April 18, 2016 Comments (0) Views: 2492 Blog, Startup Buzz

Downtown Buzz: Nest Wants to Build a Bigger San Diego Startup Community

This week’s business and tech news from around downtown

Follow the Money

According to the San Diego Union-Tribune, Intel has purchased San Diego startup Arynga, a company that handles in-vehicle software updates over cellular or wifi networks. The amount of the sale is undisclosed. Good news is that the company’s 20 employees are moving—but not to the Bay Area. They will join forces with Wind River, an automotive product line owned by Intel, in their San Diego offices.

Ossic is headed into the final few days of its Kickstarter campaign. With a goal of $100,000, their results of more than 8,000 backers who have pledged almost $2.3 million demonstrate a strong market for the company. Ossic makes 3D audio headphones that are the first on the market to take into account your anatomy while adjusting sound.

Flight Club

Local female entrepreneur and mentor Felena Hanson has written a book for “women looking to flee the corporate chains.” Hanson is the mastermind behind Hera Hub, a female co-working space and community. In the book she shares her personal story of reinvention as well as stories of the women whose businesses she has supported at Hera Hub. Hera Hub has San Diego locations in Carlsbad, Sorrento Valley, and Mission Valley, as well as a franchise in Washington, D.C., with plans to open in many more cities in the years to come.

All the Hives Are Now in a Nest

Whether it’s cyber-security or IoT, or drones and robots, there is a Hive for it. Actually, now there is a Nest. Last week, Darin Andersen, founder of the CyberHive incubators in Bankers Hill, launched an umbrella organization for all of these efforts, called Nest. Xconomy has some insight into his vision and plans for a bigger startup community in this piece.

Pivots and Opportunities

The Startup Leadership Program (SLP) is accepting applications for the fall. SLP is a 6 month program for founders and innovators in early stage startups. Apply here.
San Diego Venture Group is accepting applications for the 2016 Cool Companies. Applications are due by noon on April 27. Apply here.