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San Diego VC Funding Hits $547.2M in Q1; Ideaya Leads Top 10 Deals

Xconomy

million into 37 startup companies throughout San Diego County during the first three months of 2018, maintaining roughly the same level of venture funding seen in recent quarters, according to the Venture Monitor Report. The amount of capital invested in the San Diego area was up slightly from the $541.2

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Reflections on 2018: Andy Wilson, Alliance for SoCal Innovation

socalTECH

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. What was the biggest news for your organization in 2018? You'll be able to browse all of those contributions here. Happy Holidays!

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Big Deals, Life Sciences Push U.S. VC in 2018 to Dot-Com Boom Levels

Xconomy

Venture capital investments rose in 2018 to levels not seen since the heady days of 2000, the last year U.S. That was about 500 fewer deals than in the year prior, but the total amount invested increased by $47.9 startups collectively took in more than $100 billion. billion into companies. billion into companies.

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From Immigration to Taxes, Execs Talk Trump Effect on Innovation

Xconomy

In 2018, geopolitical events—in particular, President Donald Trump’s hard-line stances on trade and immigration, and the repeal of net neutrality rules—were top of mind for several business executives we interviewed recently. Xconomy: Has the Trump era been good or bad for your company? Read more » Reprints | Share:

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With Losses Mounting, MabVax Therapeutics Looks to Sell Off Assets

Xconomy

The San Diego biotech company, which is testing an antibody discovery platform intended to speed products to patients with cancer and pancreatitis, said Thursday it has retained a local investment banking firm, Objective Capital Partners, to guide its sale. million in the first nine months of 2018 and $22.8 As of Sept.

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Trust & Will Raises $2M to Advance Digitization of Estate Planning

Xconomy

The team at Trust & Will, a San Diego-based startup founded in October of 2017, is betting that a good chunk of those people would shell out some money to outline an estate plan if the process were cheaper and easier. million in seed—in 2018 to advance its growing suite of products, digitized. [ Updated 9:30 a.m.,

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U.S. Venture Capital Deals on Pace to Exceed $100B in 2018

Xconomy

Fueled by so-called mega-funds, investment in U.S.-based In the third quarter VC investments totaled nearly $28 billion, bringing the year’s total as of Sept. Once considered a passing phase, the concentration of capital into fewer, larger venture capital deals appears to be the new normal.