Welcome to the Desert Angels™. We are a Tucson, Arizona based non-profit organization of accredited investors who seek opportunities to invest in Southwest regional startup or early stage companies. The organization serves as a forum for its over 100 members, who invest individually from their personal funds. Since 2000, Desert Angel members have invested over $36 million in more than 85 presenting companies.

HIV biotech Calimmune bags $15M to move one-time gene therapy into new trials

by gabrielsayegh on June 8th, 2015 at 7:50pm

Desert Angels portfolio company, Calimmune, just landed a $15 million B round, positioning the biotech to launch new trials with a gene therapy designed to durably stymie the lethal HIV with one treatment.

Click here for full article

Comment

Filed under: Uncategorized

Recoleta Digital Media raises Series A-2 funding led by ATI and Desert Angels – updated

by gabrielsayegh on May 18th, 2015 at 6:53pm

Desert Angels portfolio company, 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 offers, coupons, and more, based on a shopper’s purchasing history. The fund was led by angel groups Desert Angels of Tucson and Arizona Tech Investors of Phoenix.

Click here for full article

Comment

Filed under: Funded Companies

Tucson biotech firm HTG about to go public

by gabrielsayegh on May 3rd, 2015 at 9:00pm

Homegrown Tucson biotech company HTG Molecular Diagnostics Inc. plans to go public as soon as next week with an initial public stock offering expected to raise up to $60 million. The company has had longstanding support from local investors including the Desert Angels.

Click here for full article

Comment

Filed under: Uncategorized

Group Teaches Entrepreneurs to Think Like Investors

by gabrielsayegh on May 3rd, 2015 at 8:57pm

Bill Payne has played a role in more than 50 companies since 1971. Tucson’s Desert Angels brought in Bill Payne to Tucson to help educate local investors & entrepreneurs. Desert Angels hope the classes are a means for all who are involved in launching start ups to understand the process from start to finish, not just the part they’re involved in.

Click here for full article

Comment

Filed under: Uncategorized

5 Arizona-based tech startups that are disrupting industries like medicine and space

by gabrielsayegh on May 3rd, 2015 at 8:52pm

Startups like Desert Angels portfolio companies Crowd Mics & Tip.ly have worked diligently to find solutions to problems many of us face on a regular basis.

Click here for full article

Comment

Filed under: Uncategorized

Desert Angels ranks third in nation in angel group investment activity in 2014

by gabrielsayegh on April 21st, 2015 at 3:45pm

Arizona’s first & largest Angel Investor organization, Tuscon’s Desert Angels, has been ranked as the third most active angel group in the nation after investing more than $6.8 million in 32 companies in 2014, according to “ The Halo Report.” The annual update of investment activity ranked the Tucson angel group, which rose from the eighth position in 2013 and ranked above angel groups in California, Texas and New York.

Click here for full article

Comment

Filed under: News Releases, Press

FDA Approves Investigational Study for New Smaller SynCardia Total Artificial Heart

by gabrielsayegh on March 31st, 2015 at 4:35pm

Desert Angels portfolio company, SynCardia Systems, Inc. has received FDA approval to launch an Investigational Device Exemption study into the effective use of the new 50cc SynCardia Heart. The 50cc heart is the smaller version of the 70cc SynCardia Heart, which is FDA, Health Canada and CE mark approved. It is designed for implantation in most women, smaller men and many adolescents with end-stage biventricular heart failure.

Click here for full article

Comment

More and More Students Turning to Picmonic’s Audiovisual Learning System for Improved Educational Outcomes

by gabrielsayegh on March 2nd, 2015 at 1:19am

Desert Angels portfolio company, Picmonic, shows significant growth in the medicine and nursing market as member base more than doubles.

Click here for full article.

Comment

Filed under: Uncategorized

Silicon Desert: How Phoenix is quickly — and quietly — becoming a hub for innovation

by gabrielsayegh on February 14th, 2015 at 4:40pm

As the Desert Angels partners with fellow community organizations to bring innovation to Arizona, Geekwire has noted our startup environment to ready to explode. “The current state of the startup ecosystem in [Arizona] is like a popcorn bag that’s spent 60 seconds inside a hot microwave. One minute has passed, but only a few pops are audible. Soon, though, a flurry of kernels will heat up just enough to elicit multiple explosions all at once, joining those that have already matured into white fluff.”

Click here for full article.

Comment

Filed under: News Releases, Press

How a mutated gene receptor and stem cell technology could lead to a cure for HIV

by gabrielsayegh on February 4th, 2015 at 4:53pm

One of Desert Angels’ prominent portfolio companies, Calimmune, has announced it is about to move on to the second half of its Phase 1 human trial, and will soon implant four new patients with its genetically modified stem cells.

Click here for full article

Comment

Filed under: Funded Companies