As the VC firm nears the closing of its $200 million fund, the addition of Beau Spradling as CFO and the establishment of a permanent headquarters at Old Parkland will bolster the firm for its next phase of growth as it prepares for future funds, Balerion said.
Phil Scully, co-founder and general partner at Balerion, said L.A.-based Machina Labs "is building the manufacturing backbone" for modern defense systems, which "are often limited not by design, but by how fast they can be manufactured."
Balerion is investing in Antares Industries, Samara Aerospace, and Valar Atomics. Balerion Co-Founder Phil Scully says companies like these are "laying the manufacturing groundwork for the next Industrial Revolution" and "building the foundational systems that will power the next trillion-dollar economy."
Bedford-based Nanoscope Instruments Inc. received a patent for a system that measures how much usable vision a patient has left by tracking how they move through a space and handle objects....
Bedford-based Nanoscope Instruments Inc. received a patent for a system that measures how much usable vision a patient has left by tracking how they move through a space and handle objects....