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Illumina Ventures Raises $230M Venture Capital Fund

socalTECH

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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UC San Diego Spinout Gets $15M From Bill Gates

socalTECH

A startup which is based on research conducted at the University of California, San Diego has scored $15M in a Series A funding. which was co-founded by Tom Driscoll, a former University of California at San Diego researcher. Echodyne Corp. The company is based in the Seattle, Washington area. READ MORE>>.

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How San Diego Biotech Leaders Are Adapting to Coronavirus Concerns

Xconomy

Three hundred Takeda employees from the Japanese pharma giant’s California research center have been working from home for 10 days straight. Local biotech executives and investors shared snapshots of life sciences in the time of coronavirus Wednesday afternoon at Xconomy’s Xcelerating Life Sciences San Diego event.

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University of California Plans $250M Venture Capital Fund

socalTECH

Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital. The fund would seek to invest in companies started on campus, from University research, and from students.

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ProSciento Finds Funding For Clinical Research

socalTECH

San Diego-based ProSciento , a clinical research organization (CRO) which focuses on non-alcoholic steatohepatitis (NASH), diabetes, obesity, and related metabolic diseases, has raised a round of funding, the company said this week. According to ProSciento, the growth financing came from 1315 Capital.

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Meet the Xconomy Awards San Diego Digital Trailblazer Finalists

Xconomy

San Diego’s prowess in computer science, medical devices, and life sciences makes it a natural hub of innovative digital health companies. This is part of a series of articles about the finalists for the Xconomy Awards San Diego. Here are brief profiles of the finalists.

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How to Raise Money When You’re Not in a Major VC Market

Both Sides of the Table

And I am often approached by entrepreneurs in cities which don’t have a vibrant VC community. Just ask the people of Portland, Seattle, Boulder, Iowa, Princeton, Dallas or countless other cities that don’t have enough venture capital. It’s a goal to help you understand the life of a VC. Ask SuperCell.