In today’s fast-changing world, new product teams are constantly pushed to do more faster. They need to run fast to keep up with rapidly changing market conditions. Oftentimes it means making decisions about what to invest in with very little information. How can teams validate hypotheses without over-investing on speculative engineering projects, and potentially losing … Continue reading “How Startups Can Run Better Landing Page Tests”
Category: San Diego
Nest Founder Envisions Bigger Tech Community in Downtown San Diego
First came the Cyberhive, a tech incubator in San Diego’s Bankers Hill neighborhood that opened three years ago to help local cybersecurity startups refine their business plans, identify investors, and advance their technologies. In 2014, Cyberhive founder Darin Andersen added iHive, making space in the same building for startups that are focused on the Internet … Continue reading “Nest Founder Envisions Bigger Tech Community in Downtown San Diego”
West Coast Bio Roundup: Pfizer’s BBC Ghosts, Gilead’s NASH, HLI’s Cash
The roundup was on hiatus last week for a little R&R in the California desert, which is an endless panorama of reminders that even the biggest slabs of rock eventually turn to sand. We returned this week to find the mountain otherwise known as the Pfizer-Allergan merger crumbling before our eyes under pressure, not from … Continue reading “West Coast Bio Roundup: Pfizer’s BBC Ghosts, Gilead’s NASH, HLI’s Cash”
RiverVest Opens San Diego Office That’s Been 10 Years in the Making
RiverVest Venture Partners has stayed mostly under the radar as a small-but-active investor in San Diego life sciences startups for the past 10 years or so. After making investments in San Diego’s Cabrellis Pharmaceuticals and Conforma Therapeutics, the St. Louis, MO-based firm recruited Niall O’Donnell in 2006 to oversee the firm’s deals in San Diego. … Continue reading “RiverVest Opens San Diego Office That’s Been 10 Years in the Making”
AirMap Obtains $15,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bb47646d-7fac-4bce-a1a3-8ab0a7908574 Date 4/7/2016 Company Name AirMap Mailing Address 1700 East Walnut Avenue Santa Monica, CA 90245 USA Company Description AirMap is helping make drones a part of everyday life by building the foundations for the low-altitude air navigation systems of the future. The emergence of small, powerful, and autonomous drones, is transforming … Continue reading “AirMap Obtains $15,000,000 Series A Financing”
Clutter Receives $20,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3ba433af-5d98-427d-9cdd-a6b9058f4d2e Date 4/7/2016 Company Name Clutter Mailing Address 12400 Wilshire Boulevard Los Angeles, CA 90025 USA Company Description Clutter Full-Service Storage. Clutter is the future of self-storage. Americans spend over $25b every year on terrible existing self-storage options that require you rent a truck, get help moving, quickly lose track of what … Continue reading “Clutter Receives $20,000,000 Series B Funding Round”
CrownPeak Garners $50,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9acd375c-7b7e-46c5-b515-ca865e608509 Date 4/7/2016 Company Name CrownPeak Mailing Address 5880 West Jefferson Boulevard Los Angeles, CA 90016 USA Company Description CrownPeak Technology provides the enterprise’s only open cloud platform for Web Experience Management. Large enterprises and agencies worldwide rely on CrownPeak Website http://www.crownpeak.com Transaction Type Venture Equity Transaction Amount $50,000,000 Transaction Round Undisclosed … Continue reading “CrownPeak Garners $50,000,000 New Financing”
There’s Never Been a Better Time for Female Tech Entrepreneurs
When I was a young girl, I knew that I wanted to run my own business someday. In fact, I would end up leading almost every club or team that I got involved in at school. However, by the time I actually began my career, I was well aware that the odds were not entirely … Continue reading “There’s Never Been a Better Time for Female Tech Entrepreneurs”
Announcing Xconomy Indiana—11th Region in Our Network
