RePurpose Energy Wins Big Ideas Contest
RePurpose Energy, a company founded by UC Davis Mechanical and Aerospace Engineering Professor Jae Wan Park and led by two UC Davis PhD students Joseph Lacap and Ryan Barr, was awarded the overall Grand Prize as well as the top prize in the Energy & Resources category for the 2019 Rudd Family Foundation Big Ideas Contest. The company tests, reassembles, and redeploys used electric vehicle batteries to provide commercial solar developers with energy storage solutions at half the cost of new battery alternatives. The contest received over 330 applications, representing over 1,000 students and 12 campuses..... Read More
UC Davis Venture Catalyst Knowledge Exchange:
Startup Financial Modeling - Why and How
  • Fred Ruegsegger, Managing Director, Four Oaks Partners

Defining the resources required to achieve the objectives and milestones of early stage enterprises is a critical activity. A business plan helps define the human, technology, financial and other resources required as well as serves as a tool in communicating with others about a business opportunity or technology project. As part of a business plan, financial models serve an important role in defining the scope of financial resources required as well as the possible financial future for the company. The financial model also helps founders and executives assemble a financial plan for the company for use in managing the business as well as communicating financial information to potential investors, partners and other third parties. This talk, led by Fred Ruegsegger, an experienced financial manager and Managing Director of Four Oaks Partners, will provide an overview of financial modeling for early-stage startups along with examples of financial models, including key inputs and outputs.

Tuesday, June 25, 2019, 11:30 a.m. – 1:00 p.m.

Join us for lunch @
UC Davis Office of Research
1850 Research Park Drive
Davis, CA 95618

EVENT COST: Free (Registration Required)
Connecting the Future: How a UC Davis Invention Helped Build Broadband Communications
In the mid-1990s, Professor Emeritus Jonathan Heritage and his colleague, Olav Solgaard, an assistant professor in the UC Davis Department of Engineering, began talking about what a better device for routing multiple optical channels might look like. This idea gave rise to what the telecommunications industry refers to as a wavelength selective switch, known as WSS, a sophisticated device that uses tiny mirrors to route signals between fiber optic cables. After disclosing this invention to the University, the patent application was filed in 1998 and the patent was granted in August 2000. In 2001, a startup company, Movaz Networks Inc., licensed the patent and developed a prototype. Movaz was acquired by ADVA Optical Networking in 2006 and the WSS patent was sub-licensed to another company that manufactured photonic products for the telecommunications industry. The patent protection was expired in 2018, 20 years after the original patent was filed. Earlier in 2019, Heritage was elected to the prestigious National Academy of Engineering.... Read More
The Answer to the Opioid Crisis? UC Davis Researcher to Test His Non-Addictive Pain Drug (Sacramento Bee)
EicOsis, a company founded by UC Davis Professor Bruce Hammock, is developing inhibitors to soluble epoxide hydrolase (sEH), a key regulatory enzyme involved in the metabolism of fatty acids, to treat unmet medical needs in humans and animals. sEH inhibitors treat pain by stabilizing natural analgesic and anti-inflammatory mediators. The technology has been shown both effective and non-addictive in animal trials. The company expects to launch human trials by August or September of 2019. The clinical studies already have received more than $4 million in support from the National Institutes of Health and the Open Philanthropy Foundation recently announced that it would invest $5 million toward the human clinical trials.... Read More
Students Design Greenhouse for Mars
A student team from the UC Davis Space and Satellite Systems club was one of five university teams invited to present their plans for a Mars greenhouse at the NASA Langley Research Center. The UC Davis students entered the Martian Agricultural and Plant Sciences (MAPS) project for this year’s BIG Idea Challenge, organized by the National Institute of Aerospace in collaboration with NASA. Their goal was to design a greenhouse to support four astronauts during a two-year stay on Mars.... Read More
