Pipeline Therapeutics, a biopharmaceutical company focused on recovering brain function via neural regeneration, just raised $80 million in a Series C. The team plans to use the funds to advance their technology focusing on sensorineural hearing loss and another focused on multiple sclerosis.
Read more here.
COPAN Diagnostics has increased their COVID-19 test-kit production by over 4,000 percent since receiving $10 million from Apple’s Advanced Manufacturing Fund.
Teams at Apple, COPAN, and over 12 other US companies have partnered to create innovative processes and develop new machinery for COPAN’s Southern California facilities, playing a critical role in the fight against COVID-19.
COPAN has now shipped over 15 million COVID-19 sample collection kits to...
Anzu Special Inquisition I, a blank check company focused on transformative technologies for industrial use, filed with the SEC to raise up to $250 million in an IPO.
They will be offering 25 million units at $10 each. At the proposed deal, the company’s market value would be $313 million. Read more about the IPO here.
By Avery Guest
Deepak Atyam and the Tri-D Dynamics Team with the Bytepipe Technology
During his second year as a UC San Diego engineering student, Deepak Atyam was just looking for somewhere to 3D print rocket engines with friends and fellow students, Jesse Lang and Alexander Finch, when he stumbled upon the Moxie Center (now The Basement UCSD). The staff friendly reminded him that to work at the Basement, they would need to create a business case for their rocket engine developments,...
By Andrea Siedsma
Editor’s Note: This content was originally created by our team for the City of Vista.
This past year’s pandemic has forced scores of employees worldwide to become remote, which has driven the need to further improve the workplace experience.
As the pandemic resets major work trends, experts say it’s critical for business leaders to understand that large-scale shifts are changing how people work and how business is conducted.
In fact, a Gartner poll...
Nanome, a San Diego-based startup revolutionizing molecular research with virtual reality, just closed a funding round led by Bullpen Capital for $3 million. This money will help the company establish new business partnerships, build the company brand, and grow their science and engineering teams.
Nanome’s innovative technology allows scientists to collaborate virtually and get up-close to three-dimensional molecular structures. With the COVID-19 pandemic limiting access to in-lab...
San Diego-based Equip, raised $13 million in series A financing, supported by F-Prime, Optum Ventures, and .406 Ventures, bringing them to $17 million in total funding. Equip virtually delivers at home care for eating disorders, optimizing Family-Based Treatment. The company has launched in California, Texas, and New York, but they plan to use this round’s funding to expand its geographic reach. They also plan to build out its platform and grow its clinical team. Read more about the funding...
Hyperice has acquired RecoverX in preparation for the launch of a “new category of recovery technologies.”
Hyperice is an Irvine-based company specializing in recovery and movement enhancing technologies. RecoverX is the San Diego-based developer of a knee brace that delivers hot and cold therapeutic temperatures with the touch of a button.
The founders of RecoverX will be joining Hyperice ahead of a product launch expected this summer.
Read more about the acquisition...
Airspace, which manages shipping of sensitive packages like organs or highly valued parts for machinery, has just raised $38 million in a Series C round of funding. This is its third round of funding so far, raising $70 million in total. Current CEO, Nick Bulcao, says this round will help the company continue to grow not just in the U.S., but also abroad. Read more here.
Vessel, a health tracker app that creates a personalized wellness plan for each user, is to raise $8 million in a new seeding round. This round is led by Monogram Capital Partners and past angel investors include Jared Leto, Kelly Slater, and Neal Bloom. This brings their total funding to $14.5 million raised. Read more about the funding here.