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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. in deals and 3.3

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Relativity Space Secures New HQ In Long Beach

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Los Angeles-based Relativity Space , which is venture backed by Bond, Tribe Capital, Playground Global, Y Combinator, Social Capital, Phillip Spector formerly of Intelsat, and Mark Cuban, says it has secured new headquarters space in Long Beach, where it will set up its business operations and manufacturing.

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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 report did not break down Southern California as a single region, but reported $4.408 billion invested across 386 so far in the Los Angeles-Long Beach MSA this year. READ MORE>>.

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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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Tesla Motors Bypasses Downey In Deal With Toyota

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In a loss for Southern California's burgeoning electric car industry, Tesla Motors said Thursday evening that it has selected not Downey or Long Beach, but instead, Silicon Valley city Fremont as the location of its manufacturing facility for its Model S sedans. READ MORE>>.

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Apriso Lands Cummins

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Long Beach-based Apriso said Monday that it has landed manufacturer Cummins Inc. Apriso's others customers include GM, Volvo, Honeywell, and others; the firm is venture backed by Brentwood Venture Capital, CMEA, LogiSpring, SAP Ventures, and WallStreet Technology Partners. as a customer. READ MORE>>.

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Homebuilder Pre-Wires SoCal Homes for Nissan Electric Cars

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Looking to capitalize on the interest in electric cars in Southern California, a homebuilder building eco-friendly, urban homes in the area said today that it is planning to pre-wire its homes for home-charging equipment for Nissan LEAF electric vehicle chargers.