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

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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. According to UCSD, the Institute for the Global Entrepreneur received $1M from the Invention Science Fund (ISF), the incubator arm of Intellectual Ventures, and San Diego's Legler Benbough Foundation, to accelerate new startup companies.

EvoNexus Gets Bank, Investment Firm Backing for Fintech Incubator

Xconomy

Financial firms are facing competition from legacy players and disruptive fintech startups as technology continues to reshape the heavily regulated industry. The incubator, EvoNexus , said this week that Royal Bank of Canada, Canada’s largest bank, and Franklin Templeton (NYSE: BEN ), a U.S.-based

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.

Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. The idea was to feature early stage companies in the region that have not attracted much attention or raised a substantial amount of startup capital. million in a Series D round of investment capital, according to founder and chairman Tony Farwell.

Biomed Incubator Watershed Develops Tech for IDing Medical Devices

Xconomy

San Antonio — A biomedical product developer, Watershed Idea Foundry, has created a method of identifying medical devices that have been implanted in the body that uses 3-D printing and its own software.

To Help Boost Female-led Startups, More Women Join Investor Ranks

Xconomy

Katelyn O’Shaughnessy already had a solid track record, selling TripScope , a travel startup she co-founded in 2013, to Travefy two years ago. Houston —Men have long leveraged their networks to succeed in business, and the tech industry has been no exception. Women, finding themselves outside of the club, are now creating their own networks to do the same.

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EvoNexus Launches Incubator Effort With Cisco

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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. According to the two, the new program is aimed at helping promote further technology development in the San Diego Area, by connecting early stage, business-to-business startups with Cisco and its partners.

K5 Brings yCombinator Model Accelerator To Orange and San Diego County

Tech Zulu Event

K5Launch announced a new accelerator program that provides promising technology startups with a three-month intensive accelerator program for entrepreneurs in Southern California. SoCal is home to some of the greatest startup success stories.

VelosBio Emerges with $58M in Funding to Steer Cancer Drugs to Clinic

Xconomy

VelosBio, a biotech startup researching new cancer drugs, has raised $58 million in financing. VelosBio joined Johnson & Johnson’s JLABS @ San Diego incubator in January.

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. EvoNexus, which is run by CommNexus, said it will provide fully furnished open space, mentorship, and access to startup programming to companies accepted to the incubator--and will also consider those same companies for QualcommLabs@EvoNexus, the business acceleration and funding program being run by EvoNexus for Qualcomm.

As Unicorns Multiply, Bootstrapped Tech Businesses Holding Steady

Xconomy

Instead, Aha is a bootstrapped startup. Why do unicorns get all the attention? Brian de Haaff wonders this sometimes, especially as compared to his own tech business, Aha. It’s not a “unicorn”—a business with a valuation of more than $1 billion—and it’s not even close. Founded in 2013 by de Haaff and Chris Waters in the Bay Area, the company announced in July it had surpassed $40 million in annual recurring revenue from the subscribers to its software-as-a-service.

Hungry for Innovation, Big Food Firms Seek Alliances With Startups

Xconomy

Many top food companies are increasingly pumping money into supporting young, innovative startups, according to a recent analysis by CB Insights. Big Food is getting serious about innovation.

At “The Vine,” Developer Builds a Vertical Campus for Tech Startups

Xconomy

In downtown San Diego, a private real estate company best known for its master-planned communities in suburban Southern California has posed some existential questions for regional tech hubs looking to build their own startup ecosystems.

Ilumina Invests In Three Startups As Part Of Accelerator

socalTECH

In at least the third piece of accelerator-related news today, San Diego-based life sciences equipment maker Illumina said it has made an investment in three startups, as part of its first, startup accelerator class. The accelerator will include lab sapce in the San Francisco Bay Area. Size of the investments in those companies were not announced by Illumina. illumina startup accelerator lifescience incubator medical gene sequencing genomics

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New Bootstrap Fund Pulls Itself Up in World of Health IT Deals

Xconomy

Healthtech entrepreneur Parker Hinshaw and his wife Jean Balgrosky said they intended to take a step back when they founded Bootstrap Incubation near San Diego in the fall of 2012. After selling MaxIT, Hinshaw said he became immersed in the startup world. “We

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Qualcomm Selects Startups For Robotics Accelerator

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San Diego-based Qualcomm has announced the ten companies that are part of its first Qualcomm Robotics Accelerator , which is being held in San Diego and just started this week. The companies include two, San Diego companies--Cleverpet and Inova Drone--plus companies from as far way as Germany, Italy, Singapore, and Canada. Qualcomm is investing a total of $1M in funding across the pool of companies.

