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Startups Move Into New EvoNexus San Diego Incubator

socalTECH

A group of startups have moved into a new, downtown San Diego startup incubator run by CommNexus , as that group's EvoNexus incubator expands into a second site. The startup incubator effort is being headed by Kevin Hell, the former CEO of DivX. The new startups moved into the incubator last week.

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Vertex Pharmaceuticals Sets Up New Research Site In San Diego

socalTECH

Vertex Pharmaceuticals , a biotechnology company that develops treatments for cystic fibrosis (CF) and other diseases, has opened up a new, 170,000 square foot facility in Torrey Pines, San Diego. According to Vertex, its new facility is a "significant expansion" of its presence in the area. READ MORE>>.

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8 Incubators From Around the Country You Might Not Have Heard of Before

Tech.Co

Here at TechCo, we’ve done plenty of lists rounding up the most impressive incubators, accelerators, and coworking spaces in plenty of major cities and across a variety of sectors, from the best healthcare accelerators to a collection of the top women-only coworking spaces. Social Impact Incubator. Brooklyn Foodworks.

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IO Semiconductor Finds $1.0M

socalTECH

San Diego-based IO Semiconductor , a semiconductor firm which is one of the firms in the CommNexus EvoNexus incubator program, has raised $1.0M The firm said on its site that the funding is part of a "multi-stage funding agreement" with an un-named private investor. According to the filing, the funding is part of a $14.0M

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GE Healthcare Opens Startup Labs at Former AstraZeneca UK R&D Site

Xconomy

The AstraZeneca (NYSE: AZN ) site in Macclesfield, UK, housed 3,500 staff and was instrumental in developing a number of its cancer drugs including tamoxifen (Nolvadex), goserelin (Zoladex), bicalutamide (Casodex), anastrozole (Arimidex), and gefitinib (Iressa).

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Interview with Joel Milne, RepairSmith, Daimler's Mobile Auto Repair Venture

socalTECH

We can do about 85 percent of all repairs on the driveway, on site. If we diagnose something major, where a vehicle has to be taken off site, we will take that vehicle and then bring it back when its done. We have Los Angeles, San Diego, Orange County, and San Francisco launched. So, whats next for you?

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Versant Closes on $400M Fund, Eyes More Biotech Deals in Europe

Xconomy

With the closing of its sixth fund announced Tuesday, San Francisco-based Versant now aims to invest in as many as 25 companies in both North America and Europe—half of those investments in “companies we create from scratch,” says Brad Bolzon, Versant’s managing director. Versant takes.

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