This has been a big year for EvoNexus, with the return of in-person incubation in our new location, and in this last quarter, the re-launch of our Special Interest Group (SIG) events. We have returned to our roots of being an important part of the San Diego technology entrepreneurship community while continuing to admit exciting new innovative startups to the EvoNexus incubator. Only 2 months left of 2022 and our portfolio companies continue to raise significant capital, scale their businesses, and create impactful partnerships.

This quarter we announced that the Royal Bank of Canada (RBC) is seeking FinTech innovators with EvoNexus' MarketLink program. RBC, amongst the top 15 largest and strongest banks in the world, is seeking to meet with both early-stage and growth FinTech companies developing innovative solutions in the areas of payments, loyalty, and commerce. RBC is once again teaming with EvoNexus to search, select, and schedule private virtual meetings between selected companies and RBC executives and key decision-makers. This is a unique, no-cost, no-obligation opportunity for you to meet a market leader and shape your company’s future applications through Joint Product Development, IP Licensing, and Proof of Concept or Pilot. If your company is developing banking innovations in payments, loyalty, or commerce, you are encouraged to APPLY TODAY! 

Call for applications

Are you a Founder or know someone who would be a great fit for EvoNexus? We are currently accepting rolling applications to join our San Diego Incubator. Follow the link below to begin our application process. We look forward to learning more about your innovations!

Get involved with EvoNexus

Our triumphs are a result of our close partnerships with the world’s leading influential companies, as well as with angel, seed, and other early-stage investors! EvoNexus, as a non-profit, further succeeds thanks to the support we receive from our volunteers and selection committee members, and top providers of professional services. If you are involved with a company that should be connected with EvoNexus, click on the button below to connect with us.

Check out some of our portfolio company funding rounds this past quarter!

• Pleno, a multi-omic instrument platform company revolutionizing biological target detection for clinical testing and biomedical research, has raised $40 million in Series A financing led by Deerfield Management Company with participation by Foresite Capital. This is the largest Series A round in the history of EvoNexus!
• The Good Face Project, the innovation platform for the next generation of beauty, has raised a $5.65 million seed investment round led by VMG Catalyst to infuse scientific ingredient-level data and insights into the research and development and innovation cycle for cosmetics.
• Brelyon, the MIT spin-off pioneering a new category of ultra-imersrive display technologies has raised $15 million in Series A financing led by Lockheed Martin Ventures and the MIT-affiliated E14 Fund with participation from Corning Incorporated, LG Technology Ventures, UDC Ventures, and Franklin Templeton.
  “Brelyon’s computational optics technology presents an opportunity to develop, modernize and advance our capabilities in a digital environment,” said Chris Moran, Vice President and General Manager of Lockheed Martin Ventures. “Their virtual and multi-depth display has the potential to provide the U.S. and our allies a competitive advantage with 21st century navigation and visualization technologies.”

The partnerships, achievements, and recognition that our companies earn throughout their journey, tell the story of how the company got to where it is. Here we celebrate some of our companies’ successes across the third quarter of 2022!

• QuSecure wins Army’s xTechSearch 6 Competition for Innovative Technology.
• Sateliot has partnered with Telefónica to test a connectivity service that will integrate Sateliot’s satellite network with Telefónica Tech’s current terrestrial NB-IoT networks for the delivery of IoT connectivity wherever needed.
• TruMed has been awarded a group purchasing contract with Premier, Inc., a leading technology-driven healthcare improvement company.
• Astrome receives support from Technology Development Board, a statutory body of Department of Science & Technology, Govt. of India for commercialization of GigaMesh solution.
• SOCi, Inc. and Charley's Cheesesteaks announced that the restaurant brand has appointed the marketing platform for multi-location brands as its global platform of record for localized marketing. Charley's was founded in 1986, and since has expanded to over 700 locations in 46 U.S. states and in 17 countries. By utilizing the SOCi platform, Charleys has been able to consolidate multiple tools and functions, saving time on digital marketing efforts while still driving impactful results across its local store communities.
• Advanced Image Robotics’ Nick Nordquist on "How the New AIR One System Can Bring High-End Live Production Capabilities to the Masses".
• QuSecure's leading Post-Quantum Cybersecurity Solution Has Been Named The Winner of 2022 New Product of the Year Award as Best Quantum Cybersecurity Solution. 
• The Good Face Project published in Fortune Magazine: "Inside the beauty R&D lab being built in the cloud".
• QuSecure was featured in the World Economic Forum report on transitioning to a quantum-secure economy (see page 15).
• Sateliot partners with Amazon to connect IoT devices directly from satellites.
• Carlsmed enrolls 1st patients in a clinical trial evaluating the outcomes of patients who underwent spine surgery with aprevo, Carlsmed's patient-specific spine implant. The study will assess spinal alignment, complications and patient-reported outcome measures for a variety of patients with degenerative spinal conditions.
• Infima has announced that it has expanded its coverage of mortgage securities (MBS) to bonds backed by government agency Ginnie Mae. This completes Infimas coverage of a major fixed-income asset class with a current market value of more then $10 trillion.

Finally, we are excited to highlight two companies who in the last quarter were admitted into EvoNexus:

DeepWater Exploration, founded by Jiajer Ho is bringing underwater robotics to the 21st century. By incorporating cutting-edge vision technology into robust underwater equipment, DeepWater is giving their customers the capability to see clearly where the sun doesn't shine. With a focus on ease of use and reliability, their products will save customers time and money while letting them do what they do best: explore. 

TrustFour, Co-Founded by Robert Levine, protects against unauthorized workload access, lateral movement, and provide blast radius control caused by configuration mistakes and breaches, including malware and ransomware. TrustFour enables compliance, rapid business transformation and cloud migration.