Sky-High Stock Prices Fueling Record Run
With stock prices marching steadily higher since the end of the global financial crisis in 2008, it’s no surprise that San Diego’s largest public companies saw sizeable market cap gains in FY ‘21, confirming that old Wall Street adage that “a rising tide lifts all boats.”
Qualcomm (Nasdaq: QCOM) and SSW Partners, a New York-based investment partnership, have teamed up to acquire Veoneer for $4.5 billion.
Digital Technologies and Customer Demand Are Shaping the Industry’s Priorities
A response to industry disruption does not come close to describing how quickly the banking industry has embraced digital banking.
TECH: Carlsbad Startup Plans to Accelerate Sales, Marketing Efforts
Carlsbad-based GigaIO has completed a Series B funding round totaling $14.7 million.
TECH: Startup Secures $26M in Oversubscribed Funding Round
Truepic, the San Diego startup on a mission to restore trust to the internet, has raised $26 million in a Series B funding round led by M12, Microsoft’s venture fund.
Launched in 2019, the annual event will make a comeback on Saturday, October 30.
RESTAURANTS: $1B Co. Focusing on Growth, Opening New Stores
Jack in the Box, the $1 billion fast food chain, has a strategic development plan in place to continue to scale and grow the brand.
Surveying the Changing Business Landscape in San Diego
The COVID-19 pandemic has impacted every facet of life, including how businesses operate.
TECH: San Diego Startup Adds New Partners, Expands Services Globally
San Diego startup Measurabl announced Sept. 14, it had closed a $50 million Series C funding round.
Serving San Diego and Orange counties
Cue Health will offer 12.5 million common shares for a range of $15 to $17 per share, according to its amended IPO.
BIOTECH: Ag-Tech Co. Aims to Change Food Supply Chain
Plantible Foods, a local agriculture-tech start-up developing a plant-based protein, raised $21.5 million in Series A funding.
Scientist.com expands its offerings of "biotech as a service” (BaaS) platform
STARTUPS: Weekend Event Includes Fast-Pitch Competition
Funding is what’s on the table this week at the eighth-annual Women’s Venture Summit, created to help fuel and support female-led startups.