John Boone Earns Top Honor From American Association of Physicists in Medicine
John Boone, professor in the Department of Radiology at UC Davis Health and in the Department of Biomedical Engineering, and founder of UC Davis startup Izotropic Imaging Corp, is the recipient of the American Association of Physicists in Medicine (AAPM) 2019 William D. Coolidge Gold Medal. This award is presented to an AAPM member for an eminent career in medical physics and is the highest honor given by the organization.... Read More
State Awards $8.8 Million to UC Davis for Alzheimer's Disease Research
Four UC Davis scientists and clinicians have received grants totaling $8.8 million from the California Department of Public Health to study the role of racial disparities, diabetes, diet and infection in Alzheimer’s disease as part of a $21 million package of 11 Alzheimer’s research grants statewide. The largest grant, $4.9 million over five years, was awarded to David K. Johnson, associate professor in the Department of Neurology and director of the UC Davis Alzheimer’s Disease Center in the East Bay..... Read More
New Institute Eyes HOME in Deep Space
In a significant step toward human-crewed space missions to the moon or Mars, NASA has awarded a grant of up to $15 million over five years to a new research institute led by UC Davis. The HOME (Habitats Optimized for Missions of Exploration) Space Technology Research Institute will develop enabling technology for spacecraft and deep-space bases of the future. HOME is led by Professor Stephen Robinson, chair of the Department of Mechanical and Aerospace Engineering at UC Davis and a former astronaut.... Read More
Allen Van Deynze Receives Excellence in Research Award
Allen Van Deynze, director of research at the Seed Biotechnology Center and associate director of the Plant Breeding Center at UC Davis, was awarded the Academic Federation’s 2019 Excellence in Research Award. Van Deynze has conducted groundbreaking research in Mexico and in Africa and has received more than $12 million in research funding since 2012.... Learn More
Professor Who Merges Technology and Design Receives STEM Grant
A UC Davis assistant design professor Katia Vega was one of six researchers in the country to receive the Johnson & Johnson Women in STEM2D Scholars award, which provides $150,000 and three years of mentorship from Johnson & Johnson. Vega has also been honored by MIT Technology Review, which named her one of the five Innovators Under 35 in Peru in 2016. CNET recognized her as one of the Top 20 Most Influential Latinos in Tech in 2017. In 2018, she earned an Interactive Innovation Award in SciFi No Longer at the South by Southwest (SXSW) Conference.... Read More
BIG Ideas: UCD Undergrad Research Lab Launches Careers (Davis Enterprise)
Fourth-year biosystems engineering major Lisa Illes co-founded the BioInnovation Group (BIG) alongside biochemical engineering major Alex Krueger. Their mission is to help motivated STEM students gain technical skills, business acumen, and hands-on experience working on real-world projects, so members are poised to pursue research or start a company upon graduation.... Read More
UC Davis Names New Dean for School of Medicine
Allison Brashear, professor and chair of the Department of Neurology at Wake Forest School of Medicine in Winston-Salem, North Carolina, has been appointed dean of the UC Davis School of Medicine by Chancellor Gary S. May. She is internationally known for her groundbreaking research in movement disorders, and leads a team of neurologists whose clinical, research and innovation focus is on new models of neurological care. She remains an active clinician and holds the Walter C. Teagle Endowed Chair of Neurology.... Read More
Ronald Elected to National Academy of Sciences
The National Academy of Sciences announced the election of 125 members, including UC Davis’ Pam Ronald, distinguished professor in the Department of Plant Pathology and at the Genome Center. As a plant pathologist and geneticist, Ronald researches genes that control disease resistance and tolerance to environmental stress in rice, one of the world’s most important crops. She is known for her engineering of flood tolerant rice, for which she and her colleagues were recipients of the USDA 2008 National Research Discovery Award.... Read More
Oncology Startup Seeking to Close $3 Million Seed Round (The Greater Sacramento Economic Council)
