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San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

San Diego’s innovation clusters continued to grow in 2015, as local startups, funding deals, and job growth extended an economic growth spurt that began in 2013. The Connect Innovation Report found that 405 software, technology, and life sciences startups were created last year in San Diego County.

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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. Wait, didn’t you just raise a fund? Was it hard to raise the fund?

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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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Good Eggs raises $100M and plans to launch in Southern California

TechCrunch LA

Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it’s planning to launch in Southern California in either the summer or fall of this year. And it sounds like he isn’t in a rush to launch in a bunch of new markets. ” Good Eggs CEO Bentley Hall.

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San Diego Startups Raise $287M in Third Quarter, and Top 10 Deals

Xconomy

Venture Capital investments in San Diego startups fell by roughly a third during the three months that ended September 30, according to data released recently by Seattle-based PitchBook and the National Venture Capital Association. As Xconomy reported last week , third-quarter venture funding also slipped nationwide to $14.99

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Today, one of the companies that is supplying produce and other items both to consumers and other services that are in turn selling food and groceries to them, is announcing a new round of funding as it gears up to take its next step, an IPO. Source tell us it is now between $400 million and $500 million.

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Jecure Therapeutics Raises $20M From Versant Ventures

socalTECH

San Diego-based Jecure Therapeutics , a new startup focused on treatment of non-alcoholic steatohepatitis (NASH) and fibrosis of the liver, has raised $20M in a Series A funding round. The funding came from Versant Ventures, which launched the startup as its sole investor. READ MORE>>.

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