Elise Reuter

Reporter

Email: ereuter@sdbj.com
Phone: 858-277-6971

Recent Stories

Qualcomm Upgrades Latest Chipset for Gaming, VR

Qualcomm introduced its newest chipset, the Snapdragon 855 Plus, which includes improvements that make it better suited to gaming and virtual reality.

Sony Launches $185 Million Tech Fund

Sony launched a new fund, Innovation Growth Ventures, to invest in tech startups.

Platform Science Looks to Get Telematics Systems Working Together

Company Has Raised $28M, Plans to Start With Bigger Fleets

A number of tech firms are trying to overhaul the trucking industry.

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Mercato Closes $4M Funding Round

E-Commerce Startup Aims to Deliver for Independent Grocers

Mercato, a San Diego startup building an e-commerce platform for independent grocers, recently closed a $4 million funding round.

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Incubator Shuts Down Amid Allegations

STARTUPS: Eleven Companies Affected By Sudden Closure

With its CEO and board members facing allegations in a civil lawsuit, tech incubator ThinkTank Innovation Inc. suddenly shut down on July 8.

GroGuru Names EvoNexus’ Moore To Its Board

Agtech Co. Developing Sensors to Monitor Moisture, Salinity

GroGuru, a San Diego startup building sensors for crops, named EvoNexus CEO Rory Moore to its board on July 1.

Carlsbad-Based Coworking Company Expands to Washington D.C.

Carlsbad-based coworking company signed a lease to open a new space in Washington D.C. It's the fourth lease the company has signed so far this year.

Brain Corp. to Open Its First European Headquarters

Amsterdam Selected for Its Established Ecosystem Supporting AI and Robotics

Brain Corp., a San Diego company developing technology that allows industrial cleaning robots to drive themselves, plans to open its first European offices in the Netherlands.

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Nanome Creates Platform To Visualize Molecules In 3-D Interface

Company Licenses Out Its Software on A Subscription Basis

While pursuing his degree in nanoengineering program, Nanome founder and CEO Steven McCloskey had an idea: Why not create a tool that makes it easier to visualize molecules, using computer graphics?

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Incubator Shuts Down Amid Controversy and Pending Lawsuit

ThinkTank Innovation, a new tech incubator in UTC, shut down on Monday after its CEO and board were hit with fraud allegations in a lawsuit.

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San Diego Startups Raised $889 Million in Q2

San Diego startups raised just over $889 million in the second quarter of 2019, a slight increase from last year.

After $12M Series B, eSubTurns to Team Building

TECH: Construction Software Co. Got In Early, Adds New CTO

Fresh off a $12 million funding round, construction software startup eSUB is quickly building its business.

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Startup San Diego’s Executive Director Leaving for Bay Area

Board Will Select New Leader; Russell Will Leave in July

Jarrod Russell, Startup San Diego’s first full-time executive director, will leave for the San Francisco Bay Area this summer.

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CureMatch Brings New First On Board Company

New Position Ensures Compliance in Technology

CureMatch, a San Diego startup that uses algorithms to match patients with cancer treatments, is building out its executive team. The company hired first Chief Technical Officer, Viktor Novy.

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Judge Denies Qualcomm’s Request for Stay in Antitrust Ruling

District Judge Lucy Koh denied Qualcomm's request for a stay after she found the company's licensing practices violated antitrust law.

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Three Local Companies Have Gone Public So Far This Year

VC Cash Flowing Gives Cos. Options; In 2018, S.D. Startups Raised $2.5B in Venture Capital

Even as the number of IPOs dipped across the U.S., California saw an uptick in companies making the jump to go public, driven by large venture capital investments. San Diego was no exception, with three companies making their public debut so far this year.

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Grocery E-commerce Startup Mercato Raises $4 Million

Mercato, a San Diego startup building a delivery platform for independent grocers, recently closed on $4 million in funding.

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JLABS’ S.D. Incubator Is Model of Innovation

BIOTECH: It Sources Promising Cos., Talent; 13th Location Planned

Wellspring Biosciences, a San Diego startup developing targeted cancer drugs, got its start in local biotech incubator, Johnson & Johnson Innovation - JLABS.

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EvoNexus Head Joins GroGuru’s Board

EvoNexus CEO Rory Moore joined San Diego AgTech startup GroGuru's board.

Brain Corp Opens New European HQ

Self-driving robot company Brain Corp. is opening a new office in Amsterdam, its second location overseas.

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Startup Cos. Should Know the Perils of Plastic

FUNDING: Bootstrapping Recommended; Credit Cards Bring Additional Risks

Startups may turn to credit cards as a fast source of cash early on in their operations.

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ZeaKal Picks Up $10M In Funding; VC Firm To Get 8.7% Stake

Company to Expand Its Trials to Include Cannabis and Hemp

ZeaKal Inc., a startup developing technology to increase the photosynthetic capacity of crops, recently raised a little more green.

CureMatch Hires First CTO

CureMatch, a San Diego startup that matches matches cancer treatments with patients, hired its first CFO and CTO.

Aira Sees Time Is Right to Scale, Names New CEO

CEO Randall Has Experience Scaling Early-Stage Companies

Aira Tech Corp., a San Diego startup that uses agents to help blind and low-vision users navigate their surroundings, tapped a new CEO with a history at several big-name tech firms.

