socalTECH

SEPTEMBER 11, 2019

San Diego-based biotech investor Avalon Ventures has scored an exit, saying late Tuesday evening that it has entered into a definitive agreement with GlaxoSmithKline (GSK), to sell Sitari Pharmaceuticals to GSK. Sitari was developing treatments for celiac disease, and was being incubated at COI Pharmaceuticals.

Avalon 100

Avalon San Diego Incubator Develop 100

socalTECH

JANUARY 16, 2013

San Diego-based venture investment fund Avalon Ventures has made a seed investment in a developer of a social shopping service, LoopIt , according to the companies. and is a spinout of Redstar Ventures, a venture incubator firm in Cambridge. Avalon's Rich Levandov was involved in the investment. READ MORE>>.

Avalon 159

Avalon San Diego Incubator Invest 159

Xconomy

NOVEMBER 13, 2019

Another of the biopharma startups created as part of a collaboration between San Diego investment firm Avalon Ventures and GlaxoSmithKline has been acquired—but not by GSK. Debuting in COI (which stands for “community of innovation”). Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Avalon 73

Avalon San Diego Incubator Invest 73

socalTECH

JULY 13, 2020

La Jolla-based Nerio Therapeutics , a new, stealth-mode company in the life sciences sector, has raised $3.0M It's unclear what Nerio Therapeutics may be working on, but the fourth officer of the company listed in the filing appears to be Dr. Stefan Heller, a faculty member at Stanford and a developmental neurobiologist.

Avalon 113

Avalon Incubator Funding Company 113

socalTECH

NOVEMBER 13, 2019

San Diego-based COI Pharmaceuticals , the life sciences incubator and support entity created by Avalon Ventures to support its portfolio companies, says that one of its companies, Calporta Therapeutics , has been acquired by Merck. Calporta Therapeutics was launched out of COI Pharmaceuticals in 2015.

Avalon 124

Avalon San Diego Incubator Technology 124

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.,

Avalon 40

Avalon Funding Startup San Diego 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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San Diego Incubator Avalon Mentor 40