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The moves are sure to be welcome news to Orange County entrepeneurs, who have not had as many options as companies in the Los Angeles and SanDiego areas, in terms of incubation/acceleration programs.
EvoNexus , the SanDiego-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.
Startup entrepreneurs in SanDiego have yet more resources at the EvoNexus startup incubator, after EvoNexus and Cisco said that they will be launching a new, joint incubation program called CiscoEIR@EvoNexus. evonexus cisco startup entrepreneur incubator accelerator' READ MORE>>.
SanDiego-based Independa , the developer of technology to help senior citizens live independently longer, has been selected for SanDiego's EvoNexus incubator. The firm recently announced a second round of seed funding for the firm. READ MORE>>.
SanDiego-based Sense4Baby , a brand new starting spawned out of the West Health Institute, has licensed a wireless fetal monitoring system from West Health, and moved into that firm's new incubator. West Health Instute said that Sense4Baby will become the first company in its new West Health Incubator.
The University of SanDiego has received $1M from the incubator arm of Intellectual Ventures , the investment fund which was founded by recently deceased Microsoft co-founder Paul G. The Legler Benbough Foundation provided a $250,000 matching contribution to the new effort, with ISF providing $750,000. READ MORE>>.
SanDiego-based startup incubator operator EvoNexus is launching a brand new, financial technology (Fintech) incubator, in a partnership with Royal Bank of Canada (RBC) and Franklin Templeton , the incubator announced this morning.
SanDiego-based Portfolium , a startup developing an online platform to share a students'' academic portfolio, has raised $900,000 in a seed funding, according to startup incubator EvoNexus. The funding came from the Tech Coast Angels, Taner Halicioglu of Keshif Ventures, and others. READ MORE>>.
SanDiego-based MicroPower Technologies , which develops wireless, solar-powered surveillance hardware, has raised $5.7M in an equity funding, the firm said this morning. The funding came from Karmel Capital and others. The company said the new funding will go towards product development, sales, and marketing.
SanDiego- and Irvine-based startup incubator EvoNexus announced today that it has started accepting applications to a new startup incubation effort it is running with high tech material company EMD Performance Materials. EMD is owned by Merck KGaA, Darmstadt, Germany.
Favor , a on-demand, mobile delivery app developer, said today that it will be expanding into SanDiego in the coming months, thanks to a new, $13M funding round. SanDiego will be the company''s first foray into California. Favor was part of the SLO HotHouse incubator/accelerator. READ MORE>>.
SanDiego-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.
A couple of weeks ago, twelve companies moved into the new downtown SanDiego, EvoNexus incubator--which is run by CommNexus. Running that effort is Kevin Hell , the founder of DivX, who we caught up with to learn more about EvoNexus and how the group is trying to help grow technology startups in San Dieog.
Newly funded and launched startup Crash --backed by Idealab--said today that it has launched its iOS-based attraction discovery app and website. The firm described itself as a combination of "Yelp meets Foursquare meets Instagram", and is initially launching the app in Austin, Hawaii, Los Angeles, SanDiego and San Francisco.
GroGuru , a startup developing irrigation automation technology for the agriculture industry, has raise $250,000 in a seed funding from Western Growers and Radicle Growth. GroGuru is part of SanDiego- and Irvine's EvoNexus startup incubator, and develops a precision soil and irrigation monitoring system. READ MORE>>.
SanDiego-based Launch Factory a new "venture studio" which is looking to recruit entrepeneurs to help it launch vetted business concepts, recently raised $2.5M in funding, according to the group. The funding came from a number of angels, including Broadway Angels, SanDiego Venture Partners, and TI Platform Management.
SanDiego-based IO Semiconductor , a semiconductor firm which is one of the firms in the CommNexus EvoNexus incubator program, has raised $1.0M in a funding round, according to a regulatory filing by the firm this week. According to the filing, the funding is part of a $14.0M fundraising effort by the company.
SanDiego-based Portfolium , a startup developing tools to allow students to showcase their achievements, projects, and other portfolio of academic work to potential employers, has been acquired by educational software provider Instructure , the two announced late Tuesday. Financial details of the acquisition were not announced.
Chino, California-based J2 Innovations , a startup developing building automation and operating systems for connecting and controlling devices, is one of ten early stage companies that are joining a clean tech startup incubator run by Wells Fargo. READ MORE>>.
SanDiego-based Qualcomm said this morning that it has launched a new, SanDiego startup accelerator, which is being powered by Techstars. Qualcomm said it will invest a total of $1M in funding to support program participants, and will initially select 10 companies to participate in the program. READ MORE>>.
SanDiego-based ZeaKal , a plant sciences startup focused on developing technology to increase the yield and oil content of crops, said this morning that it has raised $3.8M in a Series A funding. The round was led by Finestere Ventures, Two Oceans, and the Missouri Soybean Merchandising Council (MSMC). READ MORE>>.
La Jolla-based Perminova announced Tuesday that it has raised $7M in a funding round, which it will use to develop its web-based cardiovascular procedure software. Perminova said the funding is split between $3M in a Series A, and $4M in a equity credit facility. Source o the funding was not announced. READ MORE>>.
