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MIT Study: Age Of Founders In Fastest Growing New Ventures Is 45

socalTECH

In a study which belies the opt-cited preference for "young" entrepreneurs in the startup and venture capital industry, a new study from the Massachusetts Institute of Technology find that the mean age of the founders of the 1,000 fastest growing new ventures in the U.S. is actually 45.0.

Study 147
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Santa Barbara, San Diego Tops On Per-Capita Venture Capital

socalTECH

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. venture capital deals per 100,000 people. venture capital deals per 100,000 people.

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

socalTECH

The funding came from JDRF T1D Fund, Aphelion Capital and LifeSci Venture Partners. Prior investors in the round include M Ventures and Hikma Ventures, the corporate venture capital arm of Hikma Pharmaceuticals. According to the startup, the investment brings its Series A total funding to $15M.

Marketing 168
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Reflections on 2016: Rob Freelen, Silicon Valley Bank

socalTECH

Silicon Valley Bank is big supporter and has been a sponsor of socaltech for many, many years. In 2016, our Santa Monica office more than doubled market share of early-stage companies. I studied East Asian religions in college and was intrigued to hear that a Buddhist monk was delivering meditation and mindfulness via a mobile app.

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Venture Totals Drop In Southern California For Quarter

socalTECH

A study of the venture capital deal flow in Southern California conducted by socalTECH shows that venture capital deals dropped for Q3, to around $720M in deals, in a market dominated by clean technology firms. in venture capital deals in the third quarter, down dramatically from $1.2B

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DriveCam Gets Investment From Volvo

socalTECH

According to DriveCam, Volvo Group Venture Capital made the strategic investment, and becomes a minority shareholder in the company. Volvo Group said the investment came due to DriveCam's complementary position to its position in the global truck manufacturing market.

Invest 153
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Startups Increase New Job Creation Plans, Says Report

socalTECH

based private, venture capital backed software, hardware, life science, and cleantech companies. The study was conducted by independent market research firm Koski Research during February 2011. SVB said its Startup Outlook 2011 survey came from the responses of 375 U.S-based

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