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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.
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>>.
Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The company says it has now raised $30M in total, including an earlier, $12M seed funding last year.
Monrovia, California-based Xencor , a biopharmaceutical company which develops engineered monoclonal antibodies for the treatment of cancer and autoimmune disease, says it is extending a license for its technology to Vir Biotechnology , in use in developing antibodies to treat COVID-19, the disease cased by the novel coronavirus SARS-CoV-2.
However, two, Southern California firms drove the inclusion of two other, venture capital investors on the list--Miachel Moritz of Sequoia Capital (for his investment in Monrovia-based Green Dot ), and Byron Deeter of Bessemer Venture Partners (for his investment in Los Angeles-based Cornerstone OnDemand ). READ MORE>>.
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.
The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.
Monrovia, California-based Parasoft , which develops software testing tools, said today that it has linked with Electric Cloud , a provider of cloud-based software testing services, to integrate their technologies.
Monrovia, California-based Xencor has set the initial offering price for its IPO, saying in a filing Thursday morning that it will offer up 10,700,000 shares of its common stock at $7.00 The company develops biopharmaceuticals technology. The company plans to trade on the NASDAQ Global Market as XNCR. and $16.00 and $16.00 READ MORE>>.
Monrovia-based AeroVironment , the developer of unmanned aerial vehicles and electric vehicle charging technology, said today that it has received a $4.9M order from the Norwegian Defence Logistics Organisation.
Monrovia-baesd Tanner EDA , the developer of mixed signal electronic design automation software, said today that it has expanded its presence in the Chinese market, and has signed up a new sales and support partner. Tanner said that it has appointed NewPlus Systems and Technologies Ltd.
Monrovia-based Ondax , a developer of optical filters and laser sources based on research out of the California Institute of Technology, has raised $2M in a Series E investment. According to the Pasadena Angels, one of the investors in the firm, the round also included the Tech Coast Angels and un-named venture capital firms.
Monrovia, California-based Aerovironment , the developer of unmanned aircraft systems, said this morning that it is making an investment in a Swedish developer of vertical takeoff and landing (VTOL) systems. The move comes as part of an effort to provide VTOL unmanned aircraft systems to Aerovironment's customers. READ MORE>>.
Monrovia-based Aerovironment , which develops both unmanned aerial vehicles and electric transportation and other energy products, announced today that it has named Joel Hirsch as Vice President of Strategic Operations at the firm. The firm said that Hirsch will consolidate and streamline procurement across the enterprise.
Monrovia-based Soliant Energy , a developer of concentrated solar energy systems, announced this morning that it has added Ben Jamison as the firm's new Vice President of Marketing. Solus Micro Technologies and NEC Technologies.
Monrovia-based Green Dot , the provider of prepaid debit card products, reports today that it has completed its acquisition of Mountain View-based mobile social networking developer Loopt. The deal was worth approximately $43M in cash. Green Dot had announced the acquisition in March. READ MORE>>.
Monrovia-based biopharmaceuticals developer Xencor reports this morning that it has received a milestone payment from Merck, for the initiation of a Phase 1 clinical trail which uses its antibody engineering technology. Size of that milestone payment was not announced. READ MORE>>.
Monrovia-based Xencor , the developer of biopharmaceutical technology headed by Bassill Dahiyat, delayed its IPO Friday, citing poor market conditions for the offering. The company had hoped to IPO on the NASDAQ Global Market. The company is backed by MedImmune Ventures, HealthCare Ventures, and others.
Monrovia-based CODA Energy , the battery developing spinout from CODA Automotive, said this morning that it has scored an energy storage win in the San Francisco Bay Area. CODA is developing battery technology for use both in electric cars (EVs) and in energy storage applications. Financial details of the win were not announced.
Monrovia-based AeroVironment , the developer of unmanned aerial vehicles and electric vehicle charging technology, has scored an electric vehicle charging win with a Kansas based manufacturer. According to Milbank Manufacturing Co. based in Kansas, it has selected AeroVironment to provide charging stations to its customers.
Monrovia-based Ondax , which develops laser products and holographic gratings used in defense, industrial, medical diagnostics, analytical instrumentation, and consumer electronics markets, has added Andrea Belz to its board, the firm said Monday. Ondax is a spinoff of the California institute of Technology, and is headed by Randy Heyler.
Monrovia, California-based Green Dot , the prepaid debit card provider headed by Steve Streit, said this morning that it has acquired Silicon Valley mobile social networking firm Loopt. in cash for Loopt, which will become its Silicon Valley hub for its mobile technology and product development team. Green Dot said it will pay $43.4M
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.
