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The SanDiego Angel Conference, an angel investing effort which is run by the University of SanDiego (USD) School of Business, says it has made investments in five companies at its conference this year, worth a total of $500,000.
Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell SanDiego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced.
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. Image courtesy Bigstock. READ MORE>>.
SanDiego-based Seismic , a developer of sales and marketing software, has raised $100M more in a funding round, which values the company at $1 billion, the company said on Tuesday. The startup, led by CEO Doug Winter, develops software used to enable sales and marketing efforts in the enterprise. READ MORE>>.
Ciara Kennedy, CEO of clinical-stage antifungal therapy developer Amplyx, is facing a slowdown in trial enrollment as hospitals focus on handling the influx of pandemic patients. The program, originally slated to take.
ServiceNow, the digital workflow and service management software developer which has operations in SanDiego, said today that it has launched a new $100M investment fund, part of which will look at investments in SanDiego.
The Alliance estimates that Southern California’s tech community could be one-third the size of Silicon Valley’s by supporting or further developing the six pillars it already has for innovation to occur. We’ve also seen a substantial inflow of venture capital from all over the world.”.
Gene editing technology developer Inscripta , which has one of its offices in SanDiego, saidt his week that has added another $20M in funding to its Series C round, bringing the round to a total of $105.5M. The company had originally announced its Series C in 2018, worth $85.5M.
Illumina Ventures , the early-stage venture capital investor which was founded by SanDiego-based life sciences equipment maker Illumina , says it has raised $230M for its first fund. the former SVP of Corporate and Venture Development for Illumina, and is based in San Francisco. READ MORE>>.
Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificial intelligence startup that is headquartered in SanDiego and Singapore, called Aicadium. The new startup will focus on developing a common machine learning platform to deliver AI-as-a-Service from discovery to deployment.
SanDiego-based Erasca , a company which is using artificial intelligence to drive the discovery and development of new oncology drugs to help cure cancer, has raised $64M in a Series A funding, the company said this morning. According to the company, the new funding will to towards.
SanDiego-based Qpex Biopharma announced this morning that it has raised $33M in a Series A funding round, to launch its efforts to battle drug-resistant infections. The company also said it has an agreement with the Biomedical Advanced Research and Development Authority (BARDA), worth up to a total award of $132M.
SanDiego-based Dexcom, which develops equipment for continuous glucose monitoring for people with diabetes, has launched its own venture capital fund, Dexcom Ventures. The company said its venture capital arm will be led by Steve Pacelli.
SanDiego-based Neurophth, a gene therapy company, has raised $60M in a Series C funding round, the company said today. The funding was co-led by CMG-SDIC Capital and Sequoia Capital China, and also included Sunshine Insurance and China Merchant Bank International Capital.
Los Angeles-based private equity investor Palisades Growth Capital announced this morning that it has sold off its ownership interest Los Angeles-based L Docupace , a developer of software for the wealth management industry. Palisades said it sold its interests in Docupace to another private equity investor, FTV Capital.
SanDiego-based Soci , a developer of a social content discovery engine and social media marketing software product, has raised $1.5M Soci, led by Afif Khoury, develops a social content discovery and marketing engine. soci social media marketing venture capital content discovery' in a Series A funding. READ MORE>>.
Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by Venture Capital return profiles, would sometimes like to attach to the word. But I would point out that these days there are really talented tech developers & teams everywhere. Here are mine: 1.
SanDiego-based biotech startup ViaCyte , which is developing human cell therapy for treating diabetes, says it has raised $80M in a Series D funding round. The funding was led by Bain Capital Life Sciences, and also included TPG, RA Capital Management, Sanderling Ventures, plus angels.
SanDiego-based Plantible Foods, a startup developing a system to use Lemna--otherwise known as duckweed--as a protein source for humans, has raised $21.5M in a Series A funding. The company says it has now raised $27M for its efforts.
SanDiego-based startup accelerator operator Nex Cubed says it has launched a virtual, summer startup acceleration program, focused on founders from historically Black colleges and universities (HBCUs).
SanDiego-based Raken has raised $2M in a funding round, for the company's construction reporting and compliance software. The funding was led by Rincon Venture Partners , and also included Eniac Ventures and Spider Capital. Raken is led and was co-founded by CEO Kyle Slager and CTO/CPO Dr. Sergey Sundukovskiy.
SanDiego-based Comhear , a developer of immersive, 3D audio software, announced on Monday that it has raised $12M in a Series A funding. Comhear develops audio enhancing software. The company said its technology is based on research from the University of California SanDiego (UCSD). READ MORE>>.
Los Angeles-based private equity investor Highview Capital said on Tuesday that it has partnered with Toronto-based First light Media , to acquire AT&T's Quickplay unit, which had provided managed services for delivering "Over-The-Top" (OTT) video services. Quickplay has operations in SanDiego, Toronto, and Chennai.
SanDiego-based software developer ClickUp , which develop workplace apps, says it has raised $100M in its Series B funding round. The funding was led by Georgian, and also included Craft Ventures. ClickUp says it has now raised $135M in total.
