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in venturecapital investments in Q2 2013 across Southern California, spread across 80 deals. However, venture dollars invested were above Q1, when Southern California saw $569.1M invested across 17 deals; SanDiego was third, with $147.75M in 18 deals. in investments across 90 deals. invested across 45 companies.
Illumina Ventures , the early-stage venturecapital investor which was founded by SanDiego-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., READ MORE>>.
SanDiego-based Dexcom, which develops equipment for continuous glucose monitoring for people with diabetes, has launched its own venturecapital fund, Dexcom Ventures. The company said its venturecapital arm will be led by Steve Pacelli.
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 venturecapital from all over the world.”.
The latest venturecapital totals from the PricewaterhouseCoopers/National VentureCapital 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.
Let’s catch up with the latest tech news in SanDiego. —SanDiego’s AON Devices was among 10 startups selected to compete at a recent pitch competition hosted by the corporate venturecapital arm of Qualcomm (NASDAQ: QCOM ).
The latest numbers from the PricewaterhouseCoopers/National VentureCapital Association MoneyTree report were released today, finding that a total of $683.7M billion in venturecapital. Los Angeles had a total of $311.25M in deals for the quarter, followed by Orange County with $197.8M, then SanDiego, with $174.6M
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.
in a Series C funding round, which it said partially go to expanding hiring at its SanDiego offices, the company announced on Wednesday. Health IQ plans to use the funding to fuel hiring in its Mountain View and SanDiego offices, continue product development and accelerate customer growth, according to the company.
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.
SanDiego-based Soci , a developer of a social content discovery engine and social media marketing software product, has raised $1.5M The company said the round was led by angel Peter Fischer (Shepherd Ventures) and Silicon Valley Growth Syndicate. soci social media marketing venturecapital content discovery'
Biotech venturecapital investor Sofinnova , which has offices in SanDiego, announced that it has raised $650M in its newest fund, Sofinnova Venture Partners X. Sofinnova says it invests in biotechnology companies that are developing drugs that address high unmet medical needs and improve the lives of patients.
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.
Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by VentureCapital 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 Vionic , a developer of technology for helping companies create social media deals and promotions, said Wednesday that it has raised $900,000 in a funding round. vionic social offers venturecapital angel media software advertising' The funding came from angel investors. READ MORE>>.
SanDiego-based StackIQ , which develops IT automation tools for the enterprise, has raised $6M in a Series B funding round, according to the company. The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as well as Anthem Venture Partners and Avalon Ventures.
SanDiego-based venture investor Avalon Ventures has scored an exit this morning, after IBM said it has acquired Boston-based Cloudant , a developer of a NoSQL-based, cloud-based database. cloudant venturecapital merger acquisition exit cloud software nosql database' in funding. in funding.
SanDiego-based Nervana Systems , a startup developing hardware specifically aimed at artificial intelligence software, has raised $600,000 in a funding round. The company--led by Naveen Rao--says it is developing computer hardware specifically for "deep learning". Aditya Agrawal, Ruchi Sanghvi, and SV Angels.
Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venturecapital firms in the country. The VC partner, somebody I greatly respect said, “Yeah, we like Gil and what they’re doing. That’s convenience when your VC is hoping to write the next $20 million check.
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.
SanDiego-based Qualcomm has made an investment into a company developing systems-on-a-chips and processors specifically for the wearables market, Ineda Systems. ineda systems power chip qualcomm cisco venturecapital semiconductor' Qualcomm apparently had also invested in the company''s Series A funding.
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 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 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 venturecapital investor Mission Ventures has seen an exit in its venture portfolio this morning, at data science and Hadoop software developer Alpine Data. Robert Kibble of Mission Ventures held a board of directors seat on Alpine Data's board of directors. in funding.
SanDiego's TVC Capital has made another investment in a growing software firm, this time in Washington State. Limeade , a developer of software-as-a-service tools to manage employee wellness programs, said today that it has raised $5M in a funding round from TVC, which it will use for innovation and servicing its customers.
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.
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- 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.
SanDiego-based Independa , the developer of electronics products and software to help seniors live independently longer, has raised $5M in its Series A funding round, the firm announced this morning. The firm said the funding came from City Hill Ventures, strategic partner LG Electronics USA, and other investors.
Wiliot , an Israel- and SanDiego-based RFID technology developer, has received $30M more in a funding round, the company said on Monday. The funding, a Series B, came from Amazon Web Services, Samsung Venture Investment Corp., and Avery Dennison Corp. The company's tags are aimed at use in such products as clothing.
SanDiego-based Qualcomm Ventures , the venturecapital arm of Qualcomm, has made investments in four companies working on 5G technology and products. According to Qualcomm Ventures, it made strategic investments in Celona , Cellwize , Azion and Pensando. Size of the investments were note disclosed.
SanDiego-based virtual reality startup Nanome, which is developing technology to help researchers explore the interaction of molecules and molecular compounds using VR, has raised $3M in a funding round, the company disclosed today.
SanDiego-based venturecapital investment firm Versant Ventures has launched a new biotechnology company, Bright Peak Therapeutics , in Basel, Switzerland, the company announced this morning. READ MORE>>.
RiverVest Venture Partners, a St. Louis, MO-based venturecapital firm with additional offices in SanDiego, CA, and Cleveland, OH, has raised $184.4 Since its launch, RiverVest has invested in 47 companies working to develop new drugs and medical devices.
This writeup from industry analyst Karl Guttag showcases how Magic Leap has turned away from several of the key technologies it raised billions of dollars to develop with its latest hardware which he nevertheless believes will “blow away” the HoloLens 2 in image quality. ” my colleague Aisha notes.
Modern Meadow , a firm whose founders were previously co-founders of SanDiego's Organovo , has scored funding to make manufactured, 3D printed meat a reality. Modern Meadow is looking to developing "high value, food grade animal protein"--including meat and hide--using 3D bioprinting technology.
SanDiego-based Ascus Biosciences , a developer of feed supplements for animal health and nutrition, said this week that it has raised $46M in a Series B funding round.
For today's interview, we sat down and chatted with >Zeb Evans, the founder and CEO of SanDiego-based ClickUp (www.clickup.com), the developer of a workplace productivity software platform which is based by such companies as Google, Airbnb, and Nike. ClickUp has raised $135M in venturecapital so far.
SanDiego-based Qualcomm has backed Israeli digital farming startup Prospera , in a $15M funding round, Prospera said today. The round came via Qualcomm's venturecapital arm Qualcomm Ventures. The funding also included Cisco Investments, ICV, and Bessemer Venture Partners.
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 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 Trust & Will , which operates an online estate planning service, has raised $15M in a Series B funding round, the company said on Tuesday. The company said the new funds will go towards expansion of its sales and marketing efforts, as well as for product development. READ MORE>>.
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>>.
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