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Avalon Ventures Backs LoopIt

socalTECH

San Diego-based venture investment fund Avalon Ventures has made a seed investment in a developer of a social shopping service, LoopIt , according to the companies. Size of the funding was not announced. and is a spinout of Redstar Ventures, a venture incubator firm in Cambridge. LoopIt is based in Cambridge, Mass.,

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Nerio Therapeutics Finds $3.0M

socalTECH

in funding--in what looks to be an ongoing $5.7M funding raising effort. The funding was disclosed in a regulatory filing. La Jolla-based Nerio Therapeutics , a new, stealth-mode company in the life sciences sector, has raised $3.0M

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Avalon Leads $18M in Early Funding for Cancer Immunotherapy Startup

Xconomy

[ Note: The headline has been corrected to better describe the company’s type of funding. Fortis Therapeutics, a new San Diego biotech, has raised $18 million in initial funding to develop drugs for hard-to-treat prostate and bone marrow cancers. 9/27/16, 2:09 p.m. Bregua Corp.,

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ScoreStream Nabs $2M For Local Sports Crowdsourcing

socalTECH

The startup--led by technology startup vet Derrick Oien--said the funding was led by Sinclair Digital Ventures, a division of Sinclair Broadcast Group. Also participating in the funding was Avalon Ventures, New Enterprise Associates, and angels, including Kevin Plank (Under Armour) and Paul Palmieri (Millennial Media).

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Plug and Play San Diego Finds Home in New Downtown Works Space

Xconomy

Plug and Play San Diego, established in 2013 as a satellite of the Sunnyvale, CA-based incubator, has funneled 15 local startups through the Silicon Valley program after providing some coaching and other services in San Diego. It’s really cool.”. Reprints | Share: UNDERWRITERS AND PARTNERS.