SanDiego-based biotech startup Biolinq , which is developing wireless-enabled biosensor patches for continuous monitoring of biomarkers, has raised $4.75M additional Series A funding, the company said this morning. The funding came from JDRF T1D Fund, Aphelion Capital and LifeSci Venture Partners.
SanDiego-based Epic Sciences has raised $40M in a Series D funding, for its cancer testing technology, the company announced Friday morning. Epic sciences is developing blood-based tests which help predict drug response in cancer. The company said the fund will go to accelerate clinical studies and enhance its technology.
SanDiego- and Galway, Ireland-based ONK Therapeutics announced today that it has raised $21.5M The startup says it is developing optimally engineered natural killer (NK) cell therapies. in its Series A funding. The funding was led by Acorn Bioventures and ALSHC, plus Cormorant Asset Management.
TuSimple , a developer of autonomous trucking technology which has offices in SanDiego and in China, said on Wednesday that it has raised $95M in a Series D funding round. and Composite Capital. The funding came from Chinese investors SINA Corp. TuSimple says it has now raised a total of $178M. READ MORE>>.
SanDiego-based venture capital investor Mission Ventures has seen an exit in its venture portfolio this morning, at data science and Hadoop software developer Alpine Data. TIBCO said the buy will help it bolster its data science technology and analytics portfolio. in funding.
Kyriba , the financial software developer which got its start in SanDiego, where it still has major operations, said today that it has raised $45M more in a funding round, led by Sumeru Equity Partners (SEP). The funding also included Bpifrance, Iris Capital, Daher Capital and HSBC. READ MORE>>.
SanDiego-based biotechnology company Cullgen has raised $16M in a Series A funding, to go towards possible treatments for cancer, inflammatory, and autoimmune diseases, the company said this morning. The funding came from Sequoia Capital China and Highlight Capital. Ying Luo, Chairman and President of Cullgen.
SanDiego-based Poseida Therapeutics , a biopharmaceuticals startup developing non-viral gene engineering technology, has raised $142M in a Series C funding, the company said on Monday. Other investors in the round included Aisling Capital Management, Pentwater Capital Management, Perceptive Advisors, plus Malin Corporation plc.,
SanDiego-based startup Truepic , a developer of software which "notarizes" digital photos for authenticity, has raised $8M in a Series A funding, the company announced on Thursday.
SanDiego-based Mirium Pharmaceuticals , which is developing treatments for rare liver diseases, announced on Wednesday morning that it has raised $120M in a Series A funding round.
Grail , the spinout of SanDiego-based life sciences equipment maker Illumina , has raised $300M more in funding, the company said this week. The startup is developing blood testing technology which uses DNA analysis to help in early detection of cancer. READ MORE>>.
SanDiego-based GoSite , which develops an online platform to help small businesses put up online and mobile websites, has raised $16M in a funding round, the company announced this morning. The funding was led by Longley Capital, and also included Stage 2 Capital, Ankona Capital, Serra Ventures and SaaS Ventures, and angels.
SanDiego- and Shanghai-based Ablaze Pharmaceuticals which is developing cancer treatments, said this morning that it has raised $75M in its Series A funding round. Ablaze has a partnership with SanDiego based RayzeBio, and is focused on the Greater China market.
SanDiego-based Cue Health, which develops health information software, has raise $235M in a financing round, the company said on Thursday. The funding came from Perceptive Advisors, MSD Capital, and Koch Strategic Platforms, a subsidiary of Koch Industries, plus existing investors Johnson & Johnson Innovation -- JJDC, Inc.
SanDiego-based SGI-DNA , a biotech company which is developing synthetic genomics and dna data storage technology, announced this morning that it has raised $25M in its Series A funding round. The funding was led by Northpond Ventures, and also included Oxford Finance and BroadOak Capital partners. READ MORE>>.
SanDiego-based biopharmaceuticals developer Sorrento Therapeutics announced on Monday that it has invested in a newly former company, Celularity , focused on treatment of cancer, inflammatory and degenerative diseases, and functional regeneration using placental technology.
SanDiego-based business intelligence software developer VizExplorer announced this morning that it has raised a round of strategic funding from Morgan Stanley Expansion Capital. Morgan Stanley Expansion Capital is part of Morgan Stanley Investment Management focused on private equity investments.
SanDiego- and Shanghai-based Adcentryx Therapeutics, a biotechnology company focused on antibody drug conjugate (ADC) therapeutic development, says it has raised $50M in its Series A funding round. The funding was led by CBC Group, and also included Zoo Capital the venture arm of Boyu Capital.
SanDiego-based Qualcomm has put its backing behind a startup, ClearMotion , which is developing computer-controlled automotive chassis technology, which replaces shock absorbers with active components to dampen movement while you are driving. Clear Motion has yet to incorporate its technology into any available vehicles.
The funding is being led by QED Investors; Founders Fund, Susa Ventures, Navitas Capital, and Prudence Holdings also participated. “It’s shameful what property developers have become,” Stech said. They operate on the principle of five F’s: “find, finance, fix, fill or flip” as Stech puts it.
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