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Intel Deepens Move into Sports Tech with SportStream Investment

Xconomy

ScoreStream, a five-year-old startup that created a social media platform for crowd-sourcing local sports scores, has raised $3.7 million in a Series A round that includes Intel Capital as an investor. Including the latest round, ScoreStream has raised a total of $6.8 million since it was founded in 2012.

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Avelas Bio Raises $20M to Push Cancer-Illuminating Biologic Agent

Xconomy

Pharmstandard International, the Luxembourg-based investment arm of the Russian pharmaceutical giant Pharmstandard (and a first-time investor in Avelas), led the round. It was joined by two other new backers, Ervington Investments and Alexandria Venture Investments, and previous investors WuXi Healthcare Ventures, Bregua Corp.,

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Plug and Play San Diego Finds Home in New Downtown Works Space

Xconomy

In the Bay Area, Roudi said about 180 companies pay Plug and Play an annual fee to get an inside track on incubating startups, and in some cases could be making investments in San Diego companies as well. billion under management. Cohen described Downtown Works as a “hyper-connector.”. Downtown Works Interior. It’s really cool.”.