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Temasek Funds New AI Effort In San Diego, Aicadium

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Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificial intelligence startup that is headquartered in San Diego and Singapore, called Aicadium. The new startup will focus on developing a common machine learning platform to deliver AI-as-a-Service from discovery to deployment.

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Illumina Ventures Raises $230M Venture Capital Fund

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Illumina Ventures , the early-stage venture capital investor which was founded by San Diego-based life sciences equipment maker Illumina , says it has raised $230M for its first fund.

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Ligand Inks Licensing Deal With Venture Capital Investor

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San Diego-based Ligand Pharmaceuticals said on Friday that it has entered into a deal with venture capital investor venBio Partners , which will allow venBio's portfolio companies to enter into a pre-agreed worldwide OmniAb platform license agreement.

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Plantible Harvests $21.5M To Turn Duckweed Into Protein For Humans

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San Diego-based Plantible Foods, a startup developing a system to use Lemna--otherwise known as duckweed--as a protein source for humans, has raised $21.5M in a Series A funding. The company says it has now raised $27M for its efforts.

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Neurophth Gains $60M For Gene Therapy Efforts

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San Diego-based Neurophth, a gene therapy company, has raised $60M in a Series C funding round, the company said today. The funding was co-led by CMG-SDIC Capital and Sequoia Capital China, and also included Sunshine Insurance and China Merchant Bank International Capital.

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Qualcomm Ventures Backs 5G Startups

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San Diego-based Qualcomm Ventures , the venture capital arm of Qualcomm, has made investments in four companies working on 5G technology and products. According to Qualcomm Ventures, it made strategic investments in Celona , Cellwize , Azion and Pensando. Size of the investments were note disclosed.

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Versant Ventures Launches New Company, Bright Peak Therapeutics

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San Diego-based venture capital investment firm Versant Ventures has launched a new biotechnology company, Bright Peak Therapeutics , in Basel, Switzerland, the company announced this morning. READ MORE>>.

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