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Illumina, Sequoia Capital Launch Genomics Incubator In China

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San Diego-based DNA sequencing giant Illumina, and venture capital investor Sequoia Capital via its Sequoia Capital China arm--said they are partnering to launch a new, genomics incubator based in China. The two did not say how much they are investing in the Chinese incubator.

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Launch Factory Finds $2.5M For Venture Studio

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San Diego-based Launch Factory a new "venture studio" which is looking to recruit entrepeneurs to help it launch vetted business concepts, recently raised $2.5M The funding came from a number of angels, including Broadway Angels, San Diego Venture Partners, and TI Platform Management. in funding, according to the group.

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EvoNexus Opens Up New Applications For Incubator

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EvoNexus , the San Diego-based startup incubator, has opened up application for its next program, with a deadline of January 23rd. CommNexus, which is led by Rory Moore, said that it has admitted 39 companies since 2009 to the incubator, with five new companies admitted to the last cycle of the program. READ MORE>>.

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Radicle Growth Teams With UPL On $1.25M Startup Challenge

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San Diego-based Radicle Growth, which focuses on incubating early stage agriculture and food technology, and agriculture giant UPL said today that the two are in a new partnership, which will invest $1.25M in two startups that can "positively impact and reduce the carbon footprint and improve soil health of the food value chain."

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Westlake Village BioPartners Raises $500M In Two Funds

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Los Angeles-based life sciences investor Westlake Village BioPartners announced today that it has raised two new venture capital funds, worth a total of $500M, for its investments in biotech companies. The venture investor says it has now raised more than $820M in total for its investments. READ MORE>>.

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Versant Ventures Launches New Company, Lycia Therapeutics, With $50M

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San Diego-based venture investor Versant Ventures has launched a brand new company out of its Inception Discovery Engine incubator in San Diego, saying this morning it has invested $50M in Lycia Therapeutics. professor of chemistry and HHMI investigator at Stanford University.

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Atlazo Finds $3.4M For Healthcare IoT Technology

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San Diego-based Atlazo , a startup developing systems-on-a-chip (SoC) semiconductors aimed at used in healthcare and Internet-of-Things (IoT) applications, has raised $3.4M The funding round was led by the Tech Coast Angels, and the TCA's San Diego chapter. According to the TCA, its angel network members invested $2.5M