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Los Angeles Cleantech Incubator Gets $200,000 Grant, Eyes Investment Fund

socalTECH

The incubator effort looking to make Los Angeles a key part of the clean technology industry, the Los Angeles Cleantech Incubator (LACI) , announced this morning that it has received a $200,000 grant from the JPMorgan Chase Foundation, to help advance its program--and may even start its own investment fund. READ MORE>>.

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Tech Coast Angels Invests $4.5M In First Half Of 2012

socalTECH

The Tech Coast Angels said today that it has totalled up its investments for the first half of 2012, and found that it invested $4,571,000 in direct investments--as part of $10M in funding--for 17 companies. The group said that investments were fairly consistent compared with the same period in 2011, when it invested $4.4M

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Interview with Kevin Hell, EvoNexus

socalTECH

A couple of weeks ago, twelve companies moved into the new downtown San Diego, EvoNexus incubator--which is run by CommNexus. Kevin Hell: What makes EvoNexus unique, is that it is--as far as we know--the only completely free, no-strings-attached incubator in the nation. Once they pass that, they get into the incubator.

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Avalon Ventures Backs LoopIt

socalTECH

San Diego-based venture investment fund Avalon Ventures has made a seed investment in a developer of a social shopping service, LoopIt , according to the companies. and is a spinout of Redstar Ventures, a venture incubator firm in Cambridge. Avalon's Rich Levandov was involved in the investment. READ MORE>>.

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TechStar Co-Founder @BFeld: Are We Experiencing A Startup Accelerator Bubble?

InfoChachkie

In the past year, the number of startup accelerators and incubators across the US has grown faster than expansion league baseball. By mid-2011 he noted, “As seed accelerators have exploded in number world-wide, it’s become nearly impossible to keep this (Google Doc) working.”

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Idealab's GoPollGo Acquired By Yahoo

socalTECH

Idealab made its investment in GoPollGo back in June of 2011, one of a series of Twitter-related investments by the startup incubator during that time frame. GoPollGo had been started by Ben Schaechter, Sam Grossberg, and Paul Kompfner, and was based in Palo Alto. READ MORE>>.

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Zuma Ventures: Creating A New Technology Startup Model

socalTECH

How is this different than accelerator or incubator? David Carter: There is a lot of misunderstanding on what an incubator is, and what an accelerator is. When I was at Amplify, we had a lot of people wondering what an accelerator was, and how we differentiated from an incubator. David Carter: I started out as an engineer.

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