‘Golden age of biotechnology’ comes to Conejo Valley
Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, Startups, Subscriber content, Technology, Top Stories, Tri-County EconomyWestlake 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.
Hemp growers hope for comeback as Ventura County loosens buffer rules
Agribusiness, East Ventura County, Latest news, Subscriber content, Top Stories, Tri-County Economy, West Ventura CountyThe Ventura County Board of Supervisors voted Dec. 15 to adopt new regulations on industrial hemp. Growers are hoping this will help reverse the decline of a crop that lost more than 90% of its Ventura County acreage from 2019 to 2020.
GeoLinks wins federal broadband contract, plans ‘massive growth’
Latest news, Small Business, Subscriber content, Technology, Tri-County Economy, West Ventura CountyFor 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.
Two Central Coast economic development nonprofits to merge
Central Coast, Latest news, Nonprofits, Tri-County EconomyThe economic development groups Reach and the San Luis Obispo Economic Vitality Corporation announced a merger on Dec. 17, one that will bring the EVC under the Reach banner in a combined effort to improve the economies of San Luis Obispo County and northern Santa Barbara County. The boards of both Reach and the EVC Read More →
AeroVironment expands into ground robotics with German acquisition
Banking & Finance, Earnings, East Ventura County, Latest news, Subscriber content, Technology, Tri-County Economy, Tri-County Public CompaniesAeroVironment, 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.
Pandemic shutdowns put crimp in Figueroa Mountain’s bankruptcy plan
Latest news, Law & Goverment, Small Business, Subscriber contentIn the two months since it filed for bankruptcy, Figueroa Mountain Brewing Co., the region’s second largest craft brewer, has been both battling and working with its largest creditor, the Boston private equity firm White Winston.
GeoLinks wins $235M federal broadband contract
Latest news, Small Business, Technology, Tri-County Economy, West Ventura CountyGeoLinks, 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 →
