Meet the Newest SoCal Venture Pipeline Startups From 2024
We’re thrilled to welcome the newest startups to the SoCal Venture Pipeline Program! Over the past six months, these innovative companies have been accepted into our program, and we couldn’t be more excited to support their growth as they tackle some of the world’s most pressing challenges with groundbreaking technologies. Let’s dive in and meet the incredible teams.
Mitico
Mitico offers state-of-the-art services and equipment to capture carbon dioxide (CO2). Their patent-pending granulated metal carbonate sorption technology (GMC), developed at Caltech, captures over 95% of CO2 emissions from post-combustion point sources, including gas-fired power plants and waste-to-energy facilities. They provide carbon capture, utilization, and storage (CCUS) as a low-cost service.
Industry: Carbon Recapture
Raising: Seed
HQ: Los Angeles
Accepted 8/30/24
Uvionix
Uvionix helps enterprises solve major supply chain logistics challenges using autonomous drones and AI. Their technology improves transparency in warehouses and retail stores by conducting automatic visual inventory audits and providing independently verified data.
Industry: AI and Flying Robots for Inventory Management
Raising: Seed
HQ: Irvine
Accepted 9/5/24
Launchpad
Launchpad is changing the game in assembly automation. By leveraging AI, they reduce the time, cost, and complexity of developing automation solutions, delivering these through their proprietary Digitool platform for global markets.
Industry: AI & Robotics for Design Automation
Raising: Series A
HQ: Irwindale
Accepted 9/6/24
Grid.aero
Grid.aero is a full-stack UAS startup developing vehicles and control systems for low-cost, heavy-lift, multi-role unmanned aerial systems (UAS). By eliminating the need for a human operator, they optimize aircraft design for autonomy, delivering reliable solutions at a reduced cost for both commercial and government applications.
Industry: Autonomous Cargo & Logistics for Military
Raising: Seed
HQ: Los Angeles
Accepted 9/19/24
ExPost Technology
ExPost Technology is redefining lithium battery recycling by transforming spent batteries and scrap materials into pristine battery components. Their innovative process minimizes environmental impact, conserves resources, and provides a sustainable alternative to traditional mining techniques.
Industry: Lithium Battery Recycling
Raising: Seed
HQ: San Diego
Accepted 10/15/24
Jellie AI
Jellie AI partners with recruiting agencies to parse unstructured data (like recruiter notes and interview recordings) using AI. Their growing database of recruiter-vetted candidates aims to replace LinkedIn Recruiter as the go-to platform for finding top talent.
Industry: AI for the Recruiting Industry
Raising: Seed
HQ: Burbank
Accepted 11/12/24
MESH
MESH offers compliance automation software for the mortgage loan servicing industry. Their AI tools ensure customer data aligns with federal and state regulations, paving the way for their end-to-end payments product launch in 2025.
Industry: AI for Mortgage Loan Servicing
Raising: Seed
HQ: Thousand Oaks
Accepted 11/12/24
Aureka Biotechnologies
Aureka Biotechnologies integrates high-throughput digital biology and AI for therapeutic discovery. Their platform addresses unmet medical needs while advancing the development of a general large language model for protein-protein interaction, poised to transform therapeutic design.
Industry: AI for Therapeutics
Raising: Series A
HQ: Laguna Hills
Accepted 12/12/24
Packsmith
Packsmith is an all-in-one e-commerce logistics platform tailored for brands. Their SaaS solution simplifies logistics management, helping businesses streamline operations and scale efficiently.
Industry: E-commerce Logistics SaaS
Raising: Series A
HQ: Santa Monica
Accepted 12/12/24
Renewell
Renewell is building the nation’s lowest-cost, highest GHG-abating energy storage network by repurposing legacy oil and gas infrastructure. Their innovative solutions are set to revolutionize energy storage and emissions reduction.
Industry: Energy Storage
Raising: Series A
HQ: Bakersfield
Accepted 12/12/24
PiLogic
PiLogic has built an inference engine that’s revolutionizing probabilistic modeling. Their approach is computationally efficient, doesn’t require enormous training datasets, and runs on standard hardware, making it a game-changer for aerospace engineering diagnostics and beyond.
Industry: AI for Aerospace Engineering Diagnostics
Raising: Seed
HQ: Playa Vista
Accepted 12/12/24
We’re so proud to welcome these companies into our program and can’t wait to see how they continue to innovate and grow. Stay tuned as they embark on their journeys to make a lasting impact in their respective industries!
#WelcomeToThePipeline
Plus, check out all of our 94 accepted startups enrolled in the program of which 31 have been funded or acquired.