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 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.

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EY Names 6 Startup Leaders as San Diego Entrepreneurs of the Year

Xconomy

Six San Diego business risk-takers have been inducted into the pantheon of EY Entrepreneurs of the Year, joining over 10,000 people around the world who have been honored over the last 30 years by the multinational professional services firm.

Startup Pioneers EV-to-Grid Technology in Pilot at UC San Diego

Xconomy

Nuvve , a San Diego cleantech startup, has begun a pilot project with UC San Diego that is intended to demonstrate the feasibility of using electric vehicles as a kind of collective energy storage reservoir for the power grid. million grant from the California Energy Commission this week, Nuvve and UC San Diego said the company would install its “vehicle-to-grid” (V2G) charging system in 50 new EV chargers at UC San Diego.

San Diego VC Funding at $426.6M in Third Quarter; Plus Top 10 Deals

Xconomy

The San Diego artificial intelligence company Brain Corp. topped the chart for raising the most venture capital in San Diego during the third quarter that ended September 30, according to Venture Monitor data released Tuesday. raised $114 million in a Series C funding round led by Softbank’s new $100 billion Vision Fund.

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).

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Finistere Plants Investment Seed in Ireland With $24M Agtech Fund

Xconomy

Arama Kukutai believes that in coming years, Ireland will send the United States and the rest of the world something different: innovative agricultural technologies that help make farms more productive and profitable. To that end, Kukutai’s venture capital firm, Finistere Ventures, is joining with the Ireland Strategic Investment Fund to launch a new 20 million euro ($24 million) fund that will invest in emerging agtech startups in Ireland.

Venture Group’s Krenn Sees Improving VC Deals for SD Tech Startups

Xconomy

Call him an optimist if you must, but San Diego Venture Group president Mike Krenn says venture financings for San Diego’s early stage tech startups are on a tear. “I As head of the non-profit organization supporting local startups, Krenn says the venture group will help to bring over 150 VCs to San Diego this year, including many from Silicon Valley. A breakout of regional deal flow so far this year indicates that venture activity in San Diego.

New San Diego Biotech Looks to Open Way for Anti-Cancer Drugs

Xconomy

In early 2002, the Finnish-born scientist Errki Ruoslahti stepped down as CEO of what is now San Diego’s Sanford Burnham Prebys Medical Discovery Institute.

SmartDrive Raises Capital, Rolls Out Distracted Driving Technology

Xconomy

At the American Trucking Association Management Conference in Orlando, FL, this week, San Diego’s SmartDrive Systems announced that Michelin North America has led a new investment round in the company, though SmartDrive wouldn’t say how much it has raised. SmartDrive, founded in 2004, specializes in dashboard video cameras and related analytic technology to identify dangerous driving behavior.

Tealium Adds $35M to Expand Technology, Sharpen Customer Focus

Xconomy

Tealium, a San-Diego startup that provides online advertising tag management and marketing services for enterprise customers, has raised $35 million in a growth financing deal intended to expand its technology and market reach. Tealium also unveiled a new “executive briefing center” (pictured above) at its expanded San Diego headquarters. The company’s workforce has grown to about 270, including 80 in San Diego.

Avalon Leads $18M in Early Funding for Cancer Immunotherapy Startup

Xconomy

[ Note: The headline has been corrected to better describe the company’s type of funding. Fortis Therapeutics, a new San Diego biotech, has raised $18 million in initial funding to develop drugs for hard-to-treat prostate and bone marrow cancers.

New Biotech Viscient Partners with Organovo on Fatty Liver Disease

Xconomy

The San Diego company, founded a decade ago on 3D bio-printing technology developed by the University of Missouri’s Gabor Forgacs, appeared to be gaining momentum on multiple fronts.

Initiative to Boost SoCal’s Startup Scene Teams With GV Founder

Xconomy

A Silicon Valley entrepreneur has set out to boost the startup ecosystem in San Diego and the rest of Southern California—and he already has scored a coup by partnering with Bill Maris, the founder and former CEO of Google Ventures, now known as GV. Maris raised $160 million last month for the inaugural fund of Section 32, a new venture firm he founded.

San Diego Tech Coast Angels Honor John G. Watson With Memorial Fund

socalTECH

The San Diego chapter of the Tech Coast Angels , the largest angel investment group in Southern California, as well as the United States, said today that it has established a new, memorial fund, the John G. The fund has been started by a $1M gift from the family of John G.

With $18M, Reflexion Health Expands Physical Therapy Technology

Xconomy

Reflexion Health, a San Diego startup founded in 2012 at the nonprofit West Health Institute, is moving to commercialize Vera, its physical rehabilitation system based on Microsoft Kinect’s motion tracking technology.

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Countering Cybersecurity Turnover: 57 Companies That Do It Best

Xconomy

Research from the SANS Institute, a leading information security training provider, has identified 57 government contractors that do a better job of recruiting and retaining high-level cybersecurity professionals, based on the advanced technical certifications held by their employees.

Aquam Raises $26M to Expand Tech, Services for Aging Infrastructure

Xconomy

Aquam, a San Diego company with technology for cleaning out and re-lining aging utility pipelines, has raised $26 million in a growth capital round led by NewWorld Capital Group , a New York private equity firm that makes investments in sustainable energy and natural-resources related deals. The privately held company said the funding would.

