San Diego is renowned for its beaches, its universities, and its technology. With the next generation of technology leaders, San Diego is heating up and just getting started. This newsletter is predominantly going to non-local investors to shed light on the growing San Diego technology scene through financial data and news. We welcome your feedback and involvement in supporting our ecosystem. #GoSanDiego

San Diego Fund News

  • Illumina, genomic powerhouse, raises $40m from Viking Global Investors for companies entering accelerator and now accepting applications here
  • Finistere Ventures, Carmel Valley-based VC, raises $150m fund for aggie and bioscience startups and opens Palo Alto office
  • Huntington Capital, La Jolla-based VC, raises $91.7m fund
  • TVC Capital, Carmel Valley-based VC, raises $115m fund for software company investments

Currently Raising

  • Tap Hunter, bar inventory software and consumer app
  • Athlete IQ, online endurance athlete community, social media consolidation, and e-commerce platform email delivery alerting, troubleshooting, resolution, and optimization
  • Classy, fundraising software for nonprofits
  • Email Copilot, email delivery alerting, troubleshooting, resolution, and optimization (previously Embarke)

Ecosystem News

  • Qualcomm Robotics Accelerator, powered by Techstars, Gears Up – Applications were due March 8th and program begins May 26th with 10 startups and up to $120k per startup from Qualcomm Ventures and Techstars.
  • New UCSD on campus startup incubator, The Basement, launches with seed funding from UCSD alumni Mark Suster, Jeff Belk, and Aryeh Bourkoff
  • San Diego Startup Week is June 14-20 with events to be posted here. Speakers needed for FailFastCon. Let us know if we can provide special passes for you and any of your guests
  • EvoNexus incubator Demo Day sees 16 companies demo with Sonic VR as crowd favorite. Coverage and recap


San Diego Tech In the National News

  • National Geographic Smart Cities - San Diego spotlighted as only U.S. city picked for Nat Geo’s new Smart Cities tv show. More info
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