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>>.
SanDiego-based venture investment fund Avalon Ventures has made a seed investment in a developer of a social shopping service, LoopIt , according to the companies. Size of the funding was not announced. and is a spinout of Redstar Ventures, a venture incubator firm in Cambridge. LoopIt is based in Cambridge, Mass.,
SanDiego-based Independa , which develops remote health management and monitoring systems for the elderly, said today that it has raised $2.35M in a convertible note funding. of the funding had been announced by the company last September. The company is part of the SanDiego EvoNexus business incubator.
Among those funds is TYLT Lab (www.tyltlab.com), which recently announced a new, $20M early stage investment fund specifically focused on companies here. We spoke with Rami Rostami and Gerard Casale , who are behind TYLT Labs, and who told us a bit about their new fund, its investment criteria, and where it sees the promise here.
SanDiego-based wireless communications module developer On-Ramp Wireless announced Wednesday that Kevin Hell, the former CEO of DivX, has joined the company as President and CEO. Hell sits on the boards of Hold-Free Networks, Perminova, Inc, MicroPower Technologies and Pixon Imaging, Inc.
La Jollla-based MANTA Instruments , a developer of technology for characterizing nanoparticles, has raised a round of seed funding, from Triton Technology Fund. Size of the funding was not announced. The company is part of the EvoNexus startup incubator, and is led by Rick Cooper.
SanDiego-based Reflexion Health , a new startup using Microsoft's Kinect for physical therapy products, has raised $4.25M in a funding round, the company said this morning. Reflexion Health has also moved into West Health's business incubator. Reflexion Health has also moved into West Health's business incubator.
Startups in the Internet-of-Things (IoT), analytics, and security areas looking to join the EvoNexus startup incubator, need to submit their applications by Friday, August 23rd, according to the startup incubator.
SanDiego-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 in a seed funding round. The funding round was led by the Tech Coast Angels, and the TCA's SanDiego chapter. in the round.
SanDiego-based wireless video surveillance developer MicroPower Technologies --which was part of the EvoNexus business incubator--said this week that it has started up a financing program, to spur demand for its surveillance systems. The company raised a round of funding last August. READ MORE>>.
Peter Csathy , the CEO of SanDiego''s Sorenson Media , and digital media veteran, has departed the company, and will head up a new legal and investment group formed by Manatt, Phelps & Phillips. The new digital media venture from Manatt was created by Los Angeles partner T.
SanDiego- and Irvine-based startup incubator operator EvoNexus says it is looking to attract financial technology (fintech) startups, and is now accepting startup applications for a new financial technology incubator it has launched with Franklin Templeton and Royal Bank of Canada. READ MORE>>.
SanDiego-based venture investor Versant Ventures has launched a brand new company out of its Inception Discovery Engine incubator in SanDiego, saying this morning it has invested $50M in Lycia Therapeutics. professor of chemistry and HHMI investigator at Stanford University.
SanDiego-based life sciences giant Illumina says it has made investments in seven startups, as part of its accelerator program, the Illumina Accelerator. The company said that the investments were made as part of two different programs, the Illumina Accelerator Cambridge, UK, and the Illumina Accelerator San Francisco Bay Area.
SanDiego-based technology incubator EvoNexus , which has locations in both SanDiego and Irvine, has named six new members of its board of directors, the group said this week. billion in total funding, with 22 startups acquired out of its companies. READ MORE>>.
EvoNexus is an incubator for early stage high tech companies in the SanDiego area. Overview of EvoNexus application process and facility tour. See [link] (more).
SanDiego-based Tear Film Innovations , a developer of a medical device for treating "dry eye", has raised $9M in a Series A funding, the company said this morning. The funding round was led by Visionary Ventures Fund and Tigris Ventures. Tear Film Innovations is led by CEO and President Rob Thornhill.
Healthtech entrepreneur Parker Hinshaw and his wife Jean Balgrosky said they intended to take a step back when they founded Bootstrap Incubation near SanDiego in the fall of 2012. They came to SanDiego in 1996, when Scripps Health hired Balgrosky as CIO and senior vice president. Jean Balgrosky.
VelosBio joined Johnson & Johnson’s JLABS @ SanDiegoincubator in January. The new VelosBio cash, a Series A round of financing, was led by Arix Bioscience (LSE: ARIX ) and Sofinnova Ventures. The company is developing antibody drug conjugates, a class of cancer drug that links antibodies to potent cancer-fighting toxins.
SanDiego-based TruMed Systems , a developer of automated, vaccine dispensing systems for physician''s offices, has raised $5.5M in a Series B funding, according to the EvoNexus incubator. Other details on the funding were not announced.
Meanwhile, UCSD in SanDiego 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.
SanDiego-based MicroPower Technologies , which develops wireless, solar-powered surveillance cameras, said this week that it has named a new VP of Engineering. MicroPower has previously raised funding from Karmel Capital, Motorola, and the Tech Coast Angels. MicroPower also was part of the EvoNexus startup incubator.
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