San Diego startups raised just over $889 million in the second quarter of 2019, a slight increase from last year.
Agtech Co. Developing Sensors to Monitor Moisture, Salinity
GroGuru, a San Diego startup building sensors for crops, named EvoNexus CEO Rory Moore to its board on July 1.
A Chicago-Based Company Buys 2 Building Medical Office Campus for $90M
Life science and medical office space drew significant investment in two recent San Diego transactions.
Company Has Raised $28M, Plans to Start With Bigger Fleets
A number of tech firms are trying to overhaul the trucking industry.
E-Commerce Startup Aims to Deliver for Independent Grocers
Mercato, a San Diego startup building an e-commerce platform for independent grocers, recently closed a $4 million funding round.
STARTUPS: Eleven Companies Affected By Sudden Closure
With its CEO and board members facing allegations in a civil lawsuit, tech incubator ThinkTank Innovation Inc. suddenly shut down on July 8.
Irvine Co. Office Properties has leased a 38,000 square foot building in Sorrento Mesa to PCI Pharma Services.
MANUFACTURING: Co. Forecasts $12 Million in Revenue for 2019
Cullen Raichart has always had a knack for mechanics and machinery. As a teenager, he remembers helping his dad solve a problem he had with a machine by taking a part out of another machine and putting them together.
Amsterdam Selected for Its Established Ecosystem Supporting AI and Robotics
Brain Corp., a San Diego company developing technology that allows industrial cleaning robots to drive themselves, plans to open its first European offices in the Netherlands.
The purchase price for the industrial space was approximately $4.8 million.
ThinkTank Innovation, a new tech incubator in UTC, shut down on Monday after its CEO and board were hit with fraud allegations in a lawsuit.
Private Bancorp of America Inc., the La Jolla-based parent of CalPrivate Bank, said it recently completed a $10 million private placement of common stock.
As per the purchase agreement, the Master Issuer is allowed to borrow up to $150 million of its Series 2019-1 Class A-1 notes on a revolving basis.
TECH: Construction Software Co. Got In Early, Adds New CTO
Fresh off a $12 million funding round, construction software startup eSUB is quickly building its business.