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Temasek Funds New AI Effort In San Diego, Aicadium

socalTECH

Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificial intelligence startup that is headquartered in San Diego 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.

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Quality Built Lands Investment Round From LA's Gallant Capital Partners

socalTECH

San Diego-based Quality Built , a provider of third-party, quality-assurance services to the residential and commercial construction industry, has received a private equity investment from Los Angeles-based Gallant Capital Partners. Size of the investment was not announced.

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San Diego Tech Roundup: Ezoic, Trust & Will, Oska Wellness & More

Xconomy

Summer can be a slow time in San Diego, but its startups have stayed busy. Sageview Capital, an investment firm with offices in Palo Alto, CA, and in Greenwich, CT, was the lone investor that participated in the deal. Based in Carlsbad, in northern San Diego County, Ezoic launched its platform in 2011.

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Illumina Ventures Raises $230M Venture Capital Fund

socalTECH

Illumina Ventures , the early-stage venture capital investor which was founded by San Diego-based life sciences equipment maker Illumina , says it has raised $230M for its first fund. The venture investment fund was founded by Nicholas Naclerio, Ph.D., The fund launched in summer of 2016 with $100M from Illumina.

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Launch Factory Finds $2.5M For Venture Studio

socalTECH

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.

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Versant Ventures, MPM Capital Launch Gene Therapy Startup, CODA Biotherapeutics

socalTECH

San Diego-based biotech investor Versant Ventures , along with MPM Capital , said today that they have launched a new startup, CODA Biotherapeutics. The companies said they invested $19M in the Series A funding for CODA Biotherapeutics, along with Astellas Venture Management and Novartis. READ MORE>>.

Capital 100
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ServiceNow Launches Its Own Venture Investment Arm, ServiceNow Ventures

socalTECH

ServiceNow , the developer of service management software led by Frank Slootman--and which started in San Diego--has launched its own venture capital arm, ServiceNow Ventures. ServiceNow did not say how much it is dedicating to investments.

Invest 100