With its proprietary low-light energy harvesting technology, Ambient Photonics is aiming to replace disposable batteries in devices such as remote controls, keyboards, mice and other connected devices.
Santa Cruz County business roundup
Posted inBusiness & Technology
Santa Cruz Works’ Doug Erickson on how region’s affordable housing crisis affects local tech economy
The tech sector has been hit hard the past few years, and analysts anticipate that tech layoffs in 2023 will exceed the number in 2022. While recession fears continue to reverberate within the larger tech ecosystem, at the local level we’ve seen some significant growth activity. In an interview with Lookout business columnist Jessica M. Pasko, Santa Cruz Works founder Doug Erickson discusses how the region’s affordable housing woes have affected the growth of the local tech industry — and why AI is about to upend everything.
Posted inBusiness & Technology
This week in Santa Cruz County business: Expansion ahead after Westside medtech firm raises millions
In her inaugural weekly roundup of news and notes from the Santa Cruz County business community, Jessica M. Pasko has the latest on startup Capstan Medical, job openings by sector, new board members for Visit Santa Cruz County and more.
Posted inBusiness & Technology
Santa Cruz medtech company Capstan Medical raises $31.4 million in new funding round, looks to local expansion
Capstan Medical, founded in 2020, is developing a minimally invasive technology to treat mitral and tricuspid valve disease. The Santa Cruz company recently raised $31.4 million in a Series B fundraising round led by Palo Alto-based venture capital firm Eclipse. The funding will help with hiring in four key areas — software and controls engineering, mechanical engineering, clinical and operations.