October 26, 2021
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Last week of October and San Diego Startup Month. Big in person even this Friday in Sorrento Valley where we have the Startup Awards and more. Join us and use my discount code ‘Bloom50’ to grab a ticket.

Join us every Friday for our Fast Five SD Tech Stories on Clubhouse and recent recordings here:

After reading the CB Insights 2021 Q3 report and seeing San Diego left out, we decided we needed our own report. Seriously CB? Top 6 city for venture capital in the US but you’d rather focus on Miami?!

So myself, Fref Grier, and Mike Krenn of Connect pulled data and we found the following:

The stats of Q3 of 2021:
$2.02B raised in 74 private venture fundings in Q3 alone from Connect Airtable
6 companies raised more than $100M rounds mostly tech companies like Shield AI ($200M), Williot ($200M), Seismic ($170M), NetraDyne ($150M), Genomatica ($118M) and Lycia Therapeutics ($105M) 

$912M raised collectively in 6 IPOs from Neal’s SD Publics Spreadsheet
Cue Health, Tyra Biosciences, Effector Therapeutics, Dermata Therapeutics, Erasca, Lumos Diagnostics
$5.1B current combined current market cap of these six public companies  

12 acquisitions, the largest of which was more than $5.5B of BioLengend
Other notable acquisitions TakeLessons by Microsoft, Uqora, NewRocket, LawnLove, Suja Juice, Ecwid for $500M, Omniome for $800M

3 new venture funds
Seaside Equity of $160M, Harpoon Fund III of $120M, Moore Venture Partners Fund IV of $15M 

New companies opened SD offices
iBio (Texas-based) & Mainstay Medical (Ireland-based)

These are some massive numbers and growth. This was our yearly data just 2-3 years ago. Onward San Diego!

See you at SD Startup Month!


Follow @FreshBrewedTech on Twitter for daily SD tech news.

Ever bought items that you never ended up using? Or do you have things you no longer need, but are still in good condition? Kimia Talebian, CEO and co-founder of Good Use, addresses this issue by connecting communities together through a social application platform to give and receive free stuff, and put it into good use.
The talent market is hot especially for tech talent. Check out the new ‘stealth’ job board by Fresh Brewed Tech for early access. Full launch coming soon.
Cox Business (San Diego)

Cox Business (San Diego)

Cox Business (San Diego) 

Mission Edge (San Diego)

Platform Science (San Diego)
Classy (San Diego/remote)

RevLocal (Escondido)

Thermo Fisher (Carlsbad)

Aspire Team (Oceanside)

Fluidra (Carlsbad)
Our partners at Tragic Media have built a next gen reporting system for better management of remote software teams, click below to join their FREE beta.
Thinkful San Diego, November 1

Cafecito Business, November 3

TechVision Research, November 3-4

Biotech Networks, November 4

Atechup.com, November 8
SMTA, November 16
Vuori, apparel brand for men and women, $400M with SoftBank Vision Fund

Flock Freight, trucking logistics tech, $215M Series D with SoftBank Vision Fund

Tentarix Biotherapeutics, innovative protein therapeutics developer, $50M Series A with Samsara BioCapital, Versant Ventures

Zerigo Health, handheld medical device developer, $43M Series B with 7wire Ventures

Cellibre, cellular agriculture, $11.5M Series A with Merida Capital Holdings

Ando Money, carbon-reducing banking, $6M Seed with TTV Capital

Armonica, DNA sequencing medtech, $2M Series B with Sun Mountain Capital, Tramway Venture Partners
Labyrinth by Harbor Compliance

Classic Journeys by Lindblad Expeditions
QKZ Design invests in Bucha Bio

Domain Associates invests in Axial Therapeutics

Correlation Ventures invests in Nexla, Scout Bio
Section 32 invests in ScienceIO, Culture Biosciences

Takeda Ventures, Inc. invests in Egle Therapeutics
Happy San Diego Startup Month!
Have a tip or want to share your favorite local taco?
Feel free to tell us about it: techos@freshbrewedtech.com