EDITOR’S NOTE: This article was updated Dec. 29 to include Keith Berman’s response to the allegations. Westlake Village-based Decision Diagnostics and its CEO, Keith Berman, face civil and criminal charges by federal agencies that accuse the company of falsely claiming it had developed technology that could almost instantly detect COVID-19 in a blood test. The Read More →
Westlake Village BioPartners has launched two new funds worth a total of $500 million, bringing the total raised by the firm to more than $820 million since it was founded in 2018.
For the past few years, GeoLinks’ goal as an internet service provider has been bringing connectivity to rural areas in California not prioritized by the bigger providers like Verizon or AT&T. It recently got a big boost in that effort in the form of a $234.9 million federal contract.
Westlake Village BioPartners, a venture capital firm focused on biotech startups in the Conejo Valley and the rest of greater Los Angeles, launched two new funds Dec. 15 worth a total of $500 million. The first fund is $70 million and will be used for Series B or later financing into companies that Westlake Village Read More →
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash.
GeoLinks, an internet service provider based in Camarillo, has won a bid worth $234.9 million from the federal government to bring high-speed broadband to underserved homes and businesses. According to a statement released Dec. 7 by GeoLinks, the contract comes from the Federal Communication Commission’s Rural Digital Opportunity Fund, which is spending up to $20.4 Read More →
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash. AeroVironment also released its second quarter 2021 earnings on Dec. 8, revealing an increase in revenue, but a 71% drop in earnings from the previous Read More →