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Los Angeles tech firm Quilter, which uses physics-driven AI for fully autonomous printed circuit board (PCB) layout, raised $25 million in a Series B round led by Index Ventures to accelerate its adoption by aerospace, defense, and consumer electronics companies.
TrueCar founder Scott Painter is set to take the publicly-traded automotive firm private in a $260 million acquisition, with a cash consideration of $2.55 per share, expecting to close the deal by early 2026.
Sonnenblick-Eichner Company arranged $50 million in fixed-rate, non-recourse leasehold financing for the Hotel Valencia Santana Row in San Jose, securing the five-year loan from an international money center commercial bank.
Long Beach’s Odys Aviation, a hybrid-electric vertical take-off and landing aircraft company, closed a $26 million Series A round to accelerate full-scale flight testing and prepare for its international global launch operations in Q1 2026.
Del Taco Holdings, a restaurant chain owned by Jack in the Box Inc., is set to be acquired by Yadav Enterprises Inc. for $115 million in a deal expected to close by January 2026.
Vroman’s Bookstore in Pasadena sold its 55,854-square-foot site for $15.5 million to GD Realty Group, despite the 130-year-old independent business intending to remain open amid the owner’s retirement plans.
A continued focus on healthcare facility construction and expansion bolsters CRE projects in O.C., L.A. and Inland Empire
L.A.-based Exploding Kittens and founder Elan Lee add a big dose of “fun” into “fundamentally changing a business model”
Los Angeles-based liver health supplement brand The Plug Drink raises $5M to expand nationwide and accelerate growth.
Mercer Global Advisors has acquired Los Angeles-based Singer Burke, a leading wealth, tax and business management firm serving media and entertainment professionals, expanding Mercer’s ultra-high-net-worth and creative client practices nationwide.
