San Diego Life Sciences Roundup: MedCrypt, LunaDNA, Dynacure & More

Xconomy

Let’s catch up with the latest life sciences news in San Diego. million Series A funding round. The company says it will use the new funds to hire new salespeople and engineers and further develop its technology, which medical devices vendors use to secure data traveling between or stored on devices. — Cybersecurity company MedCrypt, which makes software to protect medical devices, raised a $5.3

San Diego Tech Roundup: Bitmo, Dvele, Cybersecurity Report & More

Xconomy

—Mobile app startup Bitmo announced it had raised more than $3 million in seed funding from investors including Everplus Capital, Longboard Capital Advisors, and several Southern California-based family fund offices. Bitmo’s mobile app allows users to send and receive digital gift cards that can be switched between a number of stores. The company says it has about 130 national brands on the platform, including Nike, Nordstrom, and Old Navy.

Reali Launches In San Diego

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Reali , a Silicon Valley real estate startup backed by Zeev Ventures, Signia Venture Partners, and others, has officially launched in the San Diego company. Reali announced a $20M, Series B funding in July which it said it would specifically use for the expansion to Southern California. As part of Reali's move into San Diego, the company said it is launching a new nonprofit effort called Reali for Good, a program which will support U.S.

San Diego's Seismic Snags $100M, Joins Unicorns

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San Diego-based Seismic , a developer of sales and marketing software, has raised $100M more in a funding round, which values the company at $1 billion, the company said on Tuesday. The funding round came from Lightspeed Venture Partners, T. Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures. The startup, led by CEO Doug Winter, develops software used to enable sales and marketing efforts in the enterprise.

Connect, San Diego Venture Group Announce Plan to Merge Operations

Xconomy

Connect, which runs the San Diego region’s longest-standing accelerator program for early-stage startups, is combining its operations with that of the San Diego Venture Group to form an organization that will be better equipped to support young ventures, the two companies said this week. The previous Connect’s president and CEO of five years, Greg McKee, stepped down earlier this year to launch Torrent Ventures, a venture fund.

Xconomy Awards San Diego CEO Finalists Show How To Build Value

Xconomy

Often, that means persevering in pursuit of a mission, whether that’s proving a new class of drugs can work, turning around a company that’s facing financial difficulties, battling much larger competitors, convincing investors to back cutting-edge technology, or successfully building a company in an area that has been historically poorly funded. Each of the finalists in the CEO category for the first-ever Xconomy Awards San Diego program have shown this kind of mettle.

Raken Expands In San Diego

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San Diego-based construction compliance and reporting software developer Raken announced this morning that it is expanding its footprint in San Diego, and has moved into a new space at make (cq) in Carlsbad. Raken recently raised $2M in a funding round from Rincon Venture Partners, Eniac Ventures, and Spider Capital. raken diego construction compliance reporting software growth expansion headquarters

Beacon Discovery Expands in San Diego

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San Diego-based Beacon Discovery , a company focused on orphan GPCR drug discovery, says it is expanding its San Diego facility, as part of a partnership with Escient Pharmaceuticals. According to Beacon Discovery, the expansion in San Diego is being driven by Escient's recently $40M Series A funding, which will go towards development of therapeutics targeting Mas-Related G-Protein Receptors (Mrgpr).

Inscripta, With Offices In San Diego, Finds $20M For Series C Funding

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Gene editing technology developer Inscripta , which has one of its offices in San Diego, saidt his week that has added another $20M in funding to its Series C round, bringing the round to a total of $105.5M. According to Inscripta, the new funding came from its existing investors, including Venrock, Foresite, Mrieux Dveloppement, Paladin Capital Group, MLS Capital, and NanoDimension.

$100M Round Turns San Diego’s Seismic into Region’s Newest Unicorn

Xconomy

The venture investment, which the San Diego startup announced Tuesday, is one of only a few so-called mega-rounds—$100 million or more—recorded this year in the region. (In Seismic, an enterprise software company with ambitious growth plans, has raised $100 million in a Series E financing and added Microsoft chairman John W. Thompson to its board of directors.

15 San Diego Companies Chosen for Defense Innovation Program

Xconomy

A federally funded pilot program will provide 15 local defense contractors with free consulting services and six monthly “boot camp” workshops as part of a regionwide effort to help such companies better prepare to navigate changes in federal defense funding.

