VC  Innovation Fund So Cal

http://www.innovationfundamerica.org/





     Office Locations:

4901 E. Carson St.
Long Beach, CA 90808

 

Stages:

  • Seed


 

Industries:

  • Energy & Clean Tech
  • Information Technology
  • Manufacturing & Industrial
  • Medical Device
  • Transportation & Distribution

  •  

    Description:

    Innovation Fund So Cal is modeled after the Innovation Fund at Lorain County Community College (LCCC). The Innovation Fund at LCCC has offered new and young firms pre-seed stage access to capital, intensive coaching and mentoring, and education and internship opportunities since 2007. The Innovation Fund has raised nearly $14 million and invested more than $7.5 million in more than 140 startups, which in turn, have generated more than $20 million in revenue, created more than 400 jobs, provided more than 165 paid internships, and raised more than $80 million in additional investments. Innovation Fund SoCal makes grants and loans to fund startup companies that commit to locating in the Los Angeles Basin. The fund focuses on entrepreneurs in the following areas: CleanTech, Bio Medical devices with an emphasis on products that have two to five year development lead times, and advanced manufacturing.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Southern California Database subscription.
    Jesse Torres Regional Director
    Sheneui Weber Executive Director

     

    Portfolio companies include:


      Engine Fitness


      Pick My Solar
        web link


      REVOterial
        web link


     

    Recent News: