33 Tech Startups Make San Diego Venture Group “Cool Companies” List

Xconomy

In the eyes of the San Diego Venture Group, the key element is readiness for venture capital backing. What does it take for a tech startup to be considered “cool?”

San Diego Life Sciences Roundup: Evofem, Cullgen, BrainLeap & More

Xconomy

Get the details on these developments and more in San Diego life sciences news: —Evofem Biosciences (NASDAQ: EVFM ) struck a deal to raise up to $80 million in a private placement. The company closed the first $30 million, from Nevada-based investment firm PDL BioPharma (NASDAQ: PDLI ), on Wednesday, with the firm paying a 26.4 Locally based biotech companies receive fresh funding from investors.

Why Comma.ai, Maker of Self-Driving Tech, is Moving to San Diego

Xconomy

San Diego’s startup community has rejoiced in recent months as massive companies that employ thousands of engineers—including Amazon (NASDAQ: AMZN ), Apple (NASDAQ: AAPL ), and the tech arm of Walmart (NYSE: WMT )—have announced expansions in the region. Local entrepreneurs hope that investment will make other tech businesses, including early-stage companies, more comfortable settling in the region, where concerns about talent recruitment are long-standing.

$100M Round Turns San Diego’s Seismic into Region’s Newest Unicorn

Xconomy

The venture investment, which the San Diego startup announced Tuesday, is one of only a few so-called mega-rounds—$100 million or more—recorded this year in the region. (In Seismic, an enterprise software company with ambitious growth plans, has raised $100 million in a Series E financing and added Microsoft chairman John W. Thompson to its board of directors.

San Diego Startup Raises $2.3M to Advance Enzymatic DNA Synthesis

Xconomy

Molecular Assemblies , a San Diego startup developing a new enzymatic method for synthesizing DNA, said today it has raised $2.3 million in a seed financing round.

San Diego Life Science Companies See Stock Bumps, Slips in JPM Wake

Xconomy

Morgan Healthcare Conference started out as a clubby get-together hosted by investment bank Hambrecht & Quist. Back in the days of H&Q, bankers and entrepreneurs flocked to San Francisco to get information about biotech companies that was otherwise hard to come by.

Walmart: Turning San Diego Into A Key Technology Center

socalTECH

However, the company's technology team, Walmart Labs (www.walmartlabs.com)--which said this month that it is planning on major growth in San Diego is responsible for the company's key supply chain technology, online e-commerce site, and much more. What exactly does Walmart Labs work on in San Diego? How long has Walmart had an office in San Diego? How did Walmart decide to set up in San Diego?

Walmart: Turning San Diego Into Its Technology Center

socalTECH

However, the company's technology team, Walmart Labs (www.walmartlabs.com)--which said this month that it is planning on major growth in San Diego is responsible for the company's key supply chain technology, online e-commerce site, and much more. What exactly does Walmart Labs work on in San Diego? How long has Walmart had an office in San Diego? How did Walmart decide to set up in San Diego?

Xconomy Guide to Best Sessions at Startup Week San Diego

Xconomy

Startup Week San Diego, like a lot of other places that host similar events, has been billed as a weeklong celebration of entrepreneurship. This year’s Startup Week also has added five new tracks intended to highlight San Diego’s strengths as a startup ecosystem.

Big VCs Join Xconomy in San Diego to Discuss Big Data, Big Biology

Xconomy

In the Boston office of GE Ventures, managing director Alex de Winter is overseeing investments in companies like Veracyte, which is applying machine learning to genomic sequencing technology to help doctors distinguish benign growths from cancer.

Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. I started with a list of companies already screened by the San Diego Venture Group’s annual venture summit, and consulted with investors and startup mentors to refine the list. million in a Series D round of investment capital, according to founder and chairman Tony Farwell.

San Diego Startups Raise $287M in Third Quarter, and Top 10 Deals

Xconomy

Venture Capital investments in San Diego startups fell by roughly a third during the three months that ended September 30, according to data released recently by Seattle-based PitchBook and the National Venture Capital Association. VC firms invested $280.6 million in 49 startups in San Diego County during the third quarter, according to a breakout of data provided by PitchBook as part of the inaugural “Venture Monitor” report. San Diego. $35

EvoNexus Gets Bank, Investment Firm Backing for Fintech Incubator

Xconomy

Two financial firms are betting on a nonprofit incubator program in San Diego in hopes of identifying top talent and potential targets for investment or acquisition.

San Diego VC Funding Hits $547.2M in Q1; Ideaya Leads Top 10 Deals

Xconomy

million into 37 startup companies throughout San Diego County during the first three months of 2018, maintaining roughly the same level of venture funding seen in recent quarters, according to the Venture Monitor Report. The amount of capital invested in the San Diego area was up slightly from the $541.2 million invested during the final three months of 2017, according to Venture Monitor data. million invested in the first quarter last year.

Servier Licenses CureMatch Tech for Custom Cancer Drug Treatments

Xconomy

A global pharmaceutical company based in France has licensed software developed by San Diego digital health startup CureMatch that aims to help cancer doctors customize the combination of drugs they prescribe to patients based on mutations in cancer DNA.

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First-Quarter Venture Funding Slumps in San Diego, and Top 10 Deals

Xconomy

Thirty-seven venture-backed companies in the San Diego area collected almost $350 million in new funding during the first three months of 2017, according to data released this week as part of the latest Venture Monitor report from the National Venture Capital Association and Seattle-based PitchBook. million that VCs invested in San Diego startups in the same quarter in 2016, and off nearly 17 percent from the $420.3 billion invested.

Under New Ownership, San Diego’s Ad-Juster Names Dennis Clerke CEO

Xconomy

Ad-Juster, a San Diego adtech startup acquired earlier this year by the investment arm of China’s Innotech International Group, Wednesday named local software entrepreneur Dennis Clerke as CEO. Clerke (a San Diego Xconomist) was previously the CEO of Sunnyvale, CA-based NetSeer, an adtech acquired in February by Inuvo (NYSE: INUV , an advertising technology and digital publishing company based in Little Rock, AR.

Q2 VC Funding Soars in San Diego (After Revisions), and Top 10 Deals

Xconomy

After the national MoneyTree Report was released last week, PricewaterhouseCoopers partner Ryan Spencer said he spent time on a call with Thomson Reuters, which provides the raw data, trying to figure out a change in the numbers for venture capital activity in San Diego. San Diego.

Bio Roundup: Nationwide’s Rise, a Surgeon’s Quest, CRISPR USA & More

Xconomy

The Columbus, Ohio, hospital chose to invest in gene therapy when the field was in its darkest days. Persistence and perseverance were the themes of two of our top stories this week. First there’s the story of Nationwide Children’s Hospital.

To Help Boost Female-led Startups, More Women Join Investor Ranks

Xconomy

Houston —Men have long leveraged their networks to succeed in business, and the tech industry has been no exception. Women, finding themselves outside of the club, are now creating their own networks to do the same. Katelyn O’Shaughnessy already had a solid track record, selling TripScope , a travel startup she co-founded in 2013, to Travefy two years ago.

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Profitability Helps San Diego Lender Step Out from Industry Cloud

Xconomy

In contrast to some alternative lenders, the San Diego firm said it is growing fast and is consistently profitable. Problems at one industry leader, San Francisco-based LendingClub (NYSE: LC ), have added to waning enthusiasm among some investors for the peer-to-peer model, which matches online users who want a loan with Wall Street investors or wealthy individuals looking for a higher rate of return than many traditional, fixed-income investments.

San Diego VC Funding at $426.6M in Third Quarter; Plus Top 10 Deals

Xconomy

The San Diego artificial intelligence company Brain Corp. topped the chart for raising the most venture capital in San Diego during the third quarter that ended September 30, according to Venture Monitor data released Tuesday. Altogether, venture firms invested. As Xconomy reported in July, Brain Corp. raised $114 million in a Series C funding round led by Softbank’s new $100 billion Vision Fund.

Reveal Biosciences Gets Intel’s Backing on “AI-Powered” Pathology

Xconomy

A 25-person startup developing advanced computing tools to speed up pathology work has raised its first institutional financing from a group of investors led by Intel Capital, the corporate investment arm of the chipmaker.

VC Trends in 2019: More Money, Fewer Deals But Women Still Get Less

Xconomy

If you’ve been following venture capital trends, what you expected to happen in the first quarter of 2019 did: More money is being invested in fewer deals, and women founders still are getting less of it than men.

Sanford Burnham Prebys, WARF Partner on Drug Discovery

Xconomy

A program launched last year by the Wisconsin Alumni Research Foundation to invest in promising biotech discoveries made on the University of Wisconsin-Madison campus will also work with the La Jolla, CA-based Sanford Burnham Prebys Medical Discovery Institute, the organizations said recently.

RiverVest Venture Closes $184M Fund for Backing Healthcare Ventures

Xconomy

Louis, MO-based venture capital firm with additional offices in San Diego, CA, and Cleveland, OH, has raised $184.4 million for its fourth fund dedicated to investing in healthcare companies. RiverVest Venture Partners, a St.

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Turning Point Therapeutics Plans IPO to Advance Targeted Cancer Drugs

Xconomy

The San Diego biotech is developing what it describes as a “next-generation” drug as a treatment for cancers associated with genetic variations that alter the enzymes ALK, ROS1, and TRK.

Poseida to Advance CAR-T For Myeloma with Novartis-Led $142M Round

Xconomy

Swiss pharma giant Novartis has invested $75 million in a $142 million Series C round for San Diego-based Poseida, which is one of several companies developing what is meant to be a one-time, long-lasting treatment for multiple myeloma.

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TP Therapeutics Names New CEO, Gets $80M More for Cancer Drug Push

Xconomy

The San Diego-based biotech, which is developing targeted cancer drugs for people whose tumors resist other precision therapies, announced the changes Friday.

Retailers Turn to Analytics, 3D Tech to Promote Fit, Reduce Returns

Xconomy

People want to buy a size,” says Patrick Donnelly, director of marketing at Fit3D, a San Mateo, CA-based maker of e-commerce software. One size fits most (at best), and a women’s sizing system created during the Depression doesn’t gibe in an e-commerce business that prizes personalization.

VelosBio Emerges with $58M in Funding to Steer Cancer Drugs to Clinic

Xconomy

VelosBio joined Johnson & Johnson’s JLABS @ San Diego incubator in January. VelosBio, a biotech startup researching new cancer drugs, has raised $58 million in financing.

Room Service by Robot And Other Ways Tech is Changing The Hotel Stay

Xconomy

More days than not, Michael Colaneri’s home is a hotel room. So innovations like “geolocation” sensors that automatically unlock his room door and adjust the thermostat when he’s nearby make the constant change easier—sometimes. “My My experience has been exceptionally inconsistent,” he says.

From Immigration to Taxes, Execs Talk Trump Effect on Innovation

Xconomy

They shared their thoughts via e-mail with me, Xconomy’s national correspondent David Holley, and Sarah de Crescenzo, editor of Xconomy San Diego.

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Saxena: More Than a Tool, A.I. Must Be Used With Society in Mind

Xconomy

startup CognitiveScale and managing director of The Entrepreneur Fund , which makes investments in early-stage machine learning companies, Saxena believes A.I. [ Updated 12/27/18, 9:54 am ] Manoj Saxena is bullish on artificial intelligence. As chairman of Austin, TX-based A.I.

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Insitro Lands Three-Year Deal With Gilead to Find New NASH Drugs

Xconomy

Insitro announced Tuesday that Gilead (NASDAQ: GILD ) will pay the South San Francisco-based startup $15 million to kick off a three-year research collaboration.