UC Santa Barbara and six other universities announced the formation of the nonprofit organization Alliance for Southern California Innovation on June 22. Led by former California Insurance Commissioner Steve Poizner and a board of directors including UCSB physics professor and vice chancellor for research Joseph Incandela, the group will work to support tech entrepreneurs and Read More →
Camarillo-based Cool Planet Energy Systems, one of the fastest-rising startups in the region, may relocate its headquarters and build a factory in the Denver area. The company has designed a mechanical system that uses heat and pressure to turn feedstocks such as grass into gasoline-blendable fuels, generating a byproduct called biochar that can be used Read More →
Transphorm, the Goleta-based energy efficiency firm backed by $63 million from Google and other investors, has received a $3.6 million federal grant to improve solar panels. Transphorm’s technology uses a semiconducting material called gallium nitride to drastically reduce heat waste in electronic systems. The grant from the U.S. Department of Energy went to Transphorm in Read More →
Transphorm, an energy-efficiency-focused technology firm, recently secured $25 million in financing.