Tue.Sep 10, 2019

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ZeaKal Raises $15M More For Crop Efficiency Efforts

socalTECH

San Diego-based ZeaKal , a startup which is working on technology to improve the photosynthetic capacity and efficiency of plants, announced on Tuesday that it has raised $15M in a Series C funding round. The funding came from Canopy rivers, Finistere Ventures, and Middleland Capital. As part of the funding round, ZeaKal said that Paul Shickler, the former president of DuPont Pioneer, has joined the company as a part of its leadership team, working on driving strategy and partnership opportuniti

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Herceptin Inventors, Immunology Pioneers Take Home 2019 Lasker Awards

Xconomy

This year’s Lasker Awards, the US’s most prestigious biomedical honor, are going to five scientists whose work led to a critical breast cancer treatment and significant basic research advances that have helped pave the way for immunotherapy. H. Michael Shepard, Dennis Slamon, and Axel Ullrich won the Lasker-DeBakey Clinical Medical Research Award for inventing trastuzumab (Herceptin) , the Genentech antibody drug for HER2-positive breast cancer, a form of the disease that afflicts more than 50,0

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Vid Gets Strategic Funding

socalTECH

Los Angeles-based Vid , a startup developing a social video platform, announced late Monday that it has received a strategic investment from Ontology, a developer of blockchain technology. Financial terms of the investment were not announced. Vid--which has yet to launch its product--says it is developing a video journaling application, where data is secured through "zero-knowledge" encryption and which is powered by Blockchain.

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Your Car Is Hackable—Here Are Three Steps You Can Take

Xconomy

We’re used to protecting the information on our smartphones by keeping strong passwords and setting a lock screen. But fewer people know about the importance of protecting the information in their vehicles. Earlier this year, the automotive shopping website CarGurus asked 1,020 consumers questions about common security practices and the risks of connected cars.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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Fitplan Finds $4.5M For Personal Training App

socalTECH

Los Angeles-based Fitplan , which develops a mobile app focused on personal training, wellness, and fitness, has raised $4.5M in a funding round, according to the company. The company said the funding was led by Corazon Capital, and also included pro baseball player Alex Rodriguez, plus Mark Mastrov, the founder of 24 Hour Fitness, and also included Lerer Hippeau, Bullpen Capital, Imaginary and Advancit Capital.

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After First Look at House Drug Plan, Stocks Rise Slightly

Xconomy

The first details of the long-awaited House Democrat plan to lower drug prices leaked out Monday night, with elements that have long been anathema to the biopharma industry and its supporters in Washington. While the world digested the details Tuesday, however, biopharma investors didn’t seem fazed. Some individual companies saw shares dip, but the biopharma indices of the Nasdaq and New York Stock Exchange were both up slightly at Tuesday’s close.

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San Diego Life Sciences Roundup: SGI-DNA, ZeaKal, DelMar Pharma & More

Xconomy

Fall is finally arriving, as indicated by the recent shortened work week, and few may object given the unseasonably hot, muggy weather San Diego has been experiencing recently. Track down somewhere with AC, then catch up on recent developments in the local life sciences scene. —SGI-DNA, a recent spinout of Synthetic Genomics (SGI), has raised a $25 million Series A financing round led by Northpond Ventures.

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FloQast Connects With Workiva

socalTECH

Los Angeles-based financial close management software developer FloQast has partnered with reporting and compliance software developer Workiva , the two said this morning. According to Workiva and FloQast, the partnership will include product integration and bilateral referrals between the two companies, aimed at high growth private and public companies.

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