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Cheezburger Deal Spawned Out Of LA's TwiistUp

socalTECH

and FAIL Blog web sites, apparently was spawned out of an introduction at last year's Twiistup technology conference, according to investor the Foundry Group. Along with Foundry, both Madrona Ventures and San Diego's Avalon Ventures were investors in the round. READ MORE>>.

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

Xconomy

It was joined by two other new backers, Ervington Investments and Alexandria Venture Investments, and previous investors WuXi Healthcare Ventures, Bregua Corp., and San Diego’s Avalon Ventures. Inbio Ventures, a venture capital management company, represented Pharmstandard in the deal.

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An Homage to Larry Bock, Who Had God’s Hand on His Shoulder

Xconomy

After completing his MBA in 1985, Bock joined a now-defunct venture firm in Costa Mesa, CA. He found he didn’t enjoy being a traditional VC gatekeeper who said “yes” or “no” to startup pitches, according to his wife, Diane. “He It was during this time, she recalled, when Bock met Kevin Kinsella of San Diego’s Avalon Ventures.

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Synthorx Raises $10M to Expand Use of Synthetic DNA in Biologics

Xconomy

Synthorx, the San Diego synthetic biology startup that expanded the number of DNA base pairs with two synthetic nucleotides, said today it has raised $10 million in a Series B financing round led by RA Capital Management, the Boston life sciences hedge fund. Existing investors Avalon Ventures and Correlation Ventures joined in the round.

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Synthorx Gets $131M In Upsized IPO For Synthetic Biology Drugs

Xconomy

Synthorx, which is working to develop cancer and autoimmune therapies using technology that allows it to expand the genetic alphabet, raised $131 million in an upsized IPO on Thursday. The company sold more than 11.9 million shares at $11 apiece. million additional shares are available for its underwriters to purchase.

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Synthorx Raises $63M to Advance Suite of Enhanced Cytokine Drugs

Xconomy

After demonstrating in 2016 how its synthetic biology technology could produce new biologic drugs , San Diego’s Synthorx today revealed that its lead drug candidate is an improved version of interleukin-2, an anti-cancer drug of intense commercial interest in the 1980s.

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Today Only: Save $70 for Human Impact of Innovation on April 19th

Xconomy

Xconomy is convening life sciences and technology founders, executives, investors, and entrepreneurs for an afternoon of fireside chats and solo talks at Human Impact of Innovation. What are the emerging opportunities for investors and executives on these topics, and what role will San Diego play in the advancement of these technologies?