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Teradata Leadership Plots Change To Subscription Model

CLOUD: Relocation, Hiring and Adapting All Part of New Plan

Charged with leading Teradata through the biggest turnaround in its history, new CEO Oliver Ratzesberger took to the stage on June 13.

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VC Dollars Drive California IPOs

San Diego has seen three companies go public this year, according to a report by Ernst & Young.

Cannabis VC Invests $10M in San Diego Startup Working to Increase Crop Yields

Canopy Rivers Inc. invested in ZeaKal, a San Diego startup developing technology to make plants more photosynthetic.

NTConsult Selects San Diego as U.S. HQ, Hiring for Senior Roles

Co. Sees Those Leaders as Better Suited for Pursuing Biotech, Fintech and Medtech

A Brazilian software firm opened a new headquarters in San Diego. NTConsult, which has roughly 200 full-time employees between Brazil, Peru, Uruguay and the U.S., is building an executive team out of its new offices in Sorrento Valley.

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Startup Designs Car Alarm That Has a Sensitive Side

Plan Is to Out-Tech, Outprice Competition; Co. Taps Crowdfunding

One moment on a road trip inspired car enthusiast Marko Mandaric to found his startup, Bmmpr. He and his wife were driving to Seattle, and stopped briefly at a grocery store.

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NeuraLace Medical Closes $3.85 Million Seed Round

BIOTECH: Pain Relief Device Uses Magnetic Field

NeuraLace Medical, the medical device startup that won last year’s Quick Pitch competition, recently closed on a $3 million seed funding round.

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Aira Hires Former Facebook Exec as New CEO

Aira, a startup that uses agents to help blind and low-vision people navigate their surroundings, named a new CEO.

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Three San Diego Startups Chosen for Smart City Challenge

Three San Diego startups were picked as winners for the Ignite - SCALE - San Diego challenge.

Facing a Physical Problem, She Made It Her Business to Tackle It

RETAIL: Co-Founders Create Treatments For UTIs

Jenna Ryan co-founded Uqora with her fiancé in 2017. She had hoped to find a better solution for a common problem, the frequent urinary tract infections that had disrupted her life.

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ReFresh, One Digital Compete at Global Innovation Challenge

Companies Encouraged To Find Ways to Make Social Impact

Two local finalists competed at the University of San Diego’s Fowler Global Innovation Challenge recently.

Bunker Labs And Others Support Veteran-Owned Companies

Local Companies Get Network of Support and Space at WeWork

After serving in the U.S. Army for 12 years, Yolanda Clarke struck out to start her own business.

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Voyager Space’s Software May Lead To Better Hardware

Company's Platform Integrates Stages of Design

Darren Charrier and Faris Hamdi had interplanetary ambitions when the two founded Voyager Space Technologies. Both undergraduate students studying aerospace engineering at UC San Diego, the two had sought to create a robotic spacecraft that could extend the life of dying satellites.

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Airport Innovation Lab Opens Third Round of Cohorts

A new incubator at the San Diego International Airport is seeking applicants for its third cohort.

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Report: Apple Looks to Acquire Intel’s Modem Business

Apple is looking to acquire Intel's modem business, according to a report by the Information.

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EvoNexus Partners with Rady School of Management for New Fintech Incubator

EvoNexus is launching a new fintech incubator with the Rady School of Management, Franklin Templeton and the Royal Bank of Canada.

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Semiconductor Startup Atlazo Raises $3.4M Led by Tech Coast Angels

Atlazo, a company that makes semiconductors for health devices and wearables, closed a $3.4 million seed round.

Sustainable Chemicals Company Genomatica Makes First Acquisition

Genomatica acquired Renewable Energy Group's life sciences division on June 6.

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Blockchain Startup XY Cuts Staff by Half

Startup: As of March, Company Had 85 Full-Time Employees

The Persistent Company, a San Diego-based startup developing Bluetooth beacons on a blockchain network, cut more than 40 employees last week.

Seismic Software

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.

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Kyriba

Don’t Be Rushed; Focus On Obtaining Good Investors

Jean-Luc Robert founded Kyriba in 2004, after seeing a need for better tools for companies to track their cash flow. The company spun out of French firm XRT, and moved its headquarters to San Diego, where it is growing its local 120-person workforce.

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Tealium

Let the Team Figure Out the Course; Keep In Mind It’s a Marathon

Tealium CEO Jeff Lunsford brought together a cadre of former WebSideStory executives when he set off to build Tealium eight years ago. The software startup builds customer data platforms, which allow companies to manage marketing data from a host of different sources.

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Business Climate Stability May Be Rocked by Tariff

TRADE: Preparation Is Difficult; Long-Term Damage Is Likely

Two days after this article was written, the evening of June 8, the U.S. and Mexico struck a trade deal that would put potential tariffs on hold. The countries would revisit the deal after 90 days. Mexico's Congress would need to ratify another portion of the deal, President Donald Trump said on Monday, June 10.

Tech Coast Angels Accepting Applications for Quick Pitch

Applications for Tech Coast Angels' annual pitch competition are due on October 29.

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San Diego Regional EDC Program Plans to Create Jobs at Small Businesses

The San Diego Regional EDC plans to create 50,000 quality jobs at small businesses by 2030.

Tijuana Nurtures and Taps Tech Talent

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.

Company Puts Beach in Most People’s Reach

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.

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