Monrovia, California-based Aerovironment , a major developer of unmanned aerial vehicles (UAVs) and drones for the military, said it has inked a deal with General Dynamic Land Systems (GD), to integrate the company's unmanned aircraft and tactical missle systems with armored combat vehicles. Army Next Generation Combat Vehicle (NGCV) and U.S.
Los Angeles-based CODA Holdings , the developer of electric vehicles, announced this morning that it has acquired Monrovia-based EnergyCS , a developer of battery management systems. Financial terms of the acquisition were not announced.
Monrovia-based Xencor , a developer of antibody engineering technology, reported today that the firm has received a milestone payment from Pfizer, as part of the firm's antibody technology license agreement with Pfizer. Amount of the payment was not disclosed. READ MORE>>.
Monrovia, California-based Xencor , the biopharmaceuticals technology developer headed by Bassil Dahiyat, has set its IPO pricing range, saying today in a regulatory filing that it is expecting to price its IPO at between $14.00 and $16.00 The company is looking to trade as XNCR on the NASDAQ Global Market.
Monrovia-based AeroVironment , a developer of unamnned aerial vehicles and energy products, said late Friday that it has named Tom Herring as its Senior Vice President and General Manager of its Unmanned Aircraft Systems (UAS) businesss, and also named John Grabowsky as its Chief Technology Officer.
Monrovia, California-based electric vehicle charging developer Aerovironment has added a big new customer for its charging station installation service today: Ford Motor Company. The company said that recharging a Focus Electric takes less than 4 hours, compared to 18 to 20 hours for a full recharge via a standard, 120-volt wall outlet.
Forbes Magazine has just published its annual Midas List , its annual ranking of the top 100 venture capitalists, and -- despite a record number of IPOs and exits last year from southern California technology companies -- Southern California's venture capital community was shut out of the list entirely.
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.
Monrovia, California-based Green Dot , the provider of prepaid credit cards, said this week that the firm''s CFO, John Keatley, will be leaving the firm in September. According to Green Dot, Keatley will be relocating his family to Sweden, his wife''s original home, where he will become CFO of a Stockholm-based technology company.
Monrovia-based Xencor , the developer of antibody technology which is headed by Dr. Bassil Dahiyat, said today that it has received a second, milestone payment from Boehringer Ingelheim. Financial details and amount of the payment were not disclosed.
Monrovia-based Xencor , a developer of antibody discovery technology, said this morning that it has named Edgardo Baracchini , Ph.D., as Chief Business Officer at the company. Baracchini joins the firm from Metabasis Therapeutics , where he was Senior Vice President of Business Development.
The move is an interesting one, given the number of Southern California technology companies trying to go the other direction, and to hit the public markets.
Monrovia-based Tanner EDA , a developer of analog and mixed-signal integrated circuit design software, said this week that it has expanded its efforts in Asia, and has signed up Advinno Technologies Pte. Ltd to represent the firm in Southeast Asia.
Monrovia-based Tanner Research has received a $1.2M Tanner said the funding is part of the firm's development of technology to intercept rocket, artillery, and mortar threats for ARDEC. Tanner said the funding is part of the firm's development of technology to intercept rocket, artillery, and mortar threats for ARDEC.
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. The company said the new product implements a new sophisticated charge algorithm, battery thermal management, and anti-arc technology. READ MORE>>.
Monrovia-based Tanner Research , which provides technology research, electronic design automation (EDA) software, and other products and services, said Tuesday that it has been awarded a SBIR Phase I contract worth $100,000 from the Army Research Office.
Southern California appears to be on a IPO roll this month, with the pricing of Monrovia-based Green Dot 's IPO last night and expected trading today, following the successful IPO of Beverly Hills-based RealD last Friday.
Monrovia-based Ondax , a manufacturer of holographic filters and semiconductor lasers for the industrial, defense, scientific and medical markets, announced this week that it has named Randy Heyler as its President and CEO. Moser is a native of Switzerland, and will remain as Chief Technology Officer at the firm.
Monrovia-based biopharmaceuticals technology developer Xencor has received $120M in an upfront payment from Genentech this morning--and up to another $180M in development milestones--as part of a new deal to commercialize an immune activating cytokine based on Xencor's technology. READ MORE>>.
On the automobile side, there are at least six Southern California companies also working on their own, electric or other alternative vehicles, competing against Tesla and the traditional carmakers.
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. Size of the funding was not announced.
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