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Avalon Ventures Might Reap Cash In Zynga Offering

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San Diego-based Avalon Ventures , one of the venture capital investors in social gaming phenomenon Zynga , may be set to cash in on its shares of the newly public gaming firm, after Zynga said this week that it is planning a $400M, secondary offering of its stock.

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Janux Therapeutics Prices IPO, Hits Nasdaq Today

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The company begins trading this morning on the Nasdaq Global market under the ticker symbol JANX. The company's biggest shareholders before the IPO were Avalon Ventures, RA Capital Healthcare, Orbimed, Bregua Corporation, and Correlation Ventures. Janux Therapeutics is developing T cell engager immunotherapies.

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Core Innovation Capital Sets Up Shop In LA

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In the latest positive move for the Los Angeles venture capital market, a new investor has moved into town, to take advantage of the area''s growing startup market. core innovation capital venture investment fund' The firm''s efforts here are headed by Arjun Schutte. READ MORE>>.

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Avalon Ventures, Jeffrey Katzenberg To Benefit From Zynga IPO

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According to Zynga, it is looking to raise up to $1 billion on the public markets. Among the investors who may benefit from a successful IPO are La Jolla-based Avalon Ventures , run by Kevin Kinsella, Stephen Tomlin, Richard Levandov, Brady Bohrmann, Doug Downs and Jay Lichter, which before the IPO owned 6.1 percent of Zynga.

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Sidecar Finds $15M More To Expand Ridesharing Fight

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It looks like the peer-to-peer marketplace for rides in Los Angeles is about to get a lot hotter, as one of the companies competing in the market-- Sidecar said this morning that it has raised $15M more in funding. Avalon Ventures is also based in San Diego. Avalon Ventures is also based in San Diego. READ MORE>>.

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StackIQ Raises $6M

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The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as well as Anthem Venture Partners and Avalon Ventures. The company said the new funding will go toward scaling sales and marketing. stackiq venture capital automatoin software enterprise hadoop' The company is led by Tim McIntire.

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AnaptysBio Gets $17M in Licensing Deal

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In addition, AnaptysBio said it is eligible to receive milestone payments of up to $18M for meeting certain research and development milestones, as well as an additional $90M for reaching regulatory submissions and approvals, along with eventual royalties if those antibodies reach the market. READ MORE>>.

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