SD FINANCE

Mitek Systems Q3 Revenue Up 25%

Mitek released its fiscal third quarter results.

Mission Fed Inks Deal with Padres

Mission Federal Credit Union has signed a three-year sponsorship agreement with the San Diego Padres.

TCA Raises Largest Fund Since its Inception

FINANCE: Group Attracts More Than $5 Million For Latest Annual Fund

The San Diego chapter of the Tech Coast Angels, the region’s largest network of investors in early-stage companies, has raised over $5 million for its annual fund surpassing last year’s amount of $4.7 million.

Partners

SDBJ Insider

The San Diego Workforce Partnership along with help from the city of San Diego, is expanding three workforce training programs that help underrepresented communities secure quality jobs and help them start meaningful careers in both he public and private sector.

PerkinElmer Agrees to Acquire BioLegend

Deal worth approximately $5.25 billion

Q2 Venture Funding Tops $2 Billion

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.

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Cellink Acquires Discover Echo

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.

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FutureProof Raises $3 Million

Co. Helps Investors, Lenders, Insurers Better Assess Climate Risk

FutureProof, a San Diego fintech startup focused on the financial risk of climate change, has raised a $3 million round of seed funding.

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San Diego Auto Show Returns

The annual event is scheduled to run from December 30, 2021, through January 2, 2022.

PacBio Acquires San Diego Startup Omniome

Pacific Biosciences will acquire San Diego-based Omniome in deal worth up to $800M

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Stelios Therapeutics Acquired

Local biotech, Stelios Therapeutics, acquired by LEXEO Therapeutics

San Diego-Tijuana Selected as World Design Capital Finalist

The World Design Organization chose San Diego-Tijuana based on its “approach to human-centered design, its use of design as a vehicle for improved quality of life and commitment to cross-border collaboration,” according to the organization.

San Diego Regional EDC: Increasing Optimism Despite Continued Challenges

Surveying the Changing Business Landscape in San Diego

The COVID-19 pandemic has impacted every facet of life, including how businesses operate.

HCAP Invests in 5th Kind

HCAP Partners has invested in 5th Kind

Suja Life Acquired by Paine Schwartz Partners

Financial terms of the transaction were not disclosed.

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