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Carlsbad-based Foundry Medical Innovations said today that it has launched a new, medical and diagnostic device incubator in SanDiego County, which it says provides a shared workspace, access to technical engineering talent, business and marketing plan support, and connections to the venturecapital community.
This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. Investors: Google Ventures. Wildfire Interactive.
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.
So, without further ado, here''s the list of this year''s 2013 Socaltech 50 : Basil Abifaker , Transaction Wireless (SanDiego, digital gift cards). Sean Callahan , SlimSurveys (SanDiego, mobile apps). Steven Cox , TakeLessons (SanDiego, marketplace). Melani Gordon , Taphunter (SanDiego, mobile apps).
SanDiego-based DNA sequencing giant Illumina, and venturecapital 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.
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 nonprofit EvoNexus has launched a new class of companies to its startup incubator, the group said on Tuesday, for both its SanDiego and Irvine locations. According to EvoNexus, it has added 16 new companies to its portfolio of startups, split between both locations.
SanDiego-based Ligand Pharmaceuticals said on Friday that it has entered into a deal with venturecapital investor venBio Partners , which will allow venBio's portfolio companies to enter into a pre-agreed worldwide OmniAb platform license agreement. READ MORE>>.
SanDiego-based IO Semiconductor , a semiconductor firm which is one of the firms in the CommNexus EvoNexus incubator program, has raised $1.0M Tags: semiconductor iosemiconductor venturecapital commnexus evonexus incubator cmos gaas. According to the filing, the funding is part of a $14.0M
SanDiego-based ecoATM , the startup led by Tom Tullie which develops kiosks for recycling used mobile phones, MP3 players, and tablets, reported yesterday that it has now recycled more than one million electronic devices. EcoATM develops self serve kiosks which pay users cash when they trade in their electronic devices. READ MORE>>.
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.
We’ve also seen a substantial inflow of venturecapital from all over the world.”. 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 Radicle Growth, which focuses on incubating early stage agriculture and food technology, and agriculture giant UPL said today that the two are in a new partnership, which will invest $1.25M in two startups that can "positively impact and reduce the carbon footprint and improve soil health of the food value chain."
Perminova's software provides scheduling, workflow, surgical data, and billing for major cardiovascular institutes and healthcare systems, including UC SanDiego Health System and Mount Sinai Hospital in New York. Perminova is one of the firms which has emerged from the EvoNexus incubator in SanDiego.
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. and is a spinout of Redstar Ventures, a ventureincubator firm in Cambridge. Size of the funding was not announced.
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. The firm said the round included Miramar Venture Partners and City Hill Ventures. The company is part of the SanDiego EvoNexus business incubator.
Los Angeles-based life sciences investor Westlake Village BioPartners announced today that it has raised two new venturecapital 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 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. READ MORE>>.
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. trumed systems venturecapital automated vaccine medical lifescience evonexus' Other details on the funding were not announced.
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 The funding round was led by the Tech Coast Angels, and the TCA's SanDiego chapter. in a seed funding round. in the round. 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.
Launchpad is a virtual incubator and accelerator, where we put companies in and give them quantitative and qualitative feedback and mentorship. However, our challenge is that there are not a lot of venturecapital investors in Southern California. You see that it's pretty high here in Orange County, as it is in SanDiego.
SanDiego-based ScoreStream said today that it has raised $2M in a seed financing round, to bring scores, pictures, and other information about high school and local sports online. The startup--led by technology startup vet Derrick Oien--said the funding was led by Sinclair Digital Ventures, a division of Sinclair Broadcast Group.
My last company got acquired by Qualcomm, and Qualcomm wanted me to move to SanDiego to run their emerging business portfolio. I then became and EIR at UC SanDiego, and joined EvoNexus, the not-for-profit incubator run by the Irvine Company. I think our board is agreement for the need for more venturecapital.
There seems to a perpetual shortage of local venturecapital investors in the region, despite the huge growth in startup activity here, particularly along Silicon Beach. We''re now trying to tie into the local universities, incubators, and other centers of entrepreneurship. That said, we still need investors here. READ MORE>>.
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.
K5 aims to create a network of support and mentorship along with access to capital where people can build on creative ideas with the help of successful business people, and connect with investors to get their concepts off the ground. We designed K5Launch to fill the void left behind by local angel and VC investors.
Following a six-month trial of its digital mortgage platform, SanDiego-based Approved has officially launched its Web-based software for home loan applications. Sadhal and Taylor (pictured above) founded Approved in August 2015, and moved into the SanDiego tech incubator.
The company is part of the EvoNexus startup incubator, and is led by Rick Cooper. MANTA was founded by UC SanDiego researchers Dr. Dariusz Stramski, Dr. Kuba Tatarkiewicz, Dr. Rick Reynolds and Monette Karr. READ MORE>>.
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.
The idea in 2011 was to create a space at what was then Johnson & Johnson’s pharmaceutical research and development facility in SanDiego for an “innovation center,” a place where 18 to 20 life sciences startups could incubate, replete with lab space and equipment. The first JLABS incubator opened here.
K5 aims to create a network of support and mentorship along with access to capital where people can build on creative ideas with the help of successful business people, and connect with investors to get their concepts off the ground. We designed K5Launch to fill the void left behind by local angel and VC investors.
As a first-time entrepreneur working from UW’s incubator more than five years ago, Liachko says he didn’t think much about the rarity of genomics startups spun out of university research. His firm, Phase Genomics was one of the first startups to come out of UW’s genome sciences department.
The firms include stalwarts like Kraft Heinz (NASDAQ: KHC ) , which has an incubator and accelerator program called Springboard , and relative newcomers like the Greek-style yogurt maker Chobani , which operates an incubator that makes $25,000 investments in startups with no equity stake.
“Our focus is on priming the pump,” Steve Poizner said Friday, after providing an update on the Alliance for Southern California Innovation for board members of EvoNexus, an industry nonprofit group that operates pro bono tech incubators in SanDiego and Irvine, CA.
When Novartis dissolved its gene and cell therapy unit a few years ago, a bunch of projects the Swiss pharma giant had incubated were tossed aside. One of them was the work of surgeon Suzanne Ildstad, who has spent decades trying to develop a new way to improve the health outcomes of patients who need organ transplants.
Agtech investment firm Finistere Ventures; private equity firm Cloud Break Advisors; and Israeli venturecapital firm OurCrowd contributed to the new accelerator. Radicle representatives plan to discuss their plans for the accelerator during AgTech Week 2016 , an ag investment conference being held in San Francisco this week.
SanDiego’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. Qualcomm Ventures, which previously invested about $11 million in Brain Corp.,
Other companies, including a new SanDiego startup called Blooma, are—instead of working to disrupt traditional lenders—offering services that promise to digitize aspects of the. One such lender, Better.com, raised a $160 million Series C financing round Monday.
This coming week the tour is making two stops in Southern California, one in SanDiego, CA on June 15 and another in Irvine, June 16. Sure to attend will be local VC's, entrepreneurs and DEMO alumni. June 16- Irvine Incubation Center. June 15- Mintz Levin Office/Conference.
General Assembly (GA) launched in early 2011 with an incubator in New York City that was a cross between a co-working space and a startup university. As Xconomy reported at the time, entrepreneurs and young ventures that set up shop in.
With the closing of its sixth fund announced Tuesday, San Francisco-based Versant now aims to invest in as many as 25 companies in both North America and Europe—half of those investments in “companies we create from scratch,” says Brad Bolzon, Versant’s managing director. Versant takes.
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.
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. Instead, Aha is a bootstrapped startup.
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