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In This Week's Issue
STARTUPS: Third Consecutive Quarter of Record Investments
San Diego’s venture capital funding in the first half of 2021 shattered records as $2 billion was invested in the second quarter into fast-growing companies.
TECH: Co. Purchased for $110M Cash and Shares
Cellink, a multibillion-dollar unicorn startup in Sweden, has acquired San Diego-based Discover Echo for $110 million.
BIOTECH: Funding Backs Cell Therapy
Wugen, Inc. raised $172 million in Series B funding to advance its pipeline of off-the-shelf cell therapies for cancer. The oversubscribed financing will also help the Missouri-based biotech grow its presence in San Diego.