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Santa Barbara-based Be Green Packaging , a designer of sustainable, compostable, and recyclable packaging for the consumer packaged goods market, has been acquired by private equity investor Riverside Company. begreen packaging cleantech recyclable riverside merger acquisition ecofriendly recycle compost' READ MORE>>.
Solar thermal power developer BrightSource Energy said Friday that it has applied for certification of a new project in Riverside County with the California Energy Commission, to develop three 250 megawatt solar thermal power plants on land owned by the Metropolitan Water District.
A trio of local groups have teamed together to promote innovation and entrepreneurship in Riverside County, and received approval Tuesday from the Riverside County Supervisors for the effort.
Santa Barbara-based Ice Energy , a developer of energy storage technology, reports that it has scored a win with Riverside Public Utilities. The company''s systems will be used to reduce peak energy usage for the City of Riverside. iceenergy energy cleantech power storage conditioning riverside' READ MORE>>.
TriTech Small Business Development Center (SBDC), which provides consulting and training to high tech entrepreneurs, and NASA Armstrong Flight Research Center , in Edwards, California, are in a new economic development, technology transfer, and research relationship, the two announced on Thursday. READ MORE>>.
Santa Barbara-based energy storage technology developer Ice Energy announced today that it is opening up a new, research and development center in Riverside, with plans to immediately hire 12 at the location. megawatt deployment the company has contracted with Southern California Edison (SCE).
Santa Monica-based SolarReserve , the developer of utility scale solar power projects, claims today that it is proceeding with purchases of long-lead materials and equipment on its Crescent Dunes and Rice Solar Energy projects.
The Clean Power Alliance, the local renewable power provider which serves a significant number of Southern California cities, has signed a deal with San Diego-based renewable power developer EDF Renewables North America for a 300 megawatt solar project coupled with a 600 MWh battery storage energy system, the two said this morning.
Thursday, November 17, 2011 -- Veterans Economic and Business Development Summit. The Riverside Community College District and the U.S. Department of Veterans Affairs is hosting the largest Southern California conference of its kind, designated to support Veteran-Owned and Service Disabled Veteran Owned and other Small Businesses.
Riverside, California- and Albuquerque, New Mexico-based TruTouch Technologies , which develops biometric, alcohol detection systems, said today that it has raised $4.3M in its Series B-1 funding round. The funding came from iTulip Community and Launchpad Venture Group.
Five, Southern California firms are among companies who are splitting up $62M in government funding for the research, development, and demonstration of concentrating solar power systems, according to an announcement by the U.S. for a new class of solar concentrators; and Riverside-based Terrafore receiving up to $1.4M
billion in loans for the Desert Sunlight project in Riverside County, and $1.93 The loans will go towards build out of those projects, all of which are being developed by solar panel maker First Solar. Energy Secretary Steven Chu this morning, will provide a $680 million loan guarantee to the Antelope Valley Solar Ranch 1 project, $1.88
SendGrid , the provider of email infrastructure for application developers which has operations in Anaheim, said today that it has launched on the new Windows Azure Store. SendGrid--whose three founders met at UC Riverside--handles transactional email delivery for application providers.
Indio, California-based Helicoid Idustries , a startup developing advanced composite materials for use in the wind turbine, aerospace, sporting goods, auto parts, defense, and industrial market, has raised $2.4M--the first part of what looks like an ongoing $5M investment round. Helicoid is a spinout of the University of California Riverside.
Irvine-based Axonics Modulation Technologies , which is developing medical devices for treatment of urinary and bowel dysfunction, said today that it has named Karen L. Noblett, M.D., as its Chief Medical Officer.
Riverside-based electronic components manufacturer and supplier Bourns has acquired Japanese company Komatsulite Mfg. a developer of safety devices for the rechargeable lithium-ion battery market, the company said Wednesday. Financial terms of the buy were not disclosed.
Mertado also has a deal with th Press Enterprise, the newspaper publisher for Riverside and San Bernardino County, where the Press Enterprise will develop a co-branded social shopping site with Mertado. READ MORE>>.
Irvine-based Integrien , a developer of IT performance analytics software, announced this morning that it has received another patent on its technology. Jeske is a Professor and Chairman of the Department of Statistics as UC Riverside. The patent is U.S. Marvasti and Daniel R. Jeske as inventors. Marvasti is Integrien's CTO.
Riverside-based FarmSense, a developer of "smart sensors" for the agriculture market, has raised $2.2M The agtech startup says it is developing a sensor which helps farmers identify harmful insects in their fields, in real time. in Small Business Innovation Research (SBIR) funding.
San Diego-based solar and clean energy project developer EDF Renewable Energy said Thursday that it has signed a 20-year power purchase agreement (PPA) to tap into a 186 megawatt power project being build in Riverside County. According to the company, the agreement is with non-profit public electricity provider MCE.
San Diego-based renewable energy developer EDF Renewables North America said on Wednesday that the company has closed on a strategic investment, where Munich Re will acquire a 50 percent stage in two, renewable energy projects in California. The renewable energy projects will be built in Riverside County, California.
Santa Monica-based SolarReserve , the well-backed developer of solar thermal power plant technology, reported today that Pacific Gas and Electric (PG&E) has received approval from the California Public Utilities Commission (CPUC), for the 25-year power purchase agreement announced last December by the firms.
Riverside, California-based WurkNow, a developer of a digital staffing and workforce management software product, has raised $10M in a Series A funding, according to the company. The company said the round was led by Newport Hayseed Group, which is based in Newport Beach. The company is led by CEO and co-founder Sammy Singh.
Local, Southern California cities have all submitted proposals, with one from the LAEDC which ties together nine cities in LA County hoping for the HQ; another proposal from San Diego from the San Diego Regional Economic Development Corp. ; READ MORE>>.
Los Angeles-based Water Planet , which develops water treatment membranes, said today that it has raised a new, Series B funding round. Water Planet is led by Eric Hoek, the former UCLA and UC Riverside professor who created the membrane technology behind another, water filtering membrane startup, NanoH2O, which is now part of LG.
Steve Poizner , the former California gubernatorial candidate and former founder of SnapTrack (which he sold to San Diego's Qualcomm), says he has created a new group called the Alliance for Southern California Innovation , which will focus on further developing Southern California's entrepreneurial ecosystem.
In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others.
Instead, we will focus on helping high potential start-up communities like DTLA and Riverside gain momentum, connecting the fourteen SoCal start-up communities into a vibrant network and working with top corporations like Edison and Kaiser get more integrated into the robust and diverse SoCal innovation ecosystem.
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