Monthly Archives: May 2016

SD Office Employment Update | May 2016

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San Diego employment continues to increase as total non-farm employment grew by 36,900 jobs, or 2.7 percent year-over-year. The latest employment update highlights the continued trend of employment growth and jobs continuing to be created… Read More

San Diego Q1 Venture Capital Dashboard

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VC Funding Dashboard- SD Q1 2016 (Read-Only)

San Diego companies reported 21 venture capital deals totaling $253.5 million in the first quarter. The funding total was 9.0 percent lower than the 10-year average. The largest local cluster of industries, life sciences/medical, raised $180.8 million, which is 5.3 percent higher than its 10-year average.

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Carlsbad companies receive the most Q1 venture capital funding

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COW_San Diego_economy_May 20 2016_blog

  • Carlsbad companies received more than 40 percent of first quarter VC funding with a total of $102,210,000. The Carlsbad deals include “early stage” companies like Acutus Medical and Thesan Pharmaceuticals. Other notable transactions include $45.7M in funding for Zavante Therapeutics in Del Mar Heights and $30.0M for Figtree in Scripps
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