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.
Ben Shapiro, a self-proclaimed tech-geek and senior at San Diego State University (SDSU), used his experience as a freelance technician to co-create a company that empowers older adults to confidently use technology.
That company, TekMate, founded at SDSU, offers live technology classes, personal one-on-one training sessions, and remote business-to-business services to local senior living homes.
When Shapiro and his co-founder Micheal Viesca, crossed paths through the Lavin...
Trovata.io, a banking technology startup that creates an easily understood dashboard for companies to understand the amount of cash they have, forecast more quickly, and manage cash flow, raised $20 million in a series A round.
This round was led by Wells Fargo Strategic Capital. The $20 million will be used to deliver new services and accelerate multi-bank APIs to add more bank partners. Read more here.
BlueNalu, an innovative food company that uses cellular technology to create cell-based fish products, just received $60 million in convertible note financing. With this money they plan to become the leader of cellular aquaculture to support the sustainability and diversity of the ocean. This new funding will be put towards a new pilot production facility (the first of its kind for cellular-based seafood), FDA approvals, and marketplace testing.
Read more about this...
Qualcomm bought Nuvia, a two year old startup responding to the increasing technological demand with silicon chips. Its three founders all worked on the chip fundamental to Iphone and Ipad function. These engineers will join the Qualcomm team and likely help them grow in the 5G space.
Read more about it here.
Mosaic, a company that is changing the way financial decisions are made by providing CFOs with real-time data and insights, brought its total funding to $21 million. Thanks to General Catalyst, Felicis Ventures, Village Global and XYZ Ventures bringing in $18.5 million Mosaic can now accelerate its product development and grow its team across multiple departments. Read more about the funding here.
By Sonam Jain
Jack Pan, CEO and Founder of Ocean Motion Technologies, followed his childhood dreams and developed and pursued a career exploring the depth of science and technology, with a sustainable twist
Pan graduated in 2013 from UC Irvine with a bachelor's degree in Earth Environmental Sciences. Soon after, he obtained his Master’s and Ph.D. from The Scripps Institution of Oceanography in Polar Oceanography - a field which has intrigued him since he was 10 years old. Part of his...
Human AI, formerly Luther.ai, raised $3.2 million in funding to create an extension of human memory. Many from the team, including CEO Suman Kanuganti, most recently come from Aira, which was recently acquired. Read more in the blog announcement and on TechCrunch.
By Alex Waters, Director at CONNECT ALL @ the Jacobs Center
For the past five years, I’ve had the privilege of diving into San Diego’s startup industry, and getting familiar with its ecosystem in many ways -- from being a volunteer with Startup San Diego and Startup Weekend, to an innovation coach and University of San Diego instructor, and now in my role as the director of CONNECT ALL @ the Jacobs Center, the City of San Diego’s first business accelerator program designed for...