Latest
By Jorge Mercado / Friday, December 18th, 2020 / Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy / Comments Off on ‘Golden age of biotechnology’ comes to Conejo Valley
Westlake 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.
Latest
By Jorge Mercado / Friday, December 18th, 2020 / Latest news, Small Business, Subscriber content, Technology, Tri-County Economy, West Ventura County / Comments Off on GeoLinks wins federal broadband contract, plans ‘massive growth’
For 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.
Latest
By Tony Biasotti / Tuesday, December 15th, 2020 / East Ventura County, Health Care & Life Science, Latest news, Small Business, Startups, Technology, Top Stories, Tri-County Economy / Comments Off on Westlake Village BioPartners puts $500 million into new venture funds
Westlake Village BioPartners, a venture capital firm focused on biotech startups in the Conejo Valley and the rest of greater Los Angeles, launched two new funds Dec. 15 worth a total of $500 million. The first fund is $70 million and will be used for Series B or later financing into companies that Westlake Village Read More →
Latest
By Jorge Mercado / Friday, December 11th, 2020 / Banking & Finance, Earnings, East Ventura County, Latest news, Subscriber content, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment expands into ground robotics with German acquisition
AeroVironment, 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.
Latest
By Jorge Mercado / Thursday, December 10th, 2020 / Latest news, Small Business, Technology, Tri-County Economy, West Ventura County / Comments Off on GeoLinks wins $235M federal broadband contract
GeoLinks, 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 →
Latest
By Jorge Mercado / Tuesday, December 8th, 2020 / Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on Simi Valley’s AeroVironment buys German robotics firm for $45M
AeroVironment, 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. AeroVironment also released its second quarter 2021 earnings on Dec. 8, revealing an increase in revenue, but a 71% drop in earnings from the previous Read More →
Latest
By Jorge Mercado / Monday, December 7th, 2020 / Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on MannKind makes $12.5M pharma buy
MannKind Corp., a biotech company based in Westlake Village, announced Dec. 7 that it has acquired a QrumPharma, a privately held biotech company, in a $12.5 million deal. MannKind has purchased all outstanding capital stock of QrumPharma for $3.5 million in cash and just over 3 million shares of MannKind common stock. At MannKind’s stock Read More →