WBT Conference Draws Eclectic Innovation Mix, San Diego Included

Bill Reichert of Garage Technology Ventures moderates WBT Innovation Marketplace panel

enable cell-based therapeutic approaches in areas like diabetes, wound healing, burn treatment, blood product supply, reproductive health, and other stem cell-based therapies. Muller estimates the market for Cyternity’s cell stabilization products for wound healing and pancreatic beta-islet cell therapies alone would be in the multi-billion dollar range. The company seeks $10 million in funding, as well as licensing and strategic partnerships.

Electrozyme

Founded in 2012 by Joshua Windmiller, a post-doctoral fellow at UC San Diego’s Laboratory for NanoBioElectronics, Electrozyme has developed electrochemical sensor technology that analyzes the chemical constituents of a wearer’s perspiration. These non-invasive, skin-conforming sensors are fabricated using low-cost screen-printing, cheap enough to be disposable following a workout. Windmiller says Electrozyme’s technology can augment the physical measurements of existing sensor technology (such as the user’s heart rate or steps taken) with insights into the wearer’s metabolic response. The startup is seeking $650,000 in debt or investment funding, licensing, or strategic partners that can provide the cash needed to refine and commercialize the technology.

Molecular Assembly

Founder and CEO Curt Becker is a 21-year veteran of Applied Biosystems, which merged with Invitrogen in 2008 to become Carlsbad, CA-based Life Technologies. Becker has been developing next-generation technology for synthesizing DNA. The biologically and enzymatically based technology would produce DNA strands up to 30 times longer than are now produced using the classical chemical methods commercialized almost 30 years ago. Becker says the relatively short DNA strands produced by the classic method are unable to meet the needs of the emerging field of synthetic biology. He also says the new technology under development represents a three-fold reduction in cost, and would eliminate tons of toxic waste produced using the existing method. Molecular Assembly is seeking $1 million in initial funding, a licensing deal, or a strategic alliance.

NEEM Scientific

NEEM has been adapting advances in nanotechnology to develop high-throughput manufacturing technologies for use in existing industrial infrastructure. The company says Row-to-Row Scanning Laser Interference Patterning manufacturing platform provides fully automated batch production, and uses less environmentally harmful chemicals. Potential uses include solar cell manufacturing, hydrogen production, nanowire-based light-emitting diodes, and healthcare-related products. Neem CEO Hungtao “Ted” Hou is seeking $750,000 for prototype development, and to build out the company’s market and intellectual property.

OvaPal

After winning the grand prize at the San Diego Tech Coast Angels’ Quick Pitch competition last month, OvaPal founder Giovanna Scheidler is seeking $100,000 to develop prototypes of the startup’s fertility tracking technology. OvaPal’s system is a wearable sensor that measures a woman’s temperature and other physiological parameters of ovulation. Data are transmitted wirelessly to a smartphone or mobile device that uses predictive algorithms to optimize the odds of conception. With 4 million women in the US trying to get pregnant annually, OvaPal estimates the current infertility market at $3.5 billion, and growing to $5 billion by 2017.

Tortuga Logic

Founded by Jason Oberg, a doctoral candidate in computer science at U.C. San Diego, Tortuga Logic has developed a hardware security tool known as Gate-level Information Flow Tracking (GLIFT). The technology ensures that the software cryptographic “key” installed in a computer system cannot be compromised, regardless of the operating system. Tortuga Logic says its GLIFT technology can be used to prove that hardware-specific vulnerabilities remain secure at any layer of the hardware/software stack. Tortuga Logic says potential customers include Intel, Cisco, Microsoft, Qualcomm, Northrup Grumman, Apple, BAE, Green Hills, Windriver, and Boeing. The company is seeking $500,000 in funding, licensing deal, or strategic partnership.

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.