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Original Apple I Computer Sells For $400,000 In Monrovia

socalTECH

An original, Apple I computer--hand built by Steve Wozniak and Steve Jobs--has sold for $400,000 in an auction in Monrovia, California this week. The auction of the "Chaffey College" Apple-I, originally sold to a professor at Chaffey College in Rancho Cucamonga occurred on Tuesday.

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Covisus Collects Series A

socalTECH

Monrovia-based Covisus, a developer of supply chain tracking products, said this week that it has raised a Series A funding. Size of the funding was not announced. The funding came from Hale Capital Partners.

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AeroVironment Wins $8.5M Military Contract

socalTECH

Monrovia, California-based AeroVironment , which develops unmanned aerial vehicles, said late Monday that it has received a $8.5M military sales contract from an un-named, U.S. According to AeroVironment, the $8,584,734 firm-fixed-price U.S.

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SiLC Technologies Sees $17M

socalTECH

Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The funding was led by Alter Venture Partners and Dell Technologies Capital and also included Fluxunit -- OSRAM Ventures, Sony Innovation Fund by IGV, Epson, UMC Capital, Yamato Holdings and Global Brain.

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Xencor Links With Atreca

socalTECH

Monrovia, California-based biopharmaceuticals developer Xencor says it has linked with another biotechnology company, Atreca , to research, develop and commercialize T cell engaging bispecific antibodies as potential therapeutics in oncology.

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Xencor Licenses Antibody For Food Allergy Treatment

socalTECH

Monrovia-based Xencor says it has licensed the rights to its XmAB7195 monoclonal antibody, to Aimmune Therapeutics , a company that it working on treatments of food allergies. Xencor said it sold the rights to its antibody for $5 million in cash and $5 million in equity.

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AeroVironment, SoftBank In $65M JV To Develop Unmanned Aircraft

socalTECH

Monrovia, California-based AeroVironment said on Wednesday that it is in a joint venture to develop a solar powered, high-altitude, long-endurance unmanned aircraft system, potentially worth up to $65,011,081. The joint venture is with HAPSMobile , which is 95 percent owned by Japanese technology giant SoftBank Corp.

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