Tucson-based SynCardia Systems, a total artificial heart development, manufacturing and commercializing company, filed for IPO under the proposed symbol TAHT (total artificial heart temporary) and looking to raise $34.5 million according to NASDAQ. The company plans to issue 2.5 million shares with an over allotment option of $375,000 at $10-12 per share. The lead underwriter is Roth Capital … Read more
Instead of using Rote memorization methods to pound medical terms such as macrolides and bacteriostatic into ones’ head for finals, students are turning to Picmonic, a visual learning platform, where definitions, diseases and diagnoses are transformed into colorful, goofy and unforgettable pictures to create a personalized learning experience. Since they launched in 2011, the company has … Read more
How often do the grocery checkout coupons and weekly circulars end up in the trash? To combat this challenge, one Tucson-based startup is helping grocers target price-conscious shoppers through their mobile devices. Recoleta Digital Media, a personalized grocery circular system, has raised an undisclosed sum of Series A-2 funding. Their platform creates digitally driven personalized circulars with … Read more
The Angel Resource Institute, Silicon Valley Bank and CB Insights released the 2014 Q1 HALO Report, a national survey of angel group investment activity, and ranked Tucson-based Desert Angels (DA) again as one of the top 10 most active angel groups in the country. Curtis Gunn, chairman of Desert Angels, tells AZTB, “Desert Angels are … Read more
The Angel Resource Institute, Silicon Valley Bank and CB Insights released the 2013 Halo Report, a national survey of angel group investment activity, and ranked Tucson-based Desert Angels (DA) in the top 10 for most active angel groups in the United States-a first for DA. Curtis Gunn, chairman of Desert Angels tells AZTB, “Desert Angels … Read more
Desert Angels (DA) announced their final investment numbers for 2013 equaling over $5.5 million placed into 23 different companies-the majority of them in Arizona. Chairman of Desert Angels and board member on the Angel Capital Association Curtis Gunn said this milestone “…is a record for us, both record of number of companies and dollars invested.” … Read more
The Angel Resource Institute, Silicon Valley Bank and CB Insights released the Q2 2013 Halo Report, a national survey of angel group investment activity, and ranked Desert Angels in the top five for most active angel groups in the United States for Q2. “Being ranked in the top five of the Halo Report is validation … Read more
Desert Angels announced the closing of its sidecar fund 4 at $517,000, this will be the largest sidecar fund they’ve raised within a 12 month period. Chairman of Desert Angels Curtis Gunn tells AZTB, “We are very excited to have successfully raised the sidecar fund 4 which will prove significant for companies that seek out … Read more
Post.Bid.Ship. recently closed its third round of angel funding, getting a little over $600,000 from Desert Angels, according to Chairman Curtis Gunn. These funds will help expand the business of linking companies with shippers, co-founder and chief operations officer Jarret Hamstreet said. The Tucson-based company is looking to transform how the shipping business is conducted … Read more
Curtis Gunn, Chairman of Desert Angels, is the first Arizona investor to be appointed to the Angel Capital Association Board, and will serve for three years. The Angel Capital Association is the leading professional and trade association supporting the success of angel investors in high-growth, early-stage ventures. “I look forward to raising the awareness of Arizona companies, … Read more