New funding round values Apeel Sciences at $2B
By Jorge Mercado / Friday, September 24th, 2021 / Agribusiness, Latest news, middle, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy / Comments Off on New funding round values Apeel Sciences at $2B
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Procore makes its biggest acquisition yet
By Jorge Mercado / Thursday, September 23rd, 2021 / Banking & Finance, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Procore makes its biggest acquisition yet
Procore Technologies announced its first acquisition since going public in May, and it’s the largest one in company history. The Carpinteria-based construction software company said on Sept. 22 that it is purchasing Levelset, a New Orleans-based construction software company, for $500 million: $425 million in cash and $75 million in the form of Procore common Read More →
Paso’s Pearce Services continues acquisition spree
By Staff Report / Monday, September 20th, 2021 / Central Coast, Energy, Green Coast, Latest news, Technology, Tri-County Economy / Comments Off on Paso’s Pearce Services continues acquisition spree
Pearce Renewables, a Paso Robles-based operator of renewable energy structures, announced Sept. 16 that it has acquired Mountain Renewables, a provider of technical field services for wind energy and utility-scale solar. Pearce Renewables is a subsidiary of Pearce Services, a Paso Robles company that services infrastructure in the telecommunications, railroad, energy and utility industries. It Read More →
Paso Robles gets $2.8M federal grant for broadband
By Staff Report / Thursday, September 16th, 2021 / Central Coast, Government, Latest news, Technology, Top Stories, Tri-County Economy / Comments Off on Paso Robles gets $2.8M federal grant for broadband
The United States Department of Commerce announced Sept. 16 that it will award the city of Paso Robles $2.8 million to expand broadband access and reliability in the city. The money comes from the Department of Commerce’s Economic Development Administration, and will be matched with $707,489 in local funds, according to a news release from Read More →
State thinks solar-cell windows are the Next big thing
By Jorge Mercado / Friday, September 10th, 2021 / Energy, Green Coast, Latest news, Small Business, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy / Comments Off on State thinks solar-cell windows are the Next big thing
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Paso Robles pursues spaceport designation for its airport
By Jorge Mercado / Friday, September 10th, 2021 / Central Coast, Government, Latest news, middle, Subscriber content, Technology, Top Stories, Tri-County Economy / Comments Off on Paso Robles pursues spaceport designation for its airport
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Energy Vault to go public in SPAC deal
By Jorge Mercado / Thursday, September 9th, 2021 / Banking & Finance, East Ventura County, Energy, Green Coast, Latest news, left, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Energy Vault to go public in SPAC deal
Westlake Village-based Energy Vault will go public after entering into an agreement with the special purpose acquisition company Norvus Capital Corp., in a deal worth up to $388 million. The combined company will have an enterprise value of about $1.1 billion once the deal is complete, according to a Sept. 9 news release from Energy Read More →