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

Xconomy

San Diego’s Brain Corp., founded in 2009 as a Qualcomm-incubated startup to develop software and computer systems that emulate the human brain, seems to have found a new path forward. SoftBank’s new Vision Fund has led a $114 million investment to advance the company’s artificial intelligence technology. Qualcomm Ventures, which previously invested about $11 million in Brain Corp.,

Wrapify Q&A: Adhesive Giant Puts $3 M in Car Advertising Schtick

Xconomy

After the adhesive products maker Avery Dennison (NYSE: AVY ) recently made a $3 million investment in San Diego-based Wrapify , we tracked down Wrapify CEO James Heller, and stuck him with a few questions about the deal. Heller started at San Diego’s EvoNexus incubator, working with Glendale, CA-based Avery Dennison, a Fortune 500 company that makes adhesive vinyl films that can be applied to motor vehicles, conform neatly to automotive curves and corrugations, and can.

Disrupt Indy: Can Data Forge the Path to Inclusive Tech Ecosystems?

Xconomy

tech startups and investment firms have long been thought of as the domain of white men—because historically, they have been.

Versant Closes on $400M Fund, Eyes More Biotech Deals in Europe

Xconomy

Versant Ventures now has $400 million in its coffers to fuel its pursuit of early-stage healthcare technologies and startups, and it has a particular goal of expanding its investment approach in Europe.

Radicle Accelerator Fund Launches to Nurture AgTech Innovation

Xconomy

Radicle, which takes its name from the botany term for the part of a plant embryo that develops into the primary root, was founded by a mix of agricultural investment and industry heavyweights.

Interview with Kevin Hell, EvoNexus

socalTECH

A couple of weeks ago, twelve companies moved into the new downtown San Diego, EvoNexus incubator--which is run by CommNexus. Kevin Hell: What makes EvoNexus unique, is that it is--as far as we know--the only completely free, no-strings-attached incubator in the nation.

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Qualcomm Launches Robotics Accelerator

socalTECH

San Diego-based Qualcomm said this morning that it has launched a new, San Diego 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. The accelerator will be based on Qualcomm''s corporate campus in San Diego. qualcomm robot robotics semiconductor accelerator techstars incubator

3 Things You (Probably) Don’t Know about Indiana Innovation

Xconomy

In fact, Indiana University’s Bicentennial Strategic Plan calls for a $300 million investment program called Grand Challenges that focuses on large-scale problems facing humanity. That law helped kick-start the modern tech transfer field. Well over 100 new startups operating in sectors like agricultural services, drug discovery and development, alternative fuels, communications, engineering, logistics, life sciences, and many others.

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TYLT Labs' New Seed Fund And The Promise Of Silicon Beach

socalTECH

There seems to a perpetual shortage of local venture capital investors in the region, despite the huge growth in startup activity here, particularly along Silicon Beach. Tell us a little bit about your investments and firm? What are the parameters of the investments you make?

Reflexion Health Raises $4.25M

socalTECH

San Diego-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 said the funding came from West Health Investment Fund, and that it has licensed West Health Institute's Kinect-based physical therapy software. Reflexion Health has also moved into West Health's business incubator.

Interview with Matthew Jenusaitis, OCTANe

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That was primarily driven by the economy; when the economy is down, investments are down, and it is increasingly difficult to d a startup. Launchpad is a virtual incubator and accelerator, where we put companies in and give them quantitative and qualitative feedback and mentorship.

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Interview With Paul Myer, Veracity: Why The Industrial Internet Needs Security

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Paul Myer: Veracity Industrial Networks is a startup in the industrial network security segment. Industrial networking is a new category for me, personally, and I only started here two years ago. However, in the last ten years-- especially with the power grid--regulatory agencies have started to demand that those systems be able to be monitored for compliance. How did the company start working on this area?

Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Tech entrepreneurs and executives from Silicon Valley are moving south and buying up luxury homes in the Los Angeles area. He uses his former home, a just-under 900-square-foot beach bungalow two blocks away, to house Facebook employees visiting from up north. MSN Money Investing.