Ray Karam is no stranger to the startup world, but his latest company — High Temperature Superconductors — is more than a startup, it is a true passion project that is beginning to make a big impact from its Santa Barbara headquarters. “It’s not as though I had to start another company. Financially, I could have retired,” Read More →
Shares of Thousand Oaks-based Amgen gained 12% on May 3, one day after the company disclosed its earnings for the first quarter of 2024 and highlighted the excitement around its weight-loss drug. During the company’s earnings call, Amgen CEO Bob Bradway commented on their obesity drug candidate, MariTide. He noted that while the company does Read More →
Female founders stood proudly in the spotlight on May 2 as two women-founded companies took first and second place at the seventh annual AngelCon Pitch Competition. Hosted by the Cal Poly Center for Innovation and Entrepreneurship Small Business Development Center, six teams competed at AngelCon, which raised a total of $215,000 from 21 investors. Nexstera Tech, a Read More →
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Sarah Pinner, one of the co-founders of Santa Barbara-based Beni, stepped down from her post as CEO of the company on April 12, citing personal health issues as the reason. In a LinkedIn post, Pinner noted that she was “simply no longer mentally or physically healthy enough to continue in this role.” “I can live Read More →