VCs Invest $243M in San Diego Startups in Q1, Tech Drought Continues

(Page 2 of 2)

K.T. Lim, the Malaysian billionaire who runs the gambling conglomerate Genting Berhad.

Venter said a “not insignificant” part of the funding also came from Illumina (NASDAQ: ILMN), which is providing two of its new HiSeq X Ten genome sequencing systems. Each system costs $10 million. The Menlo Park, CA, venture firm DFJ also invested in HLI, but no amount was listed in the MoneyTree data. The MoneyTree Report only counts venture capital investments, however, and some aspects of the HLI deal might not have met their criteria for inclusion.

Here is the MoneyTree list of all companies in the San Diego area that received venture funding during the first quarter that ended March 31:

Lumena Pharmaceuticals; San Diego; $45.5 million.

Luxtera; Carlsbad, CA; $37.4 million.

Abide Therapeutics; San Diego; $25 million.

Suneva Medical; San Diego; $20 million.

Thesan Pharmaceuticals; Carlsbad, CA; $17.4 million.

Ruiyi; San Diego; $15 million.

Elcelyx Therapeutics; San Diego; $12.7 million.

Vital Therapies; San Diego; $12 million.

Lithera; San Diego; $8 million.

TakeLessons; San Diego; $7 million.

Avelas Biosciences; San Diego; $6.85 million

Emotient; San Diego; $6 million.

Axikin Pharmaceuticals; San Diego; $6 million.

Cebix; San Diego; $6 million.

Mogl; San Diego; $5.9 million.

PatientSafe Solutions; San Diego; $3 million.

Assay Depot; Solana Beach, CA; $3 million.

GroundMetrics; San Diego; $2.3 million.

SGB; San Diego; $1.7 million.

Kyriba; San Diego; $1.4 million.

Ambrx; San Diego; $110,000.

Human Longevity; San Diego, no amount given.

Precision Repair Network; San Diego, no amount given.

 

Single PageCurrently on Page: 1 2 previous page