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Electrify America, an electric vehicle (EV) charging infrastructure developer, says it plans to invest $25M in the LongBeach-Wilmington community, part of a larger $200M investment in California for zero emissions vehicles.
Los Angeles-LongBeach-Santa Ana ranked further down on the list, at number 16, at $13.1M investment capital venture capita diego barbara santa' The report, from The Atlantic , found that Santa Barbara-Santa-Maria-Goleta was number five in the nation in terms of venture capital activity per 100,000 people, with $59.1M
In a loss for Southern California's burgeoning electric car industry, Tesla Motors said Thursday evening that it has selected not Downey or LongBeach, but instead, Silicon Valley city Fremont as the location of its manufacturing facility for its Model S sedans.
Total venture capital investment dollars in 2017 are on their way to a decade high, according to a new report issued today, with $21.5 billion invested in the third quarter in more than 1,699 companies. The 3Q 2017 PitchBook-NVCA Venture Monitor report said the latest quarter worths of investment brings 2017's total to $61.4
LongBeach-based Way2H , a startup developing technology to convert waste into clean hydrogen fuel, has scored a strategic investment from Pacific6 Enterprises, the company announced this morning. Size of that investment were not announced. Pacific6 Enterprises is led by John C. READ MORE>>.
LongBeach-based Obagi Medical Products , a developer of aesthetic medicine products, said Thursday that it has named Mark T. Taylor joins the firm from Roth Capital Partners, where he had served in institutional sales, investment banking, and equity research.
LongBeach-based Apriso , a developer of software used for managing manufacturing operations, reported today that it has been selected by Boston-Power. The firm said that Boston-Power is using its FlexNet software to enhance its manufacturing operations and quality assurance program. Financial details of the win were not disclosed.
The feature is now available in Chicago, Las Vegas, LongBeach, Calif., The round comes four months after the eight-year-old startup drove home a $300 million investment that knocked it into “unicorn” territory. For now, the company’s party feature will only be offered in a handful of the nearly 3,000 U.S.
LongBeach-based Apriso , a privately held firm developing manufacturing software, said today that it saw "strong customer growth" in the quarter from manufacturers in the solar, fuel cell, and battery industries. The firm did not provide any actual financials. Apriso's software is used for managing supply chains.
Two startups won a total of $25,000 in prizes last week at the Sunstone Innovations Challenge at CSULB, a startup pitch competition involving student teams from CSU LongBeach.
LongBeach-based investor Sunstone Management is one of the investors in Emeryville, California-based Lucira Health , as part of a Series B funding rounding, the company said on Monday morning. Sunstone Management say it focuses on investments in U.S. Lucira Health's president and CEO is Erik Engelson. READ MORE>>.
LongBeach-based Apriso , a developer of planning and control software for the manufacturing industry, reported Thursday that the firm had record revenues in 2009. Apriso is venture backed by Brentwood Venture Capital, CMEA Ventures, LogiSpring Investment Fund SA, SAP Ventures, and Wall Street Technology Partners. READ MORE>>.
VIRGIN GALACTIC is coming to LongBeach with a massive 150,000 square foot facility. Located at the LongBeach Airport, this new facility will allow easy transportation of rockets and of customers satellites using WhiteKnightTwo. The company will also be hosting a job fair and open house on March 7.
LongBeach-based investor Sunstone Venture Capital Fund says it has participated in the funding for supersonic airplane maker Boom Supersonic. Sunstone did not say how much it invested in the round, which was announced last week by Denver-based Boom Supersonic.
LongBeach-based Funraise , which develops nonprofit fundraising software, has raised $9.7M in an investment in its Series A funding, the company said this week. According to Funraise, the funding was led by Toba Capital, and also included angel Blaine Vess, the founder of Student Brands.
LongBeach-based Virgin Orbit has set the planned board of directors for the company, assuming its ongoing special purpose acquisition (SPAC) deal goes through as planned.
Irvine-based Bikestation , a developer of facilities for bicycle commuting, has scored an investment from the Tech Coast Angels angel investment group, the TCA said this morning. According to the Orange County arm of the Tech Coast Angels, the investment was led by Raulee Marcus.
LongBeach-based rocket developer Rocket Lab is joining the very long list of local technology companies, which is heading towards the public market through a merger with a Special Purpose Acquisition Company (SPAC). According to Rocket Lab, the deal will give it an implied pro forma enterprise value of $4.1
LongBeach-based Obagi Medical Products , which develops aesthetic and therapeutic skin care products, said Monday afternoon that the firm will stop selling its SoluCLENZ Rx Gel in pharmacies. The firm said that the company will instead focus on physician dispensing of its products.
The most amount of investment came for the Los Angeles-LongBeach MSA, which saw $247.6M in investments in the quarter, followed by $197.5M Another $28.68M was invested in Santa Barbara-Santa Maria-Lompoc, plus Ventura. Q2 fundings in Southern California were much higher, due to a giant $1.27
A new company, Apex Innovation Sciences --with headquarters in LongBeach, California and Marlton, New Jersey--has formed out of a corporate merger of CNS Network and Hassman Research Insitute , along with the Clinical Trial Centers Alliance , three companies in the clinical trial studies industry, the companies said this morning.
It’s hard to remember that in 2012 it was still hard for LA VCs to persuade investors into funds that LA was a viable market for great venture capital funds or convince many VCs that LA was a market worth investing dollars into startups. 43% of all goods arriving into American ports come through LA and LongBeach ports in Los Angeles.
Jeff Blanton This past weekend I was racing in the annual Mid-Winter Regatta out of LongBeach. Lesson learned; the owners invested in some equipment to solve the problem. During the last race of five, we had just rounded the final mark with our spinnaker up and heading for the finish line.
We're working from Manhattan Beach and LongBeach, and we've found that Southern California is really friendly. We're very excited to be working with them, to help us create a platform for us for future acceleration and growth, and we're working on additional investments down the track.
Since 1981, the Los Angeles Economic Development Council (LAEDC) has worked to attract, retain and grow businesses among LA Countys 10 million residents, via free business assistance and attraction programs, economic research and analysis, real estate advisory services, trade and investment assistance, and public policy leadership.
We've set it up so that saves them money compared to investing in GMOs and seed and machines that they use to spray those chemicalswe just replace that cost. So, this is robotics-as-a-service, and we've set it up to be something they can swap on their operating belt, so that all farmers can have access. We're on year two now.
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