Just over two years ago, when we launched Xconomy Wisconsin as the ninth region in our network, I wrote: “There are no flyover zones in the United States. That’s the way Xconomy views the map, anyway, because we see innovation happening all over America.” Since that time, we expanded again, to Raleigh-Durham. And I am … Continue reading “Announcing Xconomy Indiana—11th Region in Our Network”
Software Study Ranks San Diego #7, Cites Prowess in Scientific R&D
A study to assess the strength of San Diego’s software sector has determined that it ranks seventh among the top 50 U.S. metropolitan areas, according to a “software power index” that weighs a variety of economic factors. The study, released last week by the San Diego Regional Economic Development Corp., is the first comprehensive analysis … Continue reading “Software Study Ranks San Diego #7, Cites Prowess in Scientific R&D”
Making the Price Right: Ideas To Change Drug Costs Gain Momentum
If the U.S. presidential primaries continue their current trajectories, the two contenders come autumn will have at least one thing in common: a stated desire to do something about high drug prices. Maybe you believe them, and maybe you think they’re blowing smoke up our nether regions. But momentum is momentum. With consumers, doctors, and … Continue reading “Making the Price Right: Ideas To Change Drug Costs Gain Momentum”
Veestro Obtains $1,500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2f060f8d-af29-40a0-bcf4-2080cd5573e0 Date 4/5/2016 Company Name Veestro Mailing Address 1282 Newbury Road Newbury Park, CA 91320 USA Company Description Growing up as brother and sister in a big family in Costa Rica we always loved the social aspect of sharing a great meal together. And we still look forward to those special times … Continue reading “Veestro Obtains $1,500,000 New Funding”
Human Longevity Lands $220,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=763a7b2d-1aba-45af-8067-d65fb83f3dd3 Date 4/5/2016 Company Name Human Longevity Mailing Address 10835 Road to the Cure San Diego, CA 92121 USA Company Description HLI, a privately held company headquartered in San Diego, CA was founded in 2013 by pioneers in the fields of genomics and stem cell therapy. Website http://www.humanlongevity.com Transaction Type Venture Equity … Continue reading “Human Longevity Lands $220,000,000 Series B Round”
$220M Richer, Human Longevity Ups Ante In Genomics Business Race
Human Longevity, the private San Diego startup aiming to turn DNA from tens of thousands of people into a range of new businesses, said this afternoon it has reeled in $220 million in venture cash. The Series B money brings Human Longevity’s fundraising to $300 million, a stunning sum for a biotech with an unproven … Continue reading “$220M Richer, Human Longevity Ups Ante In Genomics Business Race”
Napa Summit 2016: Request Your Invite to Our Most Special Event
There are all sorts of reasons for requesting an invitation to Xconomy’s Napa Summit, which will take place in just six weeks—on May 16-17. One is the fantastic array of speakers: John Maeda, design partner at Kleiner, Perkins, Caufield, and Byers; virtual reality virtuoso Mary Lou Jepsen of Facebook/Oculus; tech investor Esther Dyson; computing visionary … Continue reading “Napa Summit 2016: Request Your Invite to Our Most Special Event”
Exara Garners $3,132,953 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f8834098-b415-4061-b63e-b38f293f846f Date 4/4/2016 Company Name Exara Mailing Address 31910 Del Obispo Street San Juan Capistrano, CA 92675 USA Company Description Exara is revolutionizing the way industrial companies capture, curate, and consume machine data from high value field-based assets. Website http://www.exara.net Transaction Type Venture Equity Transaction Amount $3,132,953 Transaction Round Undisclosed Proceeds Purposes … Continue reading “Exara Garners $3,132,953 New Funding Round”
When Data Meets Genomics, Where Does Computing Power Come From?
San Antonio—Even as genome sequencing has risen in prevalence and declined in cost during the last decade, it still has many scientists perplexed from a data standpoint. As it becomes more common for pharmaceutical and biotech companies to use data from sequenced genomes for drug testing, the question of how will they effectively process that … Continue reading “When Data Meets Genomics, Where Does Computing Power Come From?”
