Amgen invests $100M in startup pursuing brain treatments
An Amgen-funded biotech company launched Oct. 7, announcing a strategic partnership between the two companies that includes $100 million in funding and global rights to develop and sell some of Amgen’s experimental drugs for neurodegenerative diseases. Thousand Oaks-based Amgen, one of the largest biotech companies in the world, committed $100 million in equity investment to Read More →
Tech Briefcase: Interlink expands in Scotland; Arcutis gets patent; Marcus & Millichap hacked
Interlink Electronics, an Irvine-based sensor manufacturer with its research and development hub in Camarillo, announced Sept. 23 that it plans to expand its European presence with a new engineering team in Scotland. The new team will start with five engineers and will be located near the University of Strathclyde in Glasgow. To support the group, Read More →
Two Central Coast marketing companies rake in 8-figure financing deals
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Former Mindbody CEO Rick Stollmeyer’s next big thing is a drone company
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New funding round values Apeel Sciences at $2B
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Procore makes its biggest acquisition yet
Procore Technologies announced its first acquisition since going public in May, and it’s the largest one in company history. The Carpinteria-based construction software company said on Sept. 22 that it is purchasing Levelset, a New Orleans-based construction software company, for $500 million: $425 million in cash and $75 million in the form of Procore common Read More →
Paso’s Pearce Services continues acquisition spree
Pearce Renewables, a Paso Robles-based operator of renewable energy structures, announced Sept. 16 that it has acquired Mountain Renewables, a provider of technical field services for wind energy and utility-scale solar. Pearce Renewables is a subsidiary of Pearce Services, a Paso Robles company that services infrastructure in the telecommunications, railroad, energy and utility industries. It Read More →
