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University of California Plans $250M Venture Capital Fund

socalTECH

Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital. The fund would seek to invest in companies started on campus, from University research, and from students. READ MORE>>.

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On Funding?—?The Denominator Effect

Both Sides of the Table

On Funding?—?The The Denominator Effect I recently wrote a post about funding for investors to think about having a diversified portfolio , which I called “shots on goal.” If you funded 30–40 deals perhaps just 1 or 2 would drive the lion’s shares of returns. This is Venture Capital. Venture is a numbers game.

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UCSD Spinout Antiva Biosciences Gets $22M

socalTECH

San Diego biopharmaceuticals spinout targeting treatments for pre-cancerous lesions caused by human papilloma virus (HPV) infection, said it has raised $22M in a Series C funding. Vinzenz Ploerer of Brace Pharma has joined the company's board with the new funding. READ MORE>>.

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UC San Diego Spinout Gets $15M From Bill Gates

socalTECH

A startup which is based on research conducted at the University of California, San Diego has scored $15M in a Series A funding. Echodyne said it is developing radar products developed on metamaterials technology invented through a collaboration with Intellectual Ventures, Duke University and the University of California at San Diego.

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Comhear Collects $12M

socalTECH

San Diego-based Comhear , a developer of immersive, 3D audio software, announced on Monday that it has raised $12M in a Series A funding. The company said its technology is based on research from the University of California San Diego (UCSD). Comhear develops audio enhancing software. READ MORE>>.

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Tortuga Logic, Co-Founded By UCSD, UCSB Profs, Raises $2M For Hardware Security

socalTECH

Tortuga Logic , a new startup focused on chip-level cybersecurity technology whose founders include professors from UC San Diego and UC Santa Barbara, has raised $2M in a seed funding, the company disclosed on Thursday. The seed funding came from Eclipse Ventures.

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Biotech Startup Licenses Technology From UCSD, Raises $18M

socalTECH

A new, biotech startup focused on delivery of nucleic acid therapeutics, Solstice Biologics , said last week that it has licensed technology developed at UC San Diego, and received $18M in a Series A funding. The funding round was led by venBio, and also included Aeris Capital.

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