Tech Coast Angels Invests More Than $4.5 Million in 1H 2012

Largest Angel Network in United States Invests in 17 Innovative Companies Across Broad Range of Industries

IRVINE, Calif. – August 15, 2012 – Tech Coast Angels (TCA) raised more than $10 million of total investment in 17 innovative companies, including $4,571,000 of direct TCA investment, during the first half of 2012 via the group’s five networks (Los Angeles, Orange County, San Diego, Central Coast, and Inland Empire).… Read the rest

TCA made investment in Flu treatment developer Gemmus Pharma

Flu treatment developer Gemmus Pharma Inc. raised about $1.5 million in a Series A funding led by a syndicate of angel investor groups.

Gemmus, housed in the Mission Bay Innovation Center in the FibroGen building in San Francisco, is targeting a receptor that plays a role in the anti-inflammatory response to viral infections.… Read the rest