RETAIL: He Says He Might Have Platform for $1B Company
You can call bamboo wood or you can call it grass. Cali Bamboo continues to grow like the latter.
TECH: Deal Could Close By Year-End; Müller Expected to Remain CEO
The leaders of Poway-based Cohu Inc. saw opportunity when U.S. regulators blocked a Chinese company from acquiring a competitor.
A San Diego software startup that bills its content platform as a rival to presentation program PowerPoint has raised a $1.5 million seed round from a Utah-based venture capital firm.
The San Diego Venture Group said US Venture Partners (UCVP) partner Dafina Toncheva will keynote its Venture Summit event Aug. 16.
This may come as no surprise to anyone who’s driven through downtown San Diego and seen all the construction cranes, but more new apartments are being built downtown than anywhere else in San Diego County, according to Apartments.com, an apartment listing company.
With office space at a premium in San Diego and rental rates rising, many companies are eager to renew their leases.
RETAIL: Sash Sold 30,000 Last year; It’s Currently Expanding Manufacturing
Eight years ago, Nichole MacDonald, founder and chief bag lady of San Diego-based Sash Group Inc., found herself homeless with her then 5-year-old son after her recycled, eco-friendly bag business, Bagonia, failed to get off the ground.
The San Diego Workforce Partnership recently launched OpportunitySD, a movement to dramatically reduce the number of opportunity youth — young adults ages 16-24 who are neither in school nor working — in the region.
The latest jobs report from the Bureau of Labor Statistics showed the U.S. economy creating nearly 30,000 more jobs than economists had predicted, the 91st consecutive month of job growth.
FINANCE: Ansun Led the Way With $85M Series A
It’s another record-setting quarter. Investment in San Diego-based life sciences companies hit a record high $427.5 million in the second quarter of 2018, according to a July CBRE Group Inc. report. This figure beat the preceding quarter’s $417.9 million in investment, which was a record at the time, and represents a 32 percent year-over-year jump.
On average, stocks of public life sciences companies in San Diego gained 12 percent during the second quarter, lifted in large part by a diabetes pump maker.
BANKING: Finance Solutions Offered for Current Cash Business
Armored vehicles. Vaults. Talk of cryptocurrency. These are realities for San Diego marijuana businesses like Outco that are unable to obtain bank accounts.
The three-year contract with G2 is the biggest the port has landed in years and will bring an estimated $600,000 in revenue annually for the San Diego Unified Port District.
Life sciences veteran Kieran Gallahue was named to Arena Pharmaceuticals’ board of directors.
San Diego-based Synteract has acquired Cu-Tech, and has established a center for dermatology development, with the aim of being a big player in dermatology clinical trials.
Quarterly dividends were boosted 9 percent as of midyear.
WD-40 Co. reported record high sales and earnings results for its third quarter, which ended May 31.
Project serves the University of Oregon in Eugene.
HOUSING: Co. Controls All Costs, Taps Community Spirit for Projects
Building affordable, middle-wage homes in San Diego’s pricey real estate market takes patience, tenacity, and a commitment to improving the community.
Middle-Wage Earners at the Mercy of A Continued Strong Market As Developers Mostly Deliver More High-End Units
Low vacancy rates are keeping the San Diego region’s multifamily market strong for real estate investors, but builders warn that not enough middle-wage units are being built to keep pace with population growth.