ARIZ Precision Medicine, a UC Davis-associated startup, is working to create a safer alternative to chemotherapy by developing a drug that targets cancer cells. The company is currently finishing up a $3 million seed investment round and recently gained commitments from investors for about $2 million, with the majority coming from investors with ties to the Greater Sacramento area. ARIZ is a member of the Venture Catalyst Smart Toolkit for Accelerated Research Translation (START™) program and has been leasing wet lab space at the UC Davis-HM Clause Life Science Innovation Center, an incubator in the Distributed Research Incubation & Venture Engine (DRIVE TM) network.... Read More
UC Davis Unveils Preliminary Design for Aggie Square
UC Davis Chancellor Gary S. May and Sacramento Mayor Darrell Steinberg announced a preliminary design for Aggie Square, the new innovation hub to be built on the University’s Sacramento campus. The elements of the plan reflect the community priorities that have emerged from meetings with the Aggie Square Partnership Advisory Council and the Community Engagement Advisory Committee. These include an intense focus on workforce development and job creation for people in the neighborhoods surrounding the UC Davis Health campus.... Read More
Startup News
Evolve BioSystems Makes Evivo Available in Hong Kong, Singapore
Evolve BioSystems announced that its flagship consumer product Evivo TM is available in Hong Kong and Singapore. Consumers will be able to purchase Evivo, an activated form of B. infantis, an essential beneficial bacterium for babies, at The introduction of Evivo into these markets fulfills a major goal of the Bill & Melinda Gates Foundation and Horizons Ventures, the investment arm of the Li Ka Shing Foundation.... Read More
New Research Shows Pheronym Treated Nematodes 28-78% More Effective in Pest Control
Pheronym, an ag-biotech pest control company, announced the results of a study supporting the commercial efficacy of their breakthrough bio-remediation technology. In tests, commercially available beneficial nematodes exposed to their patented Nemastim™ pheromone extracts were 28% - 78% more effective controlling pecan weevils and black soldier flies than non-exposed nematodes.... Read More
Arcadia Biosciences’ Hawaiian Hemp Farm in Full Bloom
Just two months after announcing the launch of Arcadia Specialty Genomics™, a new cannabis-dedicated division of agricultural crop improvement leader Arcadia Biosciences, the company is releasing images of its first crop of sun-grown, Hawaiian hemp. Arcadia Specialty Genomics focuses on the development of novel cannabis varieties possessing productivity, pest resistance and crop quality traits for license to cultivators in federal and state legal markets, and as products such as hemp-derived CBD oils for the nutraceutical and food industries.... Read More
Symic Bio Announces Closing of Investment led by CIP
Symic Bio, a biopharmaceutical company developing novel extracellular matrix targeting drugs, announced the closing of financings led by Cell Innovation Partners (CIP), a healthcare venture fund started by ReproCELL and Shinsei Bank Group in Japan. Existing investors also participated in the financing, bringing the total raised as part of these financings to $11 million.... Read More
Startup Career Opportunities
Career Opportunities at Evolve Biosystems
Evolve Biosystems is currently hiring for several medical sales management positions and a research associate position.... Learn More
Career Opportunities at Chirp Microsystems
Chirp Microsystems is hiring for test engineer position.... Learn More
Career Opportunities at Sage Therapeutics
Sage Therapeutics is hiring for a wide range of positions from quality control internships to senior-director level positions.... Learn more
Career Opportunities at Novoheart
Novoheart is hiring for several scientist roles including two senior-level scientists and two associate scientists.... Learn More
Regional Innovation News
Joyn Bio Lands Research Lab Space at Bayer Campus Near Woodland (Sacramento Business Journal)
Joyn Bio, a Boston-based ag-tech startup is expanding its operations into Woodland, utilizing the research lab and office space owned by Bayer. The company was previously at the Bayer CropScience CoLaborator space in West Sacramento. Joyn, which is a joint venture between Bayer and Ginko Bioworks, was started in 2017 with a $100 million investment. Joyn has a total of 25 employees with 8 of them located in the Sacramento region..... Read More
