LaunchPoint closes second seed round
LaunchPoint Electric Propulsion Solutions, a Goleta company that makes electric engines and other components for the aerospace industry, has closed a fully subscribed second round of seed funding, the company announced Aug. 2. LaunchPoint did not disclosed details of the funding round, including the amount raised and the major investors. LaunchPoint was founded in 2018, Read More →
Funds to widen more highway in Santa Barbara County included in House bill; Ventura County project still waiting
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Deckers shares up as strong showing by Hoka drives revenue growth in Q1
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Santa Barbara County business owners bend Carbajal’s ear on inflation, economy
With rising prices and subsequent disruptions brought on by the COVID-19 pandemic, businesses in the Tri-Counties are facing a tsunami of challenges. U.S. Rep. Salud Carbajal, D-Santa Barbara, hosted in-person roundtables with business owners and chamber of commerce leaders in San Luis Obispo on July 22 and in Santa Barbara on July 25, to discuss Read More →
Updated: Santa Barbara private equity firm buys Chartbeat, leader in media analytics
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American Riviera Bank reports income drop due to end of PPP program
Santa Barbara-based American Riviera Bank reported July 21 that its net income in the first half of 2022 shrank to $5.7 million, compared with $6.1 million in the same period a year earlier. For the second quarter, which ended June 30, American Riviera reported unaudited net income of $2.5 million, or 49 cents per share, Read More →
Despite pro-housing laws, shortages persist in region and statewide
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