SAN FERNANDO VALLEY
Chin Up: Kythera Biopharmaceuticals Inc., a Calabasas developer of aesthetic medical products, has raised $37.4 million in Series D funding. The round, which brought the total raised to $108 million, included new investors Milwaukee’s Foley & Lardner LLP and New York’s Latham & Watkins LP. Kythera plans to use the money to conduct late-stage clinical studies for its lead drug candidate, ATX-101, a first-in-class injectable treatment to reduce chin fat.
Taking Off: Pratt & Whitney Rocketdyne, a Canoga Park aerospace company, has been selected by NASA to supply the main and upper-stage engines for a new rocket proposed by the agency to take humans on deep space missions. Pratt & Whitney will develop, manufacture and test the main and the upper-stage engines. NASA anticipates a first mission for the rocket at the end of 2017. Financial terms of the deal were not disclosed.
Bigger HQ: H2scan Corp., a maker of hydrogen-leak detection and process-gas measurement equipment for industrial markets, has moved its headquarters and operations to a larger Valencia facility. The new building, at 27215 Turnberry Lane, has almost five times the space of its former location.
Wheeled In: Spokes Indoor Cycling, an indoor exercise studio, has opened in Santa Clarita. The studio, at 26635 Valley Center Drive, was co-founded by Debbie Childs, Bridgette Strong and Leigh Moore.
New Look: Apex Wine Cellars and Saunas, a Rancho Dominguez maker of wine cellars, saunas and steam rooms, among other products, has revamped its website, ApexWineRacks.com. The new site will allow customers to check out all of the businesses products, including wine cabinets, cooling systems, wine cellars and racks, and sauna and steam products.
Non-Profit Grant: Strive, a Watts educational non-profit, has received a $50,000 grant from New York-based HSBC Bank. Strive will use the money to support its after-school arts and academic education programs.