San Diego Deals Roundup: Deal Current, PCN, BrightScope, & More

cash, folding money,

validation tests of its geophysical sensing technology on a major oil field in the Middle East. I talked with George Eiskamp, GroundMetrics’ CEO, in 2009 when the business was operating as Quasar Geophysical Technologies.

In a recent statement, GroundMetrics says it raised the capital from members of Southern California’s Tech Coast Angels to help commercialize a new class of sensing technology and that the funds would be used to provide advanced survey and monitoring services directly to energy, mining, and environmental companies.

GroundMetrics offers to conduct electromagnetic (EM) surveys worldwide, saying its eQube electric-field sensing technology enables the company to acquire data in extremely arid regions, despite sand, ice, exposed rock, and other challenging terrain.

—San Diego-based Ormet Circuits, which makes conductive pastes used in the manufacture of advanced electronic devices, has raised $1 million from investors, according to a recent regulatory filing. On its website, the company says its lead-free conductive pastes, based on a technology called Transient Liquid Phase Sintering (TLPS), are used in semiconductor packaging, printed circuit boards, photovoltaics, and other applications. The company says its technology is covered by 24 issued patents.

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.