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SiLC Technologies Sees $17M

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Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. SiLC said the new funding will go towards its operations, for product development, and to help get production design wins. Mehdi Asghari is founder and CEO of the company.

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AeroVironment Releases New EV Charger Product

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Monrovia-based AeroVironment is expanding its lineup of chargers for the electric vehicle market, with a new product specifically aimed at the forklift and materials handling market. According to AeroVironment it has launched a new product, ConnectRx, as part of its PosiCharge ProCore line of electric forklift chargers.

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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. The company said it has developed "covert" item-level supply chain tagging technology, which places tracking information into the "intrinsic surface texture" of the item.

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Xencor Licenses Technology To Australian Firm

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Monrovia, California-based biotherapeutics technology developer Xencor said Tuesday that it has licensed its Xtend technology to an Australian firm. Xencor and CSL Limited said they are in a technology license agreement, which will provide CSL access ot its technology, for use with CSL''s monoclonal antibodies.

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Xencor Licenses Technology To Centocor

socalTECH

Monrovia-based Xencor , a developer of biotherapeutics technology to improve antibodies, said this morning that it has licensed its Fc engineering technology to Centocor Research & Development, Inc. The firm said that it has licensed its XmAb and Xtend technology to Centocor, in a multi-year agreement. READ MORE>>.

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Xencor In Licensing Deal With Merck

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Monrovia-based Xencor announced today that it is in a technology license and option agreement with biotech giant Merck. Xencor is developing antibody technology which it has widely licensed to companies such as Amgen, Pfizer, Janssen R&D LLC, MorphoSys, Boehringer Ingelheim, CSL Ltd. and Human Genome Sciences.

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Aerovironment Names VP

socalTECH

Monrovia-based Aerovironment , which develops both unmanned aircraft and electric vehicle charging technology, said Wednesday afternoon that it has named Wahid Nawabi as Senior Vice President and General Manager of its Efficient Energy Systems (EES) business. Nawabi has previously served at American Power Conversion. READ MORE>>.

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