Santa Barbara semiconductor firm raises $11.5M
Santa Barbara-based Quintessent, a semiconductor company that specializes in heterogeneous silicon photonics and quantum dot laser technology, announced it raised $11.5 million in an oversubscribed funding round, it said in a March 14 press release. The round was led by Osage University Partners along with new investors including M Ventures. Santa Barbara-based Entrada Ventures also Read More →
Nuclear AI firm emerges from stealth in SLO
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Santa Barbara firm’s study details benefits, challenges of AI cybersecurity
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MannKind caps off record year with Q4 earnings beat
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Inogen closes out rough year with decreasing revenue
Goleta-based Inogen saw shares dip nearly 20% in after-hours trading Feb. 27 after the company missed analyst expectations in the fourth quarter and had an overall rough year in fiscal year 2023. Inogen, a maker of portable oxygen containers, announced on Feb. 23 after the markets closed that fourth quarter total revenue was $75.9 million, down Read More →
Updated: Thousand Oaks biotech firm emerges from stealth with $135M in funding
Editor’s note: This story was updated on Feb. 23 to include more info about the company’s lead treatment. Latigo Biotherapeutics, a Thousand Oaks-based biotech firm that was originally founded by Westlake Village BioPartners, emerged from stealth mode on Feb. 14, announcing $135 million in Series A financing. Latigo is a clinical-stage biotechnology company looking to Read More →