join Launches CapitalMatch program, Enrolls First four Startups

connect, San Diego’s nonprofit team for technology innovation, stated it has enrolled four local startups in its new CapitalMatch software, which is intended to advance relationships between investment-ready corporations and investors all the way through the usa.

connect recognized the startups as:

—Fragmob is a cell instrument developer that has created an online platform for helping unbiased sales reps for multi-stage advertising companies like Utah’s LifeVantage. Fragmob raised $ 3.2 million in convertible debt funding in October to gasoline its boom and advance extra software-based totally products and services. Fragmob says its automatic tool takes sales reps through programs for efficient direct promoting practices. the corporate desires to boost additional funding for working capital as Fragmob builds its team.

—GRI Bio is a drug building company the usage of pure killer T cells to treat inflammatory diseases. the company’s lead drug candidate is in a mid-stage medical trial for non-alcoholic steatohepatitis. the corporate is in search of investor funding to beef up a proof-of-thought trial that will completed in late 2017.

—Guru is growing apps that let a museum to turn guests’ smartphones into interactive tour courses that works via using beacon technology. the corporate is within the process of raising $ 500,000.

—Jaan Biotherapeutics is a lifestyles sciences company growing a microRNA-based totally compound to spark off an endogenous course of to regenerate damaged heart muscle following a coronary heart attack. The initial center of attention is on put up heart attack treatment, but Jaan says its manner may be utilized in different coronary heart diseases the place muscle regeneration is required. The startup is searching for funding to advance new therapies for coronary heart disease.

In a related transfer, join rolled out a CapitalMatch education seminar in February for entrepreneurs and angel traders to research more in regards to the fundamentals of early stage funding offers. Shawn Richardson, senior director of healthy packages at connect, stated at the time the all-day seminar used to be a primary in a collection of education lessons for entrepreneurs and their mentors. He described the fundraising track on the time as “a natural next step for us as we work to determine and create easy methods to fortify the fundraising efforts of startups in San Diego.”

With the CapitalMatch software, Richardson stated the intention is to advance an investor community for San Diego startups, and “work to be aware their funding pursuits after which introduce them to the vetted San Diego companies that meet their investment criteria.