EvoNexus 2016 in Review

 

 

Media1259

After reflecting on such a wonderful year, we want to express how grateful we are to those involved in helping us grow Southern California’s innovation economy.

First, to our Board of Directors, advisors and corporate investors, who have supported our vision since inception, allowing us to remain a nonprofit incubator taking zero equity or fees from our startups.

To our volunteers, a world-class network of over 100 executives, founders and investors who passionately invest their precious time and experience into selecting and mentoring EvoNexus startups.

Lastly to our EvoNexus startups, who risk failure every day in order to pursue their dreams to build companies that solve important problems and create high-value jobs for the entire region.

We thank you! EvoNexus would not have the accomplishments below without your support. We are looking forward to all the possibilities in 2017!

2016 in Review

– Our startups won numerous global awards for technologies that are changing the way that people live

– EvoNexus startups raised $181M in 2016, helping us achieve over $1B in funding and outcomes since inception

– Thanks to increased partnerships with major Universities in Southern California, 30% of our portfolio is now comprised of startups from University campuses

– We increased our volunteer base by 25% allowing us to expand our reach into additional technology sectors

– We brought 9 of our Series A and B startups to Silicon Valley to present to Venture Capitalists including Managing Directors of Sierra, Granite and Nautilus Venture Partners

 

Global Awards for EvoNexus Startups

Guinness World Records
Media1266

Edico Genome teams up with Rady Children’s hospital and sets a Guinness World Records Title for Fastest Genetic Diagnosis…full article 

CES Best of Innovation Award

Media1267

OSSIC won the CES 2017 Best of Innovation Award for its 3D Audio headphones.

 CES Eureka Park Accessibility Contest

Media1269 
Aira won the CES Eureka Park Accessibility Contest to bring independence and mobility to the blind.

Philips Innovation Challenge

Media1272

 
Medical software firm CureMetrix Inc. has won first place at the Philips Innovation Challenge, landing the startup a contract with global technology firm Philips, along with other partnership benefits… 

Acquisition of the Year

Media1277

Arynga, a San Diego startup that powers over-the-air software updates for the auto industry, has been acquired by chip giant Intel for an undisclosed price.

 

Funding Highlights of 2016

Media1280

$8.8M Series A

AttackIQ, a leader in the emerging market of continuous security validation, announced it has closed an $8.8 million Series A funding round.The round includes investors from Index Ventures, Qualcomm Ventures and Telstra Ventures

Media1281

$6.5M Series A

San Diego’s Portfolium, which gives college students and recent grads a platform for showcasing academic projects to employers, said this week that it has raised $6.55 million in a first round…

 

Media1283

$3.6M Series A

The startup is developing a hand-held UVB light device that can be used to treat skin conditions like psoriasis, eczema and vitiligo…

 

Media1284

$2M Seed Round

A stealthy ex-Googler who moved his small startup to San Diego earlier this year has finally stepped out of the shadows with a new augmented reality app and a $2 million seed round…
 

Media1285

$5.6M Series A

InBrace is a novel patent pending invisible orthodontic solution developed by Swift Health Systems that combines the effectiveness of conventional braces, the aesthetics of lingual…

 

Media1286

$2.5M Seed Round

The new funds came from SEED San Diego, Gopher Angels, and Oklahoma Angels. During their time at EvoNexus, Stemonix won the EvoNexus Demo Day in Spring 2016, after CEO Ping Yeh moved the audience with his story…

 

EvoNexus Startup Statistics (Since 2010)

Media1287

 

Apply to EvoNexus

WANT TO BE PART OF EVONEXUS HISTORY?

If you have a great startup you should apply now!

Applications officially open March 1st – April 1st.

You can beat the rush and apply NOW!

 

Applynow