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University of California Plans $250M Venture Capital Fund

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Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital. The fund would seek to invest in companies started on campus, from University research, and from students. READ MORE>>.

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Helicoid Industries Finds $2.4M

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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.

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Reflections On 2019: Andy Wilson, Alliance for SoCal Innovation

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The Alliance is following the classic start-up trajectory: transition from the big idea to your beachhead product offering. What new technology area, startup, service, or app did you find most interesting or useful this year, and why? The start-up has developed kinetic energy based, long-duration energy storage solutions.

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Water Planet Raises Series B Funding

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Water Planet said the investment came from Air Liquide's ALIAD Corporate Venture fund, Bluestem Capital and UCLA Venture Fund. Water Planet is led by Eric Hoek, the former UCLA and UC Riverside professor who created the membrane technology behind another, water filtering membrane startup, NanoH2O, which is now part of LG.

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