Freedom Designs to shut down Simi location, lay off 70 employees
Freedom Designs, a medical supply store with a location in Simi Valley, will be shuttering its doors by June 1, 2026. In a filing with the state’s Worker Adjustment and Retraining Notification, Freedom Designs said it will be closing its operation at 2241 Madera Rd. on or around June 2026 and laying off 70 employees Read More →
WEV expanded support for women entrepreneurs in 2024
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Funding success: Santa Barbara Venture Partners closes $25M fund
Local venture capital firm Santa Barbara Venture Partners had a solid run with its first fund. According to the firm, its first fund saw some investments pay off, with huge increases in valuation and even a handful of exits. Thanks to that success, Santa Barbara Venture Partners was also able to recently announce the closing Read More →
MannKind inks $500M financing agreement with Blackstone
Westlake Village-based MannKind Corporation is receiving some extra help to advance some of its short and long-term growth strategies. Announced Aug. 6, MannKind, a biotech company focused on inhaled therapeutic products, entered into a financing agreement worth up to $500 million with Blackstone, the world’s largest alternative asset manager, with more than $1 trillion in Read More →
Good works: Santa Ynez Chumash, local nonprofit, team up to renovate tennis & pickleball courts
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State Street revitalization picks up speed
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Amgen earnings strong, stock dips as investors await MariTide news
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