Trading Quality for Ease: Confessions of an Earbud Junkie
This is the story of a reawakening. I’ve come home to the world of real home stereo sound, after too many years hooked on music trickling through smartphone earbuds and devices with small, crappy speakers. Don’t worry, I haven’t turned into an audiophile. I’m not going to preach to you about some $40,000 turntable with … Continue reading “Trading Quality for Ease: Confessions of an Earbud Junkie”
What’s Ahead for Biotech in 2016: Q&A With BIO Chair Ron Cohen
Biotechnology is a tricky business. We all know the trials and tribulations—and costs—of bringing novel drugs to market. In the past six months or so, a new round of drug pricing upheaval (think Martin Shkreli) and corporate tax “inversions” (think Pfizer-Allergan merger with new headquarters in Ireland) have ignited public debate. Ron Cohen has been … Continue reading “What’s Ahead for Biotech in 2016: Q&A With BIO Chair Ron Cohen”
New PureTech Startup Commense Aims to Protect Babies From Disease
[Updated, 12:15 pm ET, see below] Boston company creator PureTech Health already has one microbiome startup in its portfolio, Vedanta Biosciences. Today it’s unveiled a second one, Commense, with a different plan to harness the power of the trillions of microbes in and on our bodies. Vedanta is developing a mix of bacteria to be … Continue reading “New PureTech Startup Commense Aims to Protect Babies From Disease”
AcuFocus Obtains $4,050,405 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb8a9d94-71ec-4521-83b2-689edc589688 Date 3/31/2016 Company Name AcuFocus Mailing Address 32 Discovery Irvine, CA 92618 USA Company Description AcuFocus is the market leader in small aperture technology, providing physicians and patients unique, reliable and long-term solutions for presbyopia and cataracts. Website http://www.acufocus.com Transaction Type Debt Transaction Amount $4,050,405 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “AcuFocus Obtains $4,050,405 New Round”
ReviMedia Group BV Garners $12,500,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=41a3378f-b1c1-44e8-a1db-72058fed4be3 Date 3/31/2016 Company Name ReviMedia Group BV Mailing Address 120 Newport Center Dr. Newport Beach, CA 92660 USA Company Description PX is part of ReviMedia group, an online lead generation powerhouse offering sophisticated lead gen. Website http://www.px.com Transaction Type Venture Equity Transaction Amount $12,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds from … Continue reading “ReviMedia Group BV Garners $12,500,000 New Funding Round”
The Xconversation: Vaccine Developer Meets Energy Innovator, Part II
There’s no such thing as failure, as long as you view it in the proper light. That’s the philosophy of scientist-entrepreneurs Darrick Carter, vice president of adjuvant technology at Seattle-based IDRI (Infectious Disease Research Institute) and biotech company founder, and Aaron Feaver, co-founder and chief technology officer of energy-storage materials company EnerG2, who shared their … Continue reading “The Xconversation: Vaccine Developer Meets Energy Innovator, Part II”
Invoca Garners $30,000,000 Series D Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4315dc4-bd58-4c04-957e-41736764c70c Date 3/30/2016 Company Name Invoca Mailing Address 1025 Chapala Street Santa Barbara, CA 93101 USA Company Description Invoca’s inbound call marketing tools empower you to generate better leads, higher conversions, smarter spends and greater revenue. Website http://www.invoca.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series D Proceeds Purposes Invoca … Continue reading “Invoca Garners $30,000,000 Series D Financing Round”
Zavante Therapeutics Secures $45,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=592c6422-b104-4006-8b6a-a4cf39571157 Date 3/30/2016 Company Name Zavante Therapeutics Mailing Address 12670 High Bluff Dr. San Diego, CA 92130 USA Company Description We are passionately committed to our mission to improve patients’ lives by identifying, developing and commercializing novel therapeutics addressing significant unmet medical needs in the hospital setting. Website http://www.zavante.com Transaction Type Venture … Continue reading “Zavante Therapeutics Secures $45,000,000 Series A Funding”