Viracta, Neurelis & More: The Latest in San Diego Biotech

Xconomy

Even as all eyes were on the American Society of Hematology (ASH) conference in downtown San Diego this week, other biotech companies were staying busy. Let’s get caught up with the latest life sciences news in San Diego. The San Diego biotech is developing therapies for cancers related to the Epstein-Barr virus.

10 San Diego Startups to Compete at Region’s Top Pitch Competition

Xconomy

Ten tech startups will vie to impress a panel of six judges and hundreds of attendees at San Diego’s biggest pitch contest later this month. Launched in 2006 by San Diego’s Tech Coast Angels, the annual John G.

San Diego Life Sciences Roundup: Evofem, Cullgen, BrainLeap & More

Xconomy

Locally based biotech companies receive fresh funding from investors. Get the details on these developments and more in San Diego life sciences news: —Evofem Biosciences (NASDAQ: EVFM ) struck a deal to raise up to $80 million in a private placement. A software startup launches games that it says may help children with disorders that cause attention difficulties.

San Diego Startup Raises $2.3M to Advance Enzymatic DNA Synthesis

Xconomy

Molecular Assemblies , a San Diego startup developing a new enzymatic method for synthesizing DNA, said today it has raised $2.3 million in a seed financing round.

Plug and Play San Diego Finds Home in New Downtown Works Space

Xconomy

Plug and Play San Diego has formed a partnership with Downtown Works, a new co-working space in downtown San Diego, which will give the local Plug and Play program a place to call home.

San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

San Diego’s innovation clusters continued to grow in 2015, as local startups, funding deals, and job growth extended an economic growth spurt that began in 2013. Innovation Companies in San Diego (Courtesy Connect Innovation Report).

Twist Bioscience Expands In San Diego

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San Francisco-based synthetic DNA developer Twist Bioscience Corporation is in a big expansion, saying it has opened up a new office in Carlsbad. Twist is venture backed by such investors as Biomatics Capital, plus Reinet Fund S.C.A., NFT Investment Limited, KANGMEI Group, Bay City Capital GF Xinde Life Science Investment Fund, 3W Partners Capital and Ditch Plains Capital Management LP. twist bioscience diego growth expansion lifescience employees jobs sequencing

San Diego Founder Institute Deadline Nears

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One of the groups trying to help local startups in their efforts to find funding and get to the next leve, the Founder Institute , said this morning that its early deadline for its Spring 2013, San Diego session is this Sunday. classes mentoring startups diego institute founder

Nimble Pharmacy, With Services In San Diego, Adds $28M

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Nimble Pharmacy , a pharmacy delivery startup which currently offers up service in just San Diego and the Bay Area, has raised $28M in new funding. The funding was led by Sequoia Capital, and also included Y Combinator, First Round Capital, DAG Ventures and Khosla Ventures. San Diego is only one of two markets served by Nimble Pharmacy, which plans to use the new funding for expansion into new markets.

San Diego's Go Fund Me Helps Fund Ferguson Rebuilding

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An analysis published today, shows that efforts on San Diego crowdfunding startup Go Fund Me are rivaling government help in rebuilding businesses damaged by unrest in Ferguson, Mo., According to the WSJ, businesses in the area have raised $447,1998 on Go Fund Me, versus around $657,235 in aid from the Small Business Relief Program. Go Fund Me was founded by Brad Dampshouse and Andy Ballester.

Xconomy Guide to Best Sessions at Startup Week San Diego

Xconomy

Startup Week San Diego, like a lot of other places that host similar events, has been billed as a weeklong celebration of entrepreneurship. This year’s Startup Week also has added five new tracks intended to highlight San Diego’s strengths as a startup ecosystem.

Health IQ Finds $34.6M, Plans San Diego Hiring

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in a Series C funding round, which it said partially go to expanding hiring at its San Diego offices, the company announced on Wednesday. The funding was led by Andreessen Horowitz, and also included include Charles River Ventures, Ribbit Capital, Foundation Capital, First Round Capital, Felicis Ventures and Western Technology Investments. Health IQ has positions in sales and account management listed from its San Diego offices.

