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Report: Venture Capital Dollars In 2017 On Way To Record

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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 The 3Q 2017 PitchBook-NVCA Venture Monitor report said the latest quarter worths of investment brings 2017's total to $61.4 billion invested in the third quarter in more than 1,699 companies.

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SpinLaunch Finds $35M For Orbital Launch Systems, Expansion In Long Beach

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Long Beach-based SpinLaumch , a space startup working on oribal launch systems which use a kinetic launch system to deliver payloads into space from the ground using a mass acceleration system, has raised $35M more, the company said on Thursday afternoon. The new funding brings the startup's total funding to $80M.

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Santa Barbara, San Diego Tops On Per-Capita Venture Capital

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A new study released earlier this month has ranked the Santa Barbara-Santa Maria-Goleta metropolitan area, as well as the San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. venture capital deals per 100,000 people. venture capital deals per 100,000 people.

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Sunstone Backs Lucira Health In $15M Funding

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Long Beach-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. READ MORE>>.

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Sunstone Joins In $100M Funding For Supersonic Plane

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Long Beach-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.

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Startups Win $25,000 In CSULB Challenge

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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 Long Beach.

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Payoff.com Raises $7.0M For Personal Finance Efforts

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Long Beach-based Payoff.com , a startup which operates an online service that helps user pay off debt and save money via online rewards, social tools, and peer pressure, has raised $7.0M payoff personal finance venture capital money social rewards gamification' READ MORE>>.