In the region and the nation, women get a tiny share of venture capital dollars
When Haley Pavone, the founder of San Luis Obispo-based Pashion Footwear, pitches to investors, hoping to gain new capital to scale her already successful business, she usually has one obstacle: convincing men to see the same need in the market she sees. Pashion Footwear makes convertible heels — shoes with removable heels so they can Read More →
Real Estate: Loan secured for farmworker housing in Somis
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Judge approves $230M settlement in Refugio oil spill lawsuit
A federal judge has given final approval of a $230 million settlement for property owners and fishers damaged when Houston-based oil company Plains All American Pipeline’s pipe ruptured in 2015 and oil spilled near the Gaviota coast in Santa Barbara County. Federal District Court Judge Philip S. Gutierrez on Sept. 20 granted final approval of Read More →
Briq builds a software powerhouse in Santa Barbara
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Region’s farmers leave more land unfarmed as drought deepens
Cilantro isn’t a huge moneymaker for Will Terry, the vice president at Terry Farms in Ventura County, but it is a quick crop that he can grow in the summer months and turn a small profit on. But, due to the ongoing drought exacerbated by limited groundwater allocation rights, growers like Terry have to make Read More →
UCSB marine science programs get $60M Benioff gift
Salesforce CEO Marc Benioff and his wife, Lynne Benioff, have donated $60 million to UC Santa Barbara’s marine science programs. The gift is “one of the largest known gifts anywhere to support ocean research,” UCSB said in its Sept. 21 announcement, and will result in the university’s Marine Biotechnology Lab being renamed for the Benioffs. Read More →
Kate Farms closes $75M venture capital round as it prepares to open Goleta facility
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