Xconomy

SEPTEMBER 27, 2016

[ Note: The headline has been corrected to better describe the company’s type of funding. San Diego’s Avalon Ventures led the Series A round, and has established Fortis at COI Pharma, the firm’s biotech incubator (which now houses 16 life sciences startups). 9/27/16, 2:09 p.m. Bregua Corp.,

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socalTECH

JULY 17, 2014

The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0

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socalTECH

AUGUST 19, 2019

San Diego-based ScoreStream , which provides crowdsourced, local sports scores, photos, videos, and more for high school football and other teams, is connecting with Amazon Alexa, the company said on Friday. ScoreStream is led by CEO and co-founder Derrick Oien, and previously has raised venture funding from Intel Capital and Avalon Ventures.

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Avalon San Diego Capital Funding 100

socalTECH

NOVEMBER 22, 2013

San Diego-based Avalon Ventures announced this morning that it has launched a new company, Sitari Pharmaceuticals , with $10M in a Series A financing. disease celiac lifescience biotech capital venture glaxosmithkline pharmaceuticals sitary ventures avalong' READ MORE>>.

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Avalon San Diego Capital Funding 153

socalTECH

SEPTEMBER 27, 2016

San Diego-based Fortis Therapeutics , a new biotech company in the immuno-oncology area, announced this morning that it has raised $18M in a Series A funding. The funding was led by Avalon Ventures and also included Bregua Corporation, Lilly Asia Ventures, Osage University Partners, and Vivo Capital.

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Xconomy

SEPTEMBER 11, 2019

GlaxoSmithKline is acquiring a startup it helped launch in 2013 as part of an alliance with life sciences venture capital firm Avalon Ventures. Avalon said Tuesday that GSK (NYSE: GSK ) has agreed to buy the company, Sitari Pharmaceuticals, which has been developing a treatment for celiac disease.

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socalTECH

DECEMBER 4, 2015

The funding was led by Avalon Ventures and TPG Biotech, and also included Correlation Ventures and Osage University Partners. The startup said it is developing novel drugs based on the anti-cancer activity of metformin and designed to reduce cancer energy production to treat a range of cancer types.

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Xconomy

AUGUST 17, 2016

and San Diego’s Avalon Ventures. Inbio Ventures, a venture capital management company, represented Pharmstandard in the deal. Avelas plans to use the new funding to advance development of AVB-620, the company’s lead diagnostic agent, for use in breast cancer surgeries, CEO Carmine Stengone told me yesterday.

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socalTECH

APRIL 24, 2015

We caught up with serial entrepreneur Derrick Oien , who is CEO of the company, to learn more. Tell us a little bit about this new startup? Derrick Oien: We started ScoreStream three years ago. It's actually nice that there is a shortage of capital for sports startups. I was at MP3.com,

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Media Startup Avalon Social Media 100

socalTECH

APRIL 24, 2015

We caught up with serial entrepreneur Derrick Oien , who is CEO of the company, to learn more. Tell us a little bit about this new startup? Derrick Oien: We started Sportstream three years ago. It's actually nice that there is a shortage of capital for sports startups. I was at MP3.com,

Media 100

Media Startup Avalon Social Media 100

Xconomy

JULY 20, 2016

First came Inception Sciences , a holding company for spinning out biotech startups established by Versant Ventures and Peppi Prasit, the veteran San Diego drug developer. It’s a little like what Avalon is doing. But so far, the company has actually drawn only $3 million last year and $4 million earlier this year.

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San Diego Avalon Outsource Development Newsletter 40

socalTECH

JANUARY 19, 2012

The latest numbers from the PricewaterhouseCoopers/National Venture capital Association MoneyTree survey, which is based on data from Thomson Reuters, tallies $738.34M invested in Southern California in Q4 of 2011. The amount is up from $528.0M raised in Q4 of 2010, and up from the $652M invested in the region last quarter.

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Southern California Orange County San Diego GRP Partners 157

socalTECH

JULY 15, 2010

Investments by venture capitalists in Southern California were up, both in terms of deals and dollars in Q2, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA). in 91 investments, up significantly from the $451.8M and 69 deals for Q2 of last year. totaled $6.5

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Southern California Orange County Rustic Canyon SoCal 174

Xconomy

JULY 10, 2016

Larry’s diagnosis was cancer with a big C: “I have stage 4 pancreatic cancer and have been on chemo since June with some ups and downs,” he wrote in mid-March. 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 He had great fun doing his companies.

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Xconomy

JULY 19, 2016

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. They can’t be made efficiently and at low cost.”.

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San Diego Avalon Research Examples 40

Xconomy

OCTOBER 30, 2016

Plug and Play San Diego, established in 2013 as a satellite of the Sunnyvale, CA-based incubator, has funneled 15 local startups through the Silicon Valley program after providing some coaching and other services in San Diego. We would like to launch an accelerator based here, and bring in additional resources from the Bay Area.”.

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Xconomy

JUNE 6, 2018

Awarepoint, the San Diego healthtech startup that specialized in real-time location systems for tracking medical equipment and people in hospitals and clinics, has gone 404. That’s the error code message that comes up for a website that no longer exists. CEO Tim Roche did.

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Tips San Diego Startup Avalon 76

Tech Zulu Event

DECEMBER 6, 2013

It’s something of a sci-fi fantasy scenario: Driverless cars that show up at the touch of a button. Auto-interfaces are clunky, and when a lot of these big tech companies IPO’d, a lot of them developed products that were endemic to the car industry – navigation, social graphs, etc.

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Advertising Startup Marketing Mobile 97

Xconomy

NOVEMBER 14, 2018

Synthetic biology company Synthorx is laying plans for an initial public offering to raise money to advance its suite of enhanced cytokine drugs. The company has applied for a listing on the Nasdaq exchange under the stock. It has now set a preliminary $100 million IPO target in documents filed with securities regulators Tuesday.

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San Diego Product Develop Development 76

Xconomy

APRIL 30, 2018

Synthorx said its improved version of interleukin-2, known as Synthorin IL-2, is at the vanguard in a portfolio of enhanced cytokines the company plans to advance with $63 million in a Series C financing round disclosed today.

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