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Riverside, California- and Albuquerque, New Mexico-based TruTouch Technologies , which develops biometric, alcohol detection systems, said today that it has raised $4.3M The funding came from iTulip Community and Launchpad Venture Group. in its Series B-1 funding round. TruTouch is led by Richard D. READ MORE>>.
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.
Riverside-based FarmSense, a developer of "smart sensors" for the agriculture market, has raised $2.2M in Small Business Innovation Research (SBIR) funding. According to the company, the funding will go to ongoing biosecurity research, including the impact of Japanese Beetles and Gypsy Moths as invasive species.
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. READ MORE>>.
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