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EDF Renewables North America Inks Renewable Energy Investment From Munich Re

socalTECH

San Diego-based renewable energy developer EDF Renewables North America said on Wednesday that the company has closed on a strategic investment, where Munich Re will acquire a 50 percent stage in two, renewable energy projects in California. Financial details of the investment were not announced.

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Be Green Packaging Acquired By The Riverside Company

socalTECH

Santa Barbara-based Be Green Packaging , a designer of sustainable, compostable, and recyclable packaging for the consumer packaged goods market, has been acquired by private equity investor Riverside Company. begreen packaging cleantech recyclable riverside merger acquisition ecofriendly recycle compost' READ MORE>>.

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Groups Join To Promote Innovation, Entrepreneurship in Riverside County

socalTECH

A trio of local groups have teamed together to promote innovation and entrepreneurship in Riverside County, and received approval Tuesday from the Riverside County Supervisors for the effort. The groups have not outlined their agenda for the effort yet.

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Helicoid Industries Finds $2.4M

socalTECH

Indio, California-based Helicoid Idustries , a startup developing advanced composite materials for use in the wind turbine, aerospace, sporting goods, auto parts, defense, and industrial market, has raised $2.4M--the first part of what looks like an ongoing $5M investment round. Helicoid is a spinout of the University of California Riverside.

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WurkNow Gets $10M

socalTECH

Riverside, California-based WurkNow, a developer of a digital staffing and workforce management software product, has raised $10M in a Series A funding, according to the company. The company said the round was led by Newport Hayseed Group, which is based in Newport Beach. The company is led by CEO and co-founder Sammy Singh.

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Massage-on-demand company, Soothe, raises $31 million

TechCrunch LA

The Series C round from late stage and growth capital investment firm, The Riverside Company , caps a busy first quarter for the massage service. The massage-on-demand service Soothe seems to be rubbing investors the right way with the close of a new $31 million round of funding.

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Roofstock Launches Real Estate Marketplace In Los Angeles

socalTECH

Roofstock , a startup which operates an online marketplace that lets investors purchase homes online as investments, has launched in Los Angeles, the company said on Thursday. Roofstock already offers up its services in the Riverside/San Bernardino area. The company said Los Angeles is its 14th market. READ MORE>>.