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Independent gas stations in Southern California may experience price spikes and even shortages this weekend as problems at several Golden State refineries culminate to produce a supply pinch. “My wholesale prices went from $3.98 a gallon to $5.08 a gallon, and we are now selling at $4.39 a gallon,” Sam Seng, owner of Fred’s Gas Read More →
Two tri-county technology firms garnered $58.5 million in venture capital in recent weeks, deepening the region’s reputation as a hidden gem for growth-capital investors seeking proven entrepreneurs. Transphorm, the Goleta-based company focused on energy efficiency in electronics, has raised $35 million from a group backed by the Japanese government, bringing its total investment raised to Read More →
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Transphorm, the Goleta-based company focused on energy efficiency in electronics, has raised $35 million from a group backed by the Japanese government and has secured a mass manufacturing agreement with a Japanese firm. The South Coast company, founded by UC Santa Barbara professor Umesh Mishra and longtime business partner Primit Parikh, has raised $104 million Read More →