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University of California Plans $250M Venture Capital Fund

socalTECH

Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital. fund investment capital venture ucsb ucla investor regent ucsd kitepharma finance' Image courtesy Chris Radcliff , via Flickr.

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UCSD Spinout Antiva Biosciences Gets $22M

socalTECH

The funding was led by Brace Pharma Capital, an also included NS Investment, Osage University Partners and Alexandria Venture Investments, plus Canaan Partners and Sofinnova Ventures. Vinzenz Ploerer of Brace Pharma has joined the company's board with the new funding. Karl Hostetler of The University of California San Diego. READ MORE>>.

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Biotech Startup Licenses Technology From UCSD, Raises $18M

socalTECH

The funding round was led by venBio, and also included Aeris Capital. Solstice, which is based in San Francisco, said the technology was licensed from the University of California, San Diego, and is based on research from Professor Steven Dowdy , Ph.D., and his colleagues at UC San Diego School of Medicine. READ MORE>>.

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UC San Diego Spinout Gets $15M From Bill Gates

socalTECH

The funding round was led by Bill Gates and Madrona Venture Group, and also included Vulcan Capital, Lux Capital, The Kresge Foundation, and others. echodyne metamaterials spinout ucsd duke venture capital radar bill gates materials' The company is based in the Seattle, Washington area. READ MORE>>.

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Comhear Collects $12M

socalTECH

The company said its technology is based on research from the University of California San Diego (UCSD). Comhear develops audio enhancing software. READ MORE>>.

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EvoNexus, UC San Diego Team On FinTech Efforts

socalTECH

According to the two, the partnership will help students and alums of UCSD Rady, by creating an "entrepreneurial path" for them into the EvoNexus FinTech Incubator. Financial details of the link between EvoNexus and UCSD were not announced. READ MORE>>.

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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

We’ve also seen a substantial inflow of venture capital from all over the world.”. Meanwhile, UCSD in San Diego has a deep bench of biotechnology expertise stemming from its proximity to the Sanford Consortium for Regenerative Medicine, the Salk Institute, and the Scripps Research Institute.