Genomatica acquired Renewable Energy Group's life sciences division on June 6.
Medical Devices: Kaer Biotherapeutics Receives SBIR Grant
Escondido-based Kaer Biotherapeutics received a $300,000 federal grant to help it develop medical technology that could potentially help premature babies and adults with respiratory problems.
Be Selective; Raise Funds Before You Need Them
Seismic Founder and CEO Doug Winter closed on $100 million in funding for his company in December. With the additional funds, the company has been preparing to go public, including hiring a chief financial officer who helped take ServiceNow public.
Funds Go Toward Unmanned Aircraft, Ship Repair and IT
The following are selected defense contracts awarded to San Diego County companies during late May. The U.S. Department of Defense releases a digest of contract awards daily at 5 p.m. Eastern Daylight Time.
Workforce: Costs, Benefits and Enthusiasm Draw Startups
After working for San Diego-based software firm ArkusNexus for two years, Lonnie McRorey and Jesus Romero set out to start their own company. They founded Framework Science in 2017 in a tiny office in Tijuana.
Lenny Comma, CEO of San Diego-based Jack in the Box Inc., isn’t one for gossip. He won’t talk extensively about the NFA, or the National Jack in the Box Franchisee Association, which has called for the replacement of Comma multiple times in the last few months following a vote of “no confidence."
Pharma: Analyst Says Main Targets Must Be Hit
Tocagen recently reported that a clinical trial of its brain cancer drug candidate will continue after an interim analysis. Afterward,its stock fell sharply, but company analysts were still mostly optimistic that the San Diego drug maker will deliver.
Product Gives Wheelchairs Access Through the Sand
A San Diego entrepreneur is developing a solution to help adaptive surfers and other outdoors enthusiasts navigate bumpy surfaces, where wheelchairs often sink. Kelly Twichel, an occupational therapist, founded Access Trax last February.
Caroline Winn became COO in 2017; previously she was chief energy delivery officer.
Jack in the Box CEO Lenny Comma must have had dreams of driving up to a fast-food window and the cashier asking if he wants strategic alternatives with that burger. Well, things have sorted out at San Diego-based Jack in the Box.
software: Funding Is $20M+
Wendy Rogers weathered industry skepticism and the Great Recession in building her software-as-a-service company, eSUB Construction Software Inc. San Diego-based startup eSUB Construction Software raised $12 million in a Series B funding round on May 29.
STARTUP: ‘Shark Tank’ Boosts Interest; Co. Battles Knock Offs
Founded in 2016 by CEO Noel Durity, a San Diego-based real estate broker, Twist It Up Comb came about after Durity realized using an actual tennis racket in a circular motion to twist his afro-centric hair was not only functional, but also cost-effective and sanitary; most twisting products currently in the market are porous sponges that tend to wear out after time.
According to a news release, Societe self-distributed for seven years, since launching in 2012.
PROPERTY: Two Million Square Feet Project May Draw Other Companies
A four-story distribution center that would be among the largest industrial buildings in San Diego County is being built for Amazon on a 65-acrce site in Otay Mesa.