SD FINANCE
Jamul Casino Names New President
Mary Cheeks was named new president and general manager of the property.
S.D. Sustainable Chemical Manufacturer Raises $90M
Genomatica, which manufactures plant-based chemicals, raised $90 million in an equity offering.
U.S. Bank Names Manuel Rodriguez as Market President
U.S. Bank has promoted Manuel E. Rodriguez to San Diego market president. Rodriguez, 38, was previously vice president within commercial banking at U.S. Bank in San Diego.
Companies Plan to Boost Exports Despite Trade Uncertainty
Nikia Clarke’s mission is to boost San Diego’s trading ties with other countries. As executive of the World Trade Center San Diego, which relaunched in 2015, Clarke has spent the past four years bringing opportunities to companies that have a product ripe for export, and helping them build connections both local and abroad to navigate the logistics of selling overseas.
Solana Center Recognized For Food Waste Solutions
Philanthropy
Solana Center for Environmental Innovation, or the Solana Center, was recognized for the 2018 Distinguished Program, “EMIES UnWasted Food Award” by the San Diego Food System Alliance for its commitment to food waste diversion programs in San Diego County. Solana Center’s Executive Director Jessica Toth received the award recently at the alliance’s annual Food Waste Solution Summit.
S.D. Angel Conference Pairs Experienced Investors With First-Timers
The conference will give participants a chance to try their hand at investing, and entrepreneurs a chance to compete for $200,000.
Investor Gets Observer Status on Viasat Board
Viasat Inc. said on Oct. 3 that a major investor, the Baupost Group LLC, will get a presence on its board as a non-voting observer. As of Oct. 4, Baupost had an $861 million stake in the Carlsbad company.
National Funding Acquires Fast-Growing Small Business Lender
After making an early investment in QuickBridge, National Funding acquired the company.
Mobile Voting Company Buys S.D.-Based Everyone Counts
Everyone Counts, an electronic voting registration company, was acquired by an Ohio company that specializes in mobile and blockchain voting.
Kratos Receives Contract for 6 Drones
Kratos Defense and Security Solutions Inc. announced Oct. 2 that it received a new contract award for six high-performance, jet-powered unmanned aerial drone system aircraft.
S.D. Driver Data Startup Gets $2 Million In Local Funding
Tourmaline Labs, which collects data through drivers' mobile phones, closed on $2 million in funding from two San Diego firms.
S.D.'s Gurtin Municipal Bond Management, With $14B in Assets, Bought by Pimco
Newport Beach-based Pacific Investment Management Co. is buying the municipal-bonds specialist to expand its tax-exempt investments business.
Cohu Closes Acquisition of Xcerra
Cohu Inc., the Poway company that makes equipment for semiconductor factories, announced on Oct. 1 that it has completed its acquisition of Massachusetts-based Xcerra Corp. for about $800 million.
Philanthropy: Veterans Receive Canine Companions With Power to Heal
Shelter to Soldier hosted its 6th Annual “Be the Light” gala at the Hyatt Regency La Jolla at Aventine presented by Cox Communications and in partnership with Ranch & Coast Magazine and Redfearn & Associates.
Cubic Wins $394M Bay Area Transit Deal
Continuing a winning streak in transportation, Cubic Corp. received a $394 million contract to provide the fare collection system for the San Francisco Bay Area’s transit providers. The deal runs through 2032.