Figtree Financing Lands $30,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6afbc5e1-fa9c-4730-b7be-e6621f0319f0 Date 3/30/2016 Company Name Figtree Financing Mailing Address 9915 Mira Mesa Boulevard San Diego, CO 92131 USA Company Description Figtree Financing provides innovative financing to accelerate the adoption of environmentally friendly products and services. We believe every home and commercial property should have the latest energy saving improvements to reduce our … Continue reading “Figtree Financing Lands $30,000,000 New Funding Round”
San Diego Organizes Smart City Hackathon to Achieve Climate Plan
An unusual coalition is coming together in San Diego to create innovative ways to support a climate action plan the city adopted to satisfy state mandates for reducing greenhouse gases. The San Diego City Council voted unanimously to approve the plan in December. To meet California’s tough requirements, the plan sets five broad goals that … Continue reading “San Diego Organizes Smart City Hackathon to Achieve Climate Plan”
The Xconversation: Vaccine Developer Meets Energy Innovator, Part I
What do vaccines have to do with batteries? Let your mind’s eye travel to the cellular membrane, where a ligand is enveloped by a receptor, spurring a subtle change in the cell. (Bear with me.) In some respects, it’s similar to what’s happening inside a battery when electrolytes interact with engineered materials to cause a … Continue reading “The Xconversation: Vaccine Developer Meets Energy Innovator, Part I”
Is Money Everything? Behind the Scenes of Tech Hiring
Have you tried to hire a software developer recently? The current job market is bananas! It’s crazy in Boston. New York City is booming with tech startups. In Silicon Valley and the Bay Area, the cost of living is exploding as salaries in the tech sector grow. It’s getting more expensive every year to hire … Continue reading “Is Money Everything? Behind the Scenes of Tech Hiring”
Digsy Lands New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9869520-65ca-48d6-ad4d-d72108fe04fc Date 3/29/2016 Company Name Digsy Mailing Address 1621 Alton Parkway Irvine, CA 92606 USA Company Description Digsy is a free Intelligent Assistant that scours through hundreds of property listings to help you find your dream Office, Warehouse or Retail Space in no time. Website http://www.getdigsy.com Transaction Type Venture Equity Transaction Amount … Continue reading “Digsy Lands New Financing”
Orexigen Therapeutics Receives $165,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44ba7496-b298-4942-836e-e46669701d00 Date 3/29/2016 Company Name Orexigen Therapeutics Mailing Address 3344 N. Torrey Pines Court La Jolla, CA 92037 USA Company Description OREXIGEN is studying a novel, and potentially more effective way, to achieve and sustain weight loss through a combined, two-drug approach. Website http://www.orexigen.com Transaction Type Venture Equity, Debt Transaction Amount $165,000,000 … Continue reading “Orexigen Therapeutics Receives $165,000,000 New Funding”
How VR, AR Innovation Can Finally Fulfill Its Potential
This post was co-authored by Matt McIlwain, managing director, Madrona Venture Group, and Steve Seitz, professor of computer science and engineering at University of Washington and “teleportation lead” at Google. Virtual reality (VR), which immerses the user in the virtual world, and augmented reality (AR), which overlays digital information onto the physical world, are being … Continue reading “How VR, AR Innovation Can Finally Fulfill Its Potential”
As Equity Crowdfunding Debuts in U.S., Will More Regulations Follow?
Ready or not, equity crowdfunding is coming to the U.S. this spring. The funding mechanism allows companies to sell shares of their firms to the general public (not just accredited investors) through online portals. The practice has already gained traction in places like the U.K. in recent years, but it has taken a while to … Continue reading “As Equity Crowdfunding Debuts in U.S., Will More Regulations Follow?”
