EvoNexus is accepting applications for its San Diego Deep Tech & Life Science Incubator.
The deadline is February 14 at 5 p.m.
EvoNexus, San Diego’s biggest tech startup incubator, helps entrepreneurs transform their ideas into commercially-viable companies.
Founded in 2009, the group has offices in San Diego, Orange County, and recently expanded its footprint in Silicon Valley in collaboration with Royal Bank of Canada and Franklin Templeton.
In 2018, the nonprofit transitioned to an equity model by initially taking a 4% to 5% stake in portfolio startups in exchange for workspace support and mentoring.
A year later the program now takes 1% stake in order to attract top talent and continue the value growth of its portfolio.
For over a decade, the incubator has been under the leadership of longtime CEO Rory Moore and several other startup veterans. Last year, the group bolstered its executive leadership team by adding President Marco Thompson, Chief Technology Officer George Chrisikos and Chief Financial Officer Danielle Toledo.
To date, $1.9 billion in funding and acquisition outcomes have been achieved by EvoNexus startups.
EvoNexus is supported by corporate investors, including some of the largest multinational corporations in the world, such as Qualcomm and Viasat. Its companies receive Class A offices and dry lab spaces provided by the Irvine Co.
Startup & Software reporter Fred Grier can be reached at firstname.lastname@example.org or 858-277-6897.