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Santa Barbara, San Diego Tops On Per-Capita Venture Capital

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A new study released earlier this month has ranked the Santa Barbara-Santa Maria-Goleta metropolitan area, as well as the San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. San Diego-Carlsbad-San Marcos was number 7, with $36.6M in deals and 3.3

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DriveCam Gets Investment From Volvo

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San Diego-based DriveCam , the developer of driver monitoring systems for commercial automobile fleets, said this morning that it has received a strategic investment from Volvo Group. Financial details of the investment were not announced. READ MORE>>.

Invest 153
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Kintara Seeking $15.0M In PIPE

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San Diego-based biotech Kintara says it is raising $15.0M in a common stock and warrant offering from unmaned "healthcare-focused institutional investors". The company--which is novel cancer therapies for patients who are failing, or are resistant to, current treatment regimens--currently trades on the Nasdaq as KTRA. Wainwright & Co.

San Diego 113
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AFYX Therapeutics Finds $13M In Convertible Note

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San Diego-based biopharmaceuticals startup AFYX Therapeutics announced this morning that it has raised $13M in a convertible loan financing. The note came from Sofinnova Ventuers, which led the investment, and also included Nova Seeds and Lundbeckfonden Emerge. The company is currently in an ongoing, Phase 2B study.

Study 113
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Biolinq Gets $4.75M For Biosensors, Eyes Glucose Monitoring Market

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San Diego-based biotech startup Biolinq , which is developing wireless-enabled biosensor patches for continuous monitoring of biomarkers, has raised $4.75M additional Series A funding, the company said this morning. According to the startup, the investment brings its Series A total funding to $15M. READ MORE>>.

Marketing 168
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Intrepida Bio Gets $9.5M

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San Diego-based Intrepida Bio , a biopharmaceuticals startup focused on developing medicines that modulate the innate immune system to fight cancer and other diseases, has raised $9.5M The funding came from Sofinnova Investments and Canaan. in a funding round, according to the company. Intrepedia was co-founded by Joel F.

San Diego 100
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Epic Sciences Raises $40M In Series D Funding

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San Diego-based Epic Sciences has raised $40M in a Series D funding, for its cancer testing technology, the company announced Friday morning. The company said the fund will go to accelerate clinical studies and enhance its technology. Epic sciences is developing blood-based tests which help predict drug response in cancer.

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