab; and Phoenix MC , based in Ontario. On the automobile side, there are at least six Southern California companies also working on their own, electric or other alternative vehicles, competing against Tesla and the traditional carmakers.
The firm has relationships with DFJ Gotham, Idealab, and others. Idealab has invested in the fund, and is a great partner, and has been introducing us to their companies, as well as lots of companies that aren't in the Idealab structure but where they know the founders and executives. What is Startup Exchange?
Southern California's only finalist in the Automotive X Prize, Aptera , which is based in San Diego and backed by Idealab, did not win, but was being displayed at the announcement in Washington, D.C. The cars were judged not only on MPG, but also emissions and performance requirements. READ MORE>>.
Aptera is backed by Idealab, Google, Esenjay Investments, The Simons Family, and The Beall Family Trust. Aptera also said it is moving its headquarters from Oceanside to Carlsbad, where it says it will begin staffing engineering, composites product development and design positions by the third quarter of the year. READ MORE>>.
Pasadena-based ObEN , an Idealab-backed startup which is developing artificial intelligence technology for creating highly realistic, virtual reality avatars, has raised $7.7M Gordon Cheng (Cameron Pace Group China), and Idealab. in a series A funding, the company announced this mroning. Entertainment Co.,
In recent months, a dozen accelerators and incubators have emerged in the Southern California area, looking to help take the new generation of technology startups to funding and beyond. In contrast with our earlier list of accelerators , these typically do not have set schedules, defined programs, and investment amounts. Funding: Yes.
With lead investors like Fika Ventures and Fathom Capital, and co-investors, including Toyota AI Ventures, Ubiquity Ventures, Riot.vc, Osage University Partners and Stage Venture Partners, Elementary Robotics is readying itself for commercial pilots with a few undisclosed customers as it proves out its technology.
Science is looking to incubate its own set of companies, make investments, and otherwise work to create the next successful startups. I wanted to go back to both, with an operation and investment focus. It's different from making an investment, and it's also different from an incubator, in that it's a long term relationship.
If you about it, their customers have begun opening up their purses, which have been kind of tied up in the last 18-24 months, they haven't been investing in new technology or products, and equities are getting more expensive. Sumant Mandal: When we make investments, we generally don't invest in acquisition candidates.
Pasadena-based concentrated solar energy technology developer Heliogen, a spinout of the Idealab startup incubator, has gone public via a Special Purpose Acquisition Company (SPAC) deal, the company said on Wednesday. According to Heliogen and Athena Technology Acquisition Corp.,
Energy Vault , a startup of Pasadena-based Idealab developing radically different energy storage technology--based on the movement of large, concrete blocks via robotic arms--has raised $110M in a Series B funding, the company announced this morning.
According to eSolar, Tyner's career has been spend advancing and deploying solar thermal technology. eSolar is backed by more than $140M in funding, from Google, Idealab, and Oak Investment Partners. According to eSolar, Tyner joins the firm from Sandia National Laboratories, where he spent more than 30 years. READ MORE>>
Westlake Village-based gravity-based energy storage technology developer EnergyVault says it will list on the NYSE, via a merger with a special purpose acqisition company (SPAC), Novus Capital Corporation II. and others. The company's original system was based on very large concrete blocks being moved up and down using a crane system.
Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. They were started in affiliation with IdeaLab and were the first-round lead in PayPal. Segment One: Jim’s background and Clearstone’s investment strategy. Segment Two: “Deal of the Week”. Terms not disclosed.
Pasadena-based eSolar , which is developing solar thermal power plants and technology, disclosed this morning that it has scored $30M in an investment from Indian firm ACME Group, in conjunction with a deal to construct 1 gigawatt of solar power plants in India. READ MORE>>.
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