THE LOCAL BUZZ
Fueled by:
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There’s a great New York Times
article
by Erin Griffith and
Twitter conversation
happening right now centered around the question, do all startups need venture capital? It’s a great question, and the obvious answer is no. San Diego specifically, while we have seen larger amounts of capital come into the region recently, has a history of building some big tech companies without the immediate need for venture capital. An example would be GoFundMe, which bootstrapped for the first seven years after founding before raising its first round.
Or read in today's Fresh Brewed Tech
IMPACT series article
about a local entrepreneur who chose the non-profit route for his needed funding.
While startups do typically differ from small businesses by growing at faster rates and therefore typically needing outside funding, there are other models that benefit the right kind of company. What do you think? What are some other examples of San Diego companies maintaining hyper growth without large venture capital rounds?
Cheers!
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ORIGINAL BREW
Our team of
local writers
gives a fresh look inside the San Diego tech ecosystem past and present
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TritonTech:
Nanome:
Local UCSD startup Nanome is building intuitive software aimed at democratizing science, engineering, and research by leveraging the latest virtual reality and blockchain technology.
Read more here
about how the company’s tools can personalize medicine and fight diseases that are affecting billions of people.
AzTech: Trust & Will:
An entrepreneurial trio, consisting of two San Diego State Aztecs,
has created a startup that is modernizing the $170 billion estate planning industry with an easy, fast, and secure way for people to set up their estate plan online.
Read more here
.
Impact: Kitchens for Good:
Join Carter Crockett as he explores how one local organization is breaking the cycles of food waste, hunger, and poverty through innovative solutions in workforce training, healthy food production, and social enterprise.
Read more here
.
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Join Neal Bloom as he chats with Sergey Sundukovskiy, Co-founder, CTO, and CPO of Raken, a field management solution for the construction industry. Tune in to hear all about Sergey's journey from Ukraine to UCSD and his career path to entrepreneurship.
T
hanks to our partners at Cox Business for supporting our tech and startup ecosystem.
Listen:
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SAN DIEGO TECH ECOSYSTEM NEWS
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San Diego EDC has launched a "Just Say No To Winter"
campaign
targeting STEM talent ages 27-37 in areas that experience harsh winters, such as NY, Chicago & Boston
SCALE San Diego
partners
with US Ignite, City of San Diego, and Cox Communications to tackle smart city initiatives
Coworking space in San Diego has
surpassed
the million-square-foot mark, and experts are saying the demand for these spaces isn't going anywhere
The local startup scene
raked
in $2.5B from VCs in 2018, nearly twice as much money as the prior year
San Diego's Analytics Ventures is
attracting
people to its advisory board from the likes of Qualcomm and GE Ventures
Girls Take Flight
gives
San Diego high school girls life-changing drone skills
Classy saw nonprofits
raise
a record-smashing $24M on its platform on New Year's Eve
New South Park coworking space, Ivy Street, is
open
for business
Keep up with the latest SD tech news
here
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Liver drug developer Cirius Therapeutics has
outlined
plans for its $86M IPO
Dexcom joined in on strategic partner Beta Bionics' Series B round, which
raised
a total of $63M
Cooler Heads, Hydrostasis, and Vivid Genomics have
completed
the Ad Astra Ventures 12-week intensive program, each receiving $20K
Carlsbad-based SleepScore Labs is
teaming up
with Dr. Oz to raise awareness of the importance of a good night's sleep
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CommonGrounds Coworking,
$100M
with Mohamed Alabbar, Pacifica Enterprises, Davidson Capital Group
TaxJar,
$60M
with Insight Venture Partners
Wiliot,
$30M
with Amazon, Samsung, Qualcomm Ventures, Avery Dennison
Roswell Biotechnologies,
$32M
PetDesk,
$12M
with PeakSpan Capital
AlwaysAI,
$4M
with BlueRun Ventures
Sun Genomics,
$3M
with IndiBio & SOSV
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IPOs
Poseida Therapeutics,
$115M
preliminary filing
Cirius Therapeutics,
$86M
preliminary filing
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Director, Learning and Development,
Kyriba
(UTC)
Full Stack Software Engineer,
Doctible
(Mission Valley)
AI Software Marketing Manager,
Intel
(Sabre Springs)
Product Designer,
Hero
(San Diego)
VP of Engineering,
Lawn Love
(Rancho Bernardo)
Business Development Representative,
Sourcify
(North Park)
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Ensuring Product Success Through Customer Validation,
Jan. 24
South Bay Hera Labs Demo Nite,
Jan. 24
i2 Innovation Initiative Funding Forum 2019,
Jan. 30
Company Culture 101 - Understanding What It Is and Why It Matters,
Jan. 30
North County Hera Labs Demo Nite,
Jan. 31
Applications Due for CONNECT ALL @ the Jacobs Center Accelerator,
Feb. 1
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"If you can't fly then run, if you can't run then walk, if you can't walk then crawl, but whatever you do you have to keep moving forward."
Martin Luther King Jr.
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