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Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

Funding Puts EvoFem in Position for Product Launch

Through a private stock placement Evofem Biosciences raised $30 million and said a second tranche is expected to provide up to $50 million more as the company gets closer to asking for regulatory approval of its birth control gel.

ServiceNow Founding Developer’s New Startup Raises $8M

Perspectium, a Rancho Bernardo startup created by a co-founder of ServiceNow, raised $8 million in a Series B funding round.

San Diego Is Test Market for Company’s Micro Apartments

PROPERTY: Luxury Offering Short on Space, But Big on Amenities and Style

Tiny apartments — some so small that they’d almost qualify as walk-in closets — are making a go of it in downtown San Diego.

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Constellation Brands to Close Trade Street Ballast Point Brewing Facility

According to a spokesperson for Constellation Brands, the Trade Street R&D brewing facility will “transition over the coming months.”

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Sempra Wind Asset Sale Completes $2.5 billion Divestiture

Sempra Energy announced the completion of its divestiture of its U.S. renewable business and non-utility natural gas storage assets April 22. The company said it completed the sale of its stake in operating and development-stage wind assets to American Electric Power Co.

Cubic Secures U.S. Navy Aerial Refueling Supplier Contract

The Boeing Co. has tapped Cubic Corp. to aid in the development of the U.S. Navy’s first unmanned aerial refueling aircraft.

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SD 500: Craig Dupper

Craig Dupper in 2018 founded a private equity firm based in Carlsbad after 16 years as the local presence for Newport Beach-based Solis Capital Partners LLC.

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San Diego Firm Funds West Hollywood Building Rehab

San Diego-based Wilshire Quinn Capital has provided a $2.2 million rehabilitation loan for a retail property in West Hollywood.

SD 500: Lee Chesnut

Lee Chesnut is principal and founder of Chesnut Properties, a Solana Beach-based commercial real estate investment and development company.

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Swinerton’s Winning Hand

BUILDING: Co. Cultivates Trust, Dependability and Skill To Win Casino Contracts

In the last few years, an estimated $1 billion has been spent on renovations and expansions of casinos in San Diego County.

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Special Report: Seeking Approval

Downtown Development May Take a New Turn As Civic San Diego Loses Its Role in the Process

The demise of Civic San Diego as the arbiter of downtown development may slow approval of new projects or may lead to better oversight.

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Aquacycl Helps Food and Beverage Cos. Deal With Sludge

Most San Diegans can appreciate a good glass of beer. But few think about what’s left after the brewing process.

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Airport Innovation Lab Selects Diverse Lineup for Cohort

Five new startups will join the San Diego International Airport’s accelerator program this summer. The Airport Innovation Lab picked companies for its second cohort since it launched the program in 2018.

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PhaseBio Drug Receives ‘Breakthrough’ Designation

PhaseBio’s drug that aims to stop bleeding events received a breakthrough drug designation from the U.S. Food and Drug Administration. That follows an initial public offering and promising test results.

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Viasat Partners to Provide High-Speed Internet in Brazil

Carlsbad-based Viasat Inc. announced April 16 that it signed a wholesale distribution agreement with Ruralweb in Brazil.

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