Qualcomm and AT&T Partner to Use Wireless Network for Drone Flights

Xconomy

After signaling that it plans to operate drones via cellular technologies, San Diego-based Qualcomm says today it is working with AT&T to use commercial wireless networks for test flights beyond an operator’s visual line of sight.

ChromaCode Using $12M to Make Old-School PCR Tests More Powerful

Xconomy

With technology licensed from the California Institute of Technology, ChromaCode enhances the results of the industry standard real-time polymerase chain reaction (PCR) machines.

San Diego Startups Band Together For Job Fair

socalTECH

Highlighting the continued growth in demand for technical talent, a group of ten San Diego startup is banding together to attract job seekers to their companies, According to San Diego's SweetLabs , the software developer behind Pokki and OpenCandy, it and another nine startups will run an event December 1st called 10 Startups, $100 Million in Funding, 100 New Jobs. diego startups fair employment

Aira Raises $12M to Expand Services for Blind and Visually Impaired

Xconomy

After beta testing technology that provides remote assistant services for the blind, San Diego-based Aira has raised $12 million in a Series B round that it says will enable the company to expand its service to thousands of visually impaired users this year. Boston blog main Detroit blog main National blog main National top stories San Diego San Diego blog main San Diego top stories San Francisco blog main Texas blog main Aira Aira.io

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Avelas Bio Raises $20M to Push Cancer-Illuminating Biologic Agent

Xconomy

San Diego’s Avelas Biosciences , founded in 2009 to advance a fluorescing biologic agent intended to help surgeons differentiate cancerous tissue from healthy tissue, has completed a $20 million Series C round of venture funding. and San Diego’s Avalon Ventures.

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RNA Specialist Arcturus Therapeutics Gets $3M R&D Grant for CF Drug

Xconomy

San Diego-based Arcturus Therapeutics said today Cystic Fibrosis Foundation Therapeutics has agreed to provide $3 million to fund research and development of a new messenger RNA drug that could be broadly used to treat cystic fibrosis patients.

Illumina Accelerator Sees ‘Huge Impact in Genomics’ in New Startups

Xconomy

Illumina (NASDAQ: ILMN ), a San Diego-based company that was a pioneer in gene sequencing technology, founded the accelerator in 2014, along with Russian billionaire Yuri Milner. Genomics startups are increasing in number and quality, so much so that three-year-old Illumina Accelerator has expanded with its latest class to accommodate five of them.

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Todd Hylton Adds Neural Tech Expertise to UCSD Robotics Institute

Xconomy

UC San Diego has named Todd Hylton, a veteran tech industry manager and expert in neural-based processing technology, as executive director of its new Contextual Robotics Institute. in 2012, Hylton led a team that developed BrainOS, software technology designed to enable robotic systems to adapt to their environments and learn from humans. Hylton’s appointment comes less than two months after UC San Diego named Henrik Christensen as director of the robotics institute.

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SoftBank-led $114M Round Puts Qualcomm’s Brain Corp. on New Path

Xconomy

San Diego’s Brain Corp., SoftBank’s new Vision Fund has led a $114 million investment to advance the company’s artificial intelligence technology. was the only other investor in the Series C funding round. SoftBank’s share of the funding (the split was not disclosed) came from what has been described as the biggest tech fund in history.

Edico Genome Raises $22M to Expand Data Processing and Web Services

Xconomy

San Diego’s Edico Genome, highlighted in Monday’s media debut of Dell Technologies Capital , said today it has raised $22 million in Series B financing led by the Dell investment arm.

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Opportunity Abounds as Washington Builds the Modern Electricity Grid

Xconomy

In a dry grassland set amid some of the region’s preeminent energy research, production, and training facilities, you can see the future of the electricity grid, and Washington state companies and workers are playing a major role in shaping it.

Ostendo Raising Funds to Advance Virtual Reality Display Technology

Xconomy

Ostendo Technologies, a Carlsbad, CA-based company founded in 2005 to advance curved screens and other innovative display technologies, has raised $41.8 The financing includes both new investment funding and a conversion of debt to equity, according to a notation in the filing. Adding to the confusion, the most-recent MoneyTree Report on San Diego venture capital activity shows that Ostendo raised almost $10 million in VC funding during the second quarter.

Zesty Reinvents Itself With New Cash for Automated Web Tech

Xconomy

Zesty.io, a San Diego Web development firm, has raised $1.3 million in seed funding to spin out its consulting business, and focus instead on providing its core Web content management technology as a subscription-based software-as-a-service.

Cybersecurity Startup MedCrypt Gets $750K to Defend Health Devices

Xconomy

MedCrypt, a healthtech cybersecurity startup founded near San Diego, has raised $750,000 in a seed financing round led by Safeguard Scientifics (NYSE: SFE ), a private equity fund in suburban Philadelphia that invests in healthcare, fintech, and digital media.

Cloudbeds Raises $9M to Expand its Technology, Brand Awareness

Xconomy

The San Diego company describes the financing as its first institutional round, and said it brings total funding for the five-year-old startup to $20 million. National blog main National top stories San Diego San Diego blog main San Diego top stories ClearVision Equity Cloudbeds Cultivation Capital deals Entrepreneurship Financing funding innovation Internet Investor IT Nashville Capital PeakSpan Capital people Richard Castle startups TTCER Partners VC Venture Capital Web