Dutch Biotech Raises $19M to Develop Psoriasis Drug Near San Diego

Xconomy

While Escalier Biosciences BV is based in the Netherlands, the company is managed by its subsidiary, Escalier Biosciences, based near San Diego in coastal Encinitas, CA, according to Chris Krueger, Escalier’s chief business officer.

Anzu Partners, With Offices In San Diego, Raises $128.4M Venture Fund

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Anzu Partners , a venture capital and private equity investors focused on industrial technology with offices in the San Diego area, has quietly raised $128.4M in its first venture capital fund. revealed its fund in December, saying it invests in breakthrough industrial technologies, with a focus on manufacturing, materials, monitoring and measurement, and modeling. anzu partners diego venture capital private equity carl eibl enterprise connect lajolla

Big VCs Join Xconomy in San Diego to Discuss Big Data, Big Biology

Xconomy

In the Boston office of GE Ventures, managing director Alex de Winter is overseeing investments in companies like Veracyte, which is applying machine learning to genomic sequencing technology to help doctors distinguish benign growths from cancer.

Startup Weekend San Diego | Veterans, Service Members & Military Families

Tech Zulu Event

The event was held in the heart of Balboa Park at the Hall of Champions near Downtown San Diego. The winners of Startup Weekend San Diego: Veterans & Military Families.

Stealthy San Diego-based Viracta Steps Into Light with $18.5M

Xconomy

Viracta Therapeutics, a San Diego anti-cancer biotech that has been operating below the radar for nearly two years, is today disclosing an initial closing on what could amount to as much as $18.4

San Diego VC Funding Hits $547.2M in Q1; Ideaya Leads Top 10 Deals

Xconomy

million into 37 startup companies throughout San Diego County during the first three months of 2018, maintaining roughly the same level of venture funding seen in recent quarters, according to the Venture Monitor Report. The amount of capital invested in the San Diego area was up slightly from the $541.2 Venture capital investors sank $547.2

Shift Launches Online Car Buying, Selling Service In San Diego

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Shift , an online car buying and selling startup based in San Francisco, said on Thursday that it has launched buyer operations in San Diego, allowing people to buy and sell cars in the market. The startup is backed by more than $73M in funding from DFJ, Highland Capital, and Goldman Sachs Investment Partners.

A Need for Speed: Illumina Acquires San Diego’s Edico Genome

Xconomy

With the Bio-IT World Conference opening today in Boston, San Diego-based Illumina (NASDAQ: [[ticker:ILMN) said it has acquired Edico Genome, a five-year-old startup with technology to accelerate the readout of next-generation sequencing data.

San Diego Startups Raise $287M in Third Quarter, and Top 10 Deals

Xconomy

Venture Capital investments in San Diego startups fell by roughly a third during the three months that ended September 30, according to data released recently by Seattle-based PitchBook and the National Venture Capital Association. million in 49 startups in San Diego County during the third quarter, according to a breakout of data provided by PitchBook as part of the inaugural “Venture Monitor” report. billion in 1,810 funding deals in 1,796 companies.

San Diego Life Sciences 2022: Photos and Takeaways

Xconomy

Nevertheless, Xconomy recently brought together some of San Diego’s most prominent life sciences leaders to offer their vision for what the regional biotech cluster will be like in five years. They broadly agreed that San Diego has proven itself as a great seedbed for life sciences startups. View the Slideshow Making predictions can be a tricky business.

San Diego’s Amplyx Raises $67M to Advance New Anti-Fungal Drug

Xconomy

After completing an early stage evaluation of its broad-spectrum anti-fungal drug, San Diego’s Amplyx Pharmaceuticals said Wednesday it has raised $67 million in a Series C financing round led by a new investor, Sofinnova Venture Partners.

Peach Raises $8M To Expand Beyond San Diego, Seattle

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Lunch delivery service Peach , which provides office dwellers in San Diego and Seattle with an algorithm-driven, curated lunch service, is expanding beyond its two initial markets, into Boston and DC, thanks to a new $8M funding round. Peach said the funding round comes from Madrona Venture Group and Vulcan Capital. Peach is based in Seattle, but has been in San Diego since May. service delivery lunch algorithm seattle diego peach