March 25th, 2010
Xconomy: San Diego-based Genomatica is announcing today it has raised $15 million in a Series C venture round led by a new investor, TPG Biotech, to build a demonstration plant to make a common industrial chemical through a renewable technique, and to develop a bigger pipeline of other petrochemical alternatives.
March 25th, 2010,
Cleantech Group: $15M initial Series C round is expected to help the California firm produce 1 ton of 1,4-butanediol per day, though it is keeping quiet about new products and partnerships.
Gov. Schwarzenegger Signs Legislation for Green Tech Manufacturing Equipment Sales Tax Exemption to Create Jobs
March 24th, 2010
Office of the Governor: Building on his commitment to clean technology growth in California, Governor Arnold Schwarzenegger today signed SB 71 by Senator Alex Padilla (D-Pacoima) to create a sales tax exemption for the purchase of green tech manufacturing equipment in California.
March 12th, 2010,
Kauffman Foundation: For the first time, the entrepreneurial performance of postdoctoral researchers in the scientific community is being formally honored and celebrated. Dr. Stephen W. Turner, chief technology officer of Pacific Biosciences, has been named the 2010 Ewing Marion Kauffman Foundation Outstanding Postdoctoral Entrepreneur, and Dr. Antonio R. Webb, co-founder, senior scientist, and lead development engineer of VesselTek, has been named the 2010 Ewing Marion Kauffman Foundation Emerging Postdoctoral Entrepreneur. Dr. Turner received a $10,000 honorarium, and Dr. Webb received a $2,500 honorarium.
March 11th, 2010
Science Business: Helmut Schuhsler, head of the life sciences group at Munich-based TVM Capital, believes personalised medicine is the future.
March 10th, 2010
Tech Crunch: Today during a panel on disruptive game platforms at GDC's GamesBeat, a panel of gaming execs took the stage to talk about the current situation in gaming.
March 10th, 2010,
Earth2Tech: Seawater: It offered the Ancient Mariner not a drop to drink, but plenty of scientists and entrepreneurs have ideas for how to use the salty stuff for green technologies.
March 9th, 2010
Wall Street Journal Video: Pacific Biosciences is working on a DNA sequencing process that it says will allow a person's genome to be sequenced in under an hour for less than $100 making a future of personally tailored genetic medicine more feasible.
March 9th, 2010,
Wall Street Journal: Venture capitalists, the investors who supply start-up money to promising young companies, are always looking for the next big thing - whether it's a hot new gadget, game or medical breakthrough.
March 9th, 2010
Wall Street Journal: The rankings were calculated based on how each company scored in the following components: the track record of success for the venture-capital investors who sit on the company's board (Board Ranking); the amount of capital raised by the company over the last three years, in comparison to its peers (Total Equity Ranking); the track record of success for the company's founders and chief executive (Executive Ranking); and the recent growth in the value of the company (Valuation Ranking).