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UC San Diego Gets $1M From Arm Of Intellectual Ventures

socalTECH

The University of San Diego 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>>.

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EvoNexus Launches 5G Incubator

socalTECH

San Diego-based nonprofit startup and technology incubator operator EvoNexus announced this morning that it has launched a brand new, 5G startup incubator program, which is being sponsored by Qualcomm.

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Illumina, Sequoia Capital Launch Genomics Incubator In China

socalTECH

San Diego-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.

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EvoNexus Gets Bank, Investment Firm Backing for Fintech Incubator

Xconomy

Two financial firms are betting on a nonprofit incubator program in San Diego in hopes of identifying top talent and potential targets for investment or acquisition. The incubator, EvoNexus , said this week that Royal Bank of Canada, Canada’s largest bank, and Franklin Templeton (NYSE: BEN ), a U.S.

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EvoNexus Launches Incubator Effort With Cisco

socalTECH

Startup entrepreneurs in San Diego 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. The two did not say how much Cisco is investing in the program or how much it will invest in those companies.

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Launch Factory Finds $2.5M For Venture Studio

socalTECH

San Diego-based Launch Factory a new "venture studio" which is looking to recruit entrepeneurs to help it launch vetted business concepts, recently raised $2.5M The funding came from a number of angels, including Broadway Angels, San Diego Venture Partners, and TI Platform Management. in funding, according to the group.

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EvoNexus Opens Up New Applications For Incubator

socalTECH

EvoNexus , the San Diego-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. READ MORE>>.

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