Insera Therapeutics ‘Coming Out of Stealth Mode’ After Recent Product Approval (Sacramento Business Journal)
After spending nearly a decade developing a device for “minimally-invasive brain surgery” to remove blood clots during a stroke, Sacramento-based Insera Therapeutics Inc. received approval to bring its new medical device to Europe. Approval by the European Commission allows Insera to gather early clinical evidence for the device, which would make it eligible to appear in medical settings across 34 countries in Europe.... Read More
Brooklyn's Gotham Greens Buys Ag Land Near UC Davis (New York Business Journal)
Brooklyn-based indoor farming company Gotham Greens Holdings LLC, recently acquired 33.6 acres of surplus agricultural land from UC Davis. The company was founded 10 years ago and became a pioneer in the urban farming sector.... Read More
VR Learning Platform Wins Competition, Lands Appointment With Investors (Sacramento Business Journal)
Sama Learning, a virtual reality learning platform that develops immersive virtual reality tutoring to help college students study and better understand their STEM courses, took the top honor in the Capital Region AR VR Accelerator’s recent Demo Day..... Read More
Folsom’s StemExpress Extends International Distribution with 5 New Partnerships (Sacramento Business Journal)
Folsom-based StemExpress landed five new partnerships in Asia and Australia to build international distribution for its stem cell products. The five companies StemExpress has partnered with are ATCG Ltd. In Hong Kong, Kim & Friends Inc. in South Korea, Biotools Co. in Taiwan, Axil Scientific in Singapore, and Custom Science in Australia. The company has over 60 employees in Folsom.... Read More
Startup of the Month: HealthSherpa (Comstock’s Magazine)
HealthSherpa was named the startup of the month by Comstock's Magazine. The company is a certified web broker, giving consumers, employers, and nonprofits a simpler platform for enrolling individuals and families in subsidy-eligible health plans.... Read More
Innovation Insight
Small VC Funds Continue to Raise, Despite Pressure From Above (TechCrunch)
The deal flow for small-sum funds, which include both nano (less thatn $25 million) and micro ($25-$100 million), continue to increase. However, deal volumne remains somewhat stagnant.. Even though the smaller funds do not directly compete with larger ones, they may get bidded out in the future in this trend continues.... Read More
CFIUS Continues to Exercise its Power Over Tech Companies (TechCrunch)
The Treasury-Department-led Committee on Foreign Investment in the United States (CFIUS) reviews foreign investments into US companies for national security concerns. Last year, Congress expanded CFIUS’s jurisdiction, providing it with new tools to scrutinize minority, non-controlling investments either directly into US startups, individuals, or into a venture fund. There have already been several recent instances where CFIUS has has stepped in with an investigation in foreign investments into companies.... Read More
VC Trends in 2019: More Money, Fewer Deals But Women Still Get Less (Xconomy)
In the first quarter of 2019, more money has been invested in fewer deals. A total of $32.6 billion was invested in the United States during the first three months of 2019 – the second largest amount for any quarter since at least 2006 – that large sum came from only 1,853 deals, the lowest count in seven years. Companies with all male founders had a median deal size of $3.52 million, compared to the $1.65 million median deal size for companies with only female founders.... Read More
Public-Sector Partnerships Help Fuel Cleantech Innovation (State Science & Technology Institute)
The public sector plays an important role into advancing the cleantech innovations. According to a new report from the National Resource Defense Council (NRDC), public sector supports the cleantech sector by funding basic research. The funding helps drive down the cost of clean energy innovations and increases the rates of adoption. The public sector can also benefit cleantech by partnering with startups and/or supporting the cleantech industry through networks, commercialization assistance, and access to capital, according to a study titled " In Governments as partners: The role of alliances in U.S. cleantech startup innovation" by authors Claudia Doblinger, Kavita Surana, and Laura Diaz Anadon.... Read More
