Cal-X Stars Accelerator Seeks $15M

Santa Monica-based life sciences accelerator Cal-X Stars Business Accelerator said this morning that it is in an effort to raised $15M in funding for the accelerator, via a number of crowdsourcing sites. The accelerator--backed by Leonhardt Ventures--says it focuses on startups in the cardiovascular and social good areas. The firm has retained Merriman Capital to assist it in the offering. Leonhardt Ventures launched the accelerator in Santa Monica earlier this year.