West Coast Bio Roundup: Gilead, Affymetrix, Acutus, Frazier & More
Gilead Sciences is back at the top of our chart for the second week in a row. After halting trials last week in the United States and Europe over its cancer drug idelalisib, a federal jury in San Jose, CA, upheld the validity of two Merck patents this week in a case that could force … Continue reading “West Coast Bio Roundup: Gilead, Affymetrix, Acutus, Frazier & More”
Visionary VR Garners $6,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8d526d3a-b0e8-4a12-8777-fd69f5e76a0a Date 3/25/2016 Company Name Visionary VR Mailing Address 333 S Grand Ave. Los Angeles, CA 90071 USA Company Description Visionary VR continues to use virtual reality to push beyond the language of conventional storytelling. They are one of the first companies to demonstrate the viability of creating VR content from within … Continue reading “Visionary VR Garners $6,000,000 New Round”
Layoffs Reflect New Turbulence at High-Flying 3D Robotics
3D Robotics, the drone maker that began life in Tijuana and San Diego, has been consolidating its operations after stumbling in its bid to go head-to-head against China’s DJI, the world’s biggest maker of consumer drones. In an interview yesterday afternoon with Xconomy, CEO Chris Anderson confirmed that 3DR has been reorganizing to focus its … Continue reading “Layoffs Reflect New Turbulence at High-Flying 3D Robotics”
HG Data Garners $12,000,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=37c0de59-0ea2-40a1-80ac-3ec7d0cba2d0 Date 3/24/2016 Company Name HG Data Mailing Address 1 N Calle Cesar Chavez Santa Barbara, CA 93103 USA Company Description At HG Data’s lab in California, our data scientists are pioneering surprising new ways to procure, extract and apply data. We love the astounded look on our customer’s face upon first … Continue reading “HG Data Garners $12,000,000 Series B Financing Round”
AristaMD Receives $1,375,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f6b50853-be90-4f3e-a89d-493beb1c5000 Date 3/24/2016 Company Name AristaMD Mailing Address 11099 North Torrey Pines Road Encinitas, CA 92037 USA Company Description AristaMD offers simple-to-use software and eConsult solutions for better specialty referral decisions, reduced cost-of-care, and improved patient outcomes. Website http://www.aristamd.com Transaction Type Debt Transaction Amount $1,375,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “AristaMD Receives $1,375,000 New Financing”
TaskUs Lands $14,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1c896ca1-4f67-4146-9842-98148d504ab0 Date 3/24/2016 Company Name TaskUs Mailing Address 3233 Donald Douglas Loop South Santa Monica, CA 90405 USA Company Description Today, many of the biggest and most exciting companies in the world trust TaskUs with their vital business processes so that they can focus on true innovation. As a result the little … Continue reading “TaskUs Lands $14,000,000 New Financing Round”
CRISPR And Beyond: UCSD-Doudna Work Attracts Paul Allen’s Millions
CRISPR-Cas9 is well known, by people who follow science and some who don’t, as the new DNA editing tool that one day might cure genetic diseases or lead to designer babies. Or both. Whether those headline-grabbing scenarios come true, or CRISPR-Cas9 just remains a useful tool for all kinds of biological research, one thing is … Continue reading “CRISPR And Beyond: UCSD-Doudna Work Attracts Paul Allen’s Millions”
Gilman Scores for Atlas Again as Bristol Buys Padlock for up to $600M
For the second time in just over four years, former Biogen research executive Michael Gilman has steered a startup towards a buyout. This time, it’s Padlock Therapeutics, a fledgling developer of autoimmune disease drugs that’s about to join Bristol-Myers Squibb’s portfolio. Bristol (NYSE: [[ticker:BMY]]) has agreed to acquire Padlock in a deal that could be … Continue reading “Gilman Scores for Atlas Again as Bristol Buys Padlock for up to $600M”
Dear Biopharma: Give Us Better Therapies for Pain
The CDC released on March 15th new guidelines that advise strict limits on the prescription of opioids for pain. These guidelines respond to a stunning increase in deaths and addiction related to the prescription of opioids like OxyContin and Percocet. The CDC recommended against providing patients more than a seven-day supply of opioids for acute … Continue reading “Dear Biopharma: Give Us Better Therapies for Pain”