Funding Opportunities
VentureWell Design by Biomedical Undergraduate Teams Challenge
Application Deadline: May 31, 2019.... Learn More
Collegiate Inventors Competition
Application Deadline: June 7, 2019.... Learn More
UC Santa Cruz SVLink Accelerator
Application Deadline: Applications Accepted on the 15th of Each Month Until Full.... Learn More
Extreme Tech Challenge
Application Deadline: Ongoing.... Learn More
IndieBio Accelerator
Application Deadline: Ongoing.... Learn More
Open SBIR/STTR Grant Topics. ... Learn More
Educational Opportunities
Valley Ventures Accelerator Fall 2019 Cohort
Application Deadline: Currently Accepting.... Learn More
UC Davis Institute for Innovation and Entrepreneurship - Academy 2.0. Topic: Staffing
Date: May 28, 2019.... Read More
Rosenman Symposium (San Francisco, CA)
Date: June 19, 2019.... Learn More
CLSA Innovation Breakfast: Data Management Strategies
Date: June 20, 2019.... Learn More
SBA Innovation Bootcamp
Application Deadline: June 28, 2019.... Learn More
UC Davis Institute for Innovation & Entrepreneurship Biomedical + Engineering Entrepreneurship Academy
Date: July 15-16, 2019.... Learn More
UC Davis Institute for Innovation & Entrepreneurship UC Entrepreneurship Academy
Date: September 10-12, 2019.... Learn More
Regional Events
UC Davis Institute for Innovation & Entrepreneurship Big Bang! Business Competition Finalist Presentations and Awards Ceremony
Date: May 23, 2019.... Learn More
Bringing New Scientific Technologies to Market:
A Case Study of GMOs
Date: May 23, 2019.... Learn More
Startup Grind Sacramento, Aye Moah, Boomerang
Date: June 11, 2019.... Learn More
Impact Global Venture Summit
Date: June 19, 2019.... Learn More
Global Startup Weekend Sustainable Revolution - Sacramento Edition
Date: June 21-23, 2019.... Learn More
Startup Grind Sacramento, Dinakar Munagala, Thinci
Date: August 13, 2019.... Learn More
Startup Grind Sacramento, Pam Marrone, Marrone Bio Innovation
Date: September 10, 2019.... Learn More
Small Business Development Center Workshops
Date: Ongoing.... Learn More
Silicon Valley USPTO Workshops
Date: Ongoing.... Learn More
1 Million Cups
Date: Weekly (Wednesdays).... Learn More
Industry Events
The Future of Food (Chicago, IL)
Date: May 22-23, 2019.... Learn More
Indoor Ag-Con (Las Vegas, NV)
Date: May 22-24, 2019.... Learn More
BIO on the Bay (San Francisco, CA)
Date: May 30, 2019.... Learn More
IFT Feed Your Future (New Orleans, LA)
Date: June 2-5, 2019.... Learn More
American Association for Mass Spectrometry Annual Conference (Atlanta, GA)
Date: June 2-6, 2019.... Learn More
Advanced Biomedical Engineering and Instrumentation Summit (San Francisco, CA)
Date: June 3-5, 2019.... Learn More
BIO International Convention (Philadelphia, PA)
Date: June 3-6, 2019.... Learn More
Bay Area Pharma Market Research Conference (South San Francisco, CA)
Date: Jun 11-12, 2019.... Learn More
TechConnect World Innovation Conference + NanoTech Conference & Expo, SBIR/STTR Spring Innovation Conference, and AI TechConnect
Date: June 17-19, 2019.... Learn More
Precision CRISPR & NBT AgBio Congress (San Diego, CA)
Date: June 24-26, 2019.... Learn More
ARPA-E Energy Innovation Summit (Denver, CO)
July 8-10, 2019.... Learn More
BIO World Congress on Industrial Biotechnology (Des Moines, IA)
Date: July 8-11, 2019.... Learn More
Biocom DeviceFest & Digital Health Conference (Carlsbad, CA)
Date: August 28, 2019.... Learn More
TechCrunch Disrupt (San Francisco, CA)
Date: October 2-4, 2019.... Learn More
About Venture Catalyst 
UC Davis Venture Catalyst facilitates the translation of University research and technology by enabling the development of new ventures. Venture Catalyst engages with the Davis and Sacramento business, governmental and economic development community to highlight the development of technologies and ventures coming out of UC Davis that will drive tomorrow’s regional job creation. Working closely with these partners, Venture Catalyst is invigorating the technology-based entrepreneurial ecosystem of the entire region. 
The Venture Catalyst START™ Suite of programs and services provides the ABCs to equip UC Davis entrepreneurs with the tools they need to form and grow robust startups. The program gives founders the START they need to create a well-structured company and ensure the company is prepared for success. 
Contact Venture Catalyst 
For more information or for editorial comments, please email us