socalTECH

JUNE 11, 2021

La Jolla-based biopharmaceuticals startup Janux Therapeutics said early this morning that it has priced its IPO, offering up 11,400,000 shares of its common stock at $17.00 The company's biggest shareholders before the IPO were Avalon Ventures, RA Capital Healthcare, Orbimed, Bregua Corporation, and Correlation Ventures.

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socalTECH

MARCH 29, 2021

San Diego-based Fortis Therapeutics, a biotechnology startup developing treatments for late-stage prostate cancer and multiple myeloma, has raised $40M in a Series A financing, the company said on Monday.

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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

According to the venture backed startup, it will soon begin offering up real-time, hyper-local prep football scores from thousands of games across the country through Alexa. ScoreStream is led by CEO and co-founder Derrick Oien, and previously has raised venture funding from Intel Capital and Avalon Ventures. READ MORE>>.

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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.

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Avalon San Diego Capital Funding 153

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

SEPTEMBER 27, 2016

The funding was led by Avalon Ventures and also included Bregua Corporation, Lilly Asia Ventures, Osage University Partners, and Vivo Capital. The startup, based in the COI Pharmaceuticals cluster of companies in San Diego, is based on research developed by Bin Liu, Ph.D.,

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socalTECH

NOVEMBER 13, 2017

Del Mar-based ScoreStream , the crowdsourced local sports startup led by Derrick Oien, said last week that it has added new funding from Intel Capital. According to ScoreStream, the round also included Avalon Ventures, Sinclair Broadcasting, R/GA and Verizon Ventures. Oien is a serial entrepreneur and previously headed up Chumby.

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Capital Avalon Funding Press 113

socalTECH

SEPTEMBER 11, 2012

MOGL offers up cash back payments for users who register their credit cards and visit participating restaurants. The startup, headed by Jon Carder, provides a 10% cash back to members who register their credit or debit cards with the company, and visit participating restaurants. READ MORE>>.

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Avalon Southern California San Diego Startup 178

socalTECH

MAY 9, 2014

The startup--which is backed by Avalon Ventures--operates a financial service which lets consumers in the U.S. San Diego-based Quippi said this week that it has expanded its list of partners in Mexico. send money in the form of gift cards to their friends and family in Mexico.

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Avalon San Diego Services Funding 174

socalTECH

JANUARY 30, 2014

The funding came from Avalon Ventures. Quippi''s business looks similar to remittance and gift card startup Ayannah, which offers similar gift card purchases in the Phillipines. La Jolla-based Quippi , which sells a gift card aimed at international money transfers, has raised $2M in a funding, the company disclosed today. READ MORE>>.

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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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UCLA Avalon San Diego Los Angeles 100

socalTECH

JUNE 23, 2015

The funding was led by Avalon Ventures, and also included Hereaus Medical and Correlation Ventures. The startup is led by Sanford J. the company said the funding is the first tranche of a $17M, Series A round of funding.

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socalTECH

APRIL 6, 2015

The startup--led by technology startup vet Derrick Oien--said the funding was led by Sinclair Digital Ventures, a division of Sinclair Broadcast Group. Also participating in the funding was Avalon Ventures, New Enterprise Associates, and angels, including Kevin Plank (Under Armour) and Paul Palmieri (Millennial Media).

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Avalon San Diego Incubator News 100

socalTECH

JULY 16, 2013

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. READ MORE>>. core innovation capital venture investment fund'

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Capital Southern California Avalon SoCalTech 174

Xconomy

NOVEMBER 19, 2017

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.

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Avalon Invest Social Media Media 56

Xconomy

AUGUST 17, 2016

and San Diego’s Avalon Ventures. Avalon Ventures founded Avelas, and has housed the startup with other Avalon biotech startups at its COI Pharmaceuticals R&D facility in San Diego. Avalon partner Jay Lichter plans to continue serving as Avelas’ chairman, Stengone said.

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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, com, and then Intercasting.

Media 100

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, com, and then Intercasting.

Media 100

Media Startup Avalon Social Media 100

socalTECH

MAY 27, 2014

Southern California in recent years has become a hotbed of financial startups, and for years has been a destination for companies looking also to address companies across the border in Mexico and Latin America. One of the startups here at the intersection of both, is San Diego''s Quippi (www.quippi.com). What is Quippi all about?

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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 They had a lot of fun.”.

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San Diego Startup Avalon Venture Capital 40

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. We are definitely interested in oncology, but there is no value in disclosing details.”. But it’s structured differently.

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socalTECH

JANUARY 19, 2012

The amount is up from $528.0M raised in Q4 of 2010, and up from the $652M invested in the region last quarter. Orange County--boosted in a large part by a funding for Fisker Automotive--racked up $242.45M in funding. Southern California fundraising matched a similar increase nationally, where $28.4 in venture funding.

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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 Both LA and OC were both up in terms of deals and dollars.

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Xconomy

SEPTEMBER 30, 2016

—Shares of New York-based Intra-Cellular Therapies (NASDAQ: ITCI ) plummeted almost 70 percent after its experimental schizophrenia drug came up short in the second of two Phase 3 trials. Bluebird paid Medigene $15 million up front , and could shell out over $1 billion total if a variety of milestones are hit.

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Avalon Thousand Oaks Study Startup 40

Xconomy

AUGUST 31, 2016

In 2009, Tsien and Kevin Kinsella of Avalon Ventures founded San Diego’s Avelas Biosciences to develop fluorescent proteins that change color in the presence of cancer cells. In the statement released by UC San Diego, chancellor Pradeep Khosla said, every honor Tsien received was “justly deserved, and always received with humility.”.

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San Diego UCSD Avalon Study 72

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.

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San Diego Incubator Avalon Mentor 40

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. Existing investors Avalon Ventures and Correlation Ventures joined in the round.

San Diego 40

San Diego Avalon Research Examples 40

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. We as car people are working towards building one-off accommodations that enable apps to work well in our cars while opening up our ecosystems to app developers. You feel conflicted when you start to see ads.

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Advertising Startup Marketing Mobile 97

Xconomy

FEBRUARY 26, 2020

About three years ago fledgling San Diego-based startup PvP Biologics announced a $35 million deal with Takeda Pharmaceutical that gave the Japan pharma giant rights to acquire the company down the line. That day is here.

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San Diego Study Develop Development 72

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.

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Tips San Diego Startup Avalon 76

socalTECH

SEPTEMBER 19, 2008

in funding from Venrock, Avalon, and Masthead. So do these show up as your brand or as an OEM deal with the carriers? Historically, it was something that started to develop before our launch with operators back in 2005, and it now serves as a laboratory for development of our product. Intercasting is backed by $17.5M

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Xconomy

APRIL 30, 2018

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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Technology Venture Capital San Diego Avalon 78

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.

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San Diego Product Develop Development 76

Xconomy

MAY 2, 2017

View the Slideshow In the not-too-distant future, a “planetary” computer will be able to create a computational model of your body, with the ability to run simulations of your health and to anticipate chronic disease before you show any symptoms.

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San Diego Technical Review Software Review Networking 63

Xconomy

MARCH 23, 2017

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.

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San Diego Entrepreneur Technology Avalon 52