Telcentris Obtains $5,464,573 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=624fa0b5-d7fe-4506-85a8-2048ab87f648 Date 3/23/2016 Company Name Telcentris Mailing Address 9276 Scranton Road San Diego, CA 92121 USA Company Description Telcentris, developers of VoxOx, gives you the most complete, most sophisticated, unified communications solution on the planet, powering the most comprehensive service ever created. We bring you the future of communications. Website http://www.telcentris.com Transaction … Continue reading “Telcentris Obtains $5,464,573 New Round”
Acutus Medical Raises $75M to Map Abnormal Currents of the Heart
Acutus Medical, a suburban San Diego medical device maker with new technology for diagnosing and treating irregular heartbeats, said today it has closed on $75 million in Series C funding. The all-equity round includes new investors Deerfield Management, Xeraya Capital, and an undisclosed strategic investor. Advent Life Sciences, the company’s founding investor, also joined the … Continue reading “Acutus Medical Raises $75M to Map Abnormal Currents of the Heart”
Big Data Meets Big Biology in San Diego, and Tickets Are Going Fast
Less than 15 tickets remain for next week’s Xconomy forum on Big Data Meets Big Biology. Join innovators in both data science and the life sciences on March 31st as they discuss how they are combining forces to solve some of the most-deeply entrenched problems in genomics, digital health, and other fast-growing life sciences fields. … Continue reading “Big Data Meets Big Biology in San Diego, and Tickets Are Going Fast”
inQuba Secures New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=525d4ef2-97d9-43cf-beb1-04fcf2e8adc0 Date 3/22/2016 Company Name inQuba Mailing Address 520 Broadway Santa Monica, CA 90401 USA Company Description At inQuba, we help create great customer experiences through our vast experience and superior knowledge in CX, operations management, market research, and technology. Website http://www.inquba.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed … Continue reading “inQuba Secures New Funding”
TP Therapeutics Receives $17,979,732 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2280b6ad-de4c-4953-8e3c-c653459f3b23 Date 3/22/2016 Company Name TP Therapeutics Mailing Address 6650 Lusk Blvd. San Diego, CA 92121 USA Company Description TP Therapeutics, Inc. is a structure-based drug design company headquartered in San Diego, California. TP is focusing on the discovery and development of precision medicines for cancer and other diseases. Website http://www.tptherapeutics.com Transaction … Continue reading “TP Therapeutics Receives $17,979,732 New Funding Round”
Acutus Medical Secures $75,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=68327a66-aad0-4863-b4b3-dd6375fea6f9 Date 3/22/2016 Company Name Acutus Medical Mailing Address 2210 Faraday Ave. Carlsbad, CA 92008 USA Company Description AcutusMedical;Novel Dipole Density Electrophysiology Mapping System, Generating CT/MRI Quality, Real-Time 3D Images of the Heart Chamber & Electrical Conduction Website http://www.acutusmedical.com Transaction Type Venture Equity Transaction Amount $75,000,000 Transaction Round Series C Proceeds Purposes … Continue reading “Acutus Medical Secures $75,000,000 Series C Financing Round”
Beware the Potential Downside of Venture Capital Relationships
Conventional wisdom has it that entrepreneurs benefit from wide networks and strong ties with other organizations. Venture capital (VC) firms, in particular, are seen as a valuable source of funding, social status, technical knowledge, and expert advice for fledgling new businesses. But what if these same relationships can also create new liabilities for entrepreneurs? As … Continue reading “Beware the Potential Downside of Venture Capital Relationships”
West Coast Bio Roundup: Gilead Onco Woes, Adaptive Expansion & More
DiCE Molecules of Redwood City, CA, revealed itself this week with a new drug discovery scheme and a business model straight out of 2010. DiCE CEO Kevin Judice, a veteran of California biotechs that have produced anti-infective drugs, told Xconomy that DiCE would initially fund itself through two big pharma partnerships; the first, a five-year … Continue reading “West Coast Bio Roundup: Gilead Onco Woes, Adaptive Expansion & More”