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 70 members, who invest individually from their personal funds. Since 2000, Desert Angel members have invested over $40 million in more than 95 presenting companies.

JTED funds, startup support on Arizona tech group’s legislative agenda

by Curtis Gunn on January 14th, 2017 at 5:47pm

Arizona’s biggest technology business group will push for legislation to restore career and technical education funding for high school freshmen and boost private-investment tax credits in 2017.

The Arizona Technology Council says its legislative priorities are aimed at improving the business climate for high-tech companies by widening access to capital, supporting tech-related job growth and attracting and training tech workers.

Read full article here

Comment

Filed under: Press

Former Mexican president signs deal in Tucson for business partnership

by Curtis Gunn on January 13th, 2017 at 5:50pm

Former Mexican President Vicente Fox formally signed an agreement to partner with Tucson on a project to incubate startup businesses and replicate a community college program south of the border.

The partnership was first proposed to Fox during a visit in Guanajuato, Mexico in October, in which Tucson Mayor Jonathan Rothschild and Startup Tucson CEO Justin Williams led a delegation to ask for his assistance and invite him to Tucson.

Read full article here

Comment

Filed under: Uncategorized

Scottsdale tech startup is allowing Sun Devil fans easy way to buy tickets

by Curtis Gunn on November 17th, 2016 at 12:00am

Arizona State University sports fans can now buy game tickets simply by responding to a text message thanks to a new partnership between Sun Devil Athletics and Scottsdale-based ReplyBuy.

ReplyBuy allows fans to buy tickets and merchandise through a text message, and introduced a new artificial intelligence featureto its service in October to make the process even smarter.

Read full article here

Comment

Filed under: Funded Companies, Press

Tucson drug startup drops initial public stock offering

by Curtis Gunn on November 16th, 2016 at 3:27pm

A Tucson-based company developing cancer-prevention drugs has withdrawn its initial public offering of stock.

But Cancer Prevention Pharmaceuticals will keep moving forward with trials of its cancer-prevention drugs with the backing of its pharma industry partners, the company’s CEO said.

Read full article here

Comment

Filed under: Funded Companies, Press

Tech effect: Arizona’s thriving software and optics industries

by Curtis Gunn on November 9th, 2016 at 3:31pm

If you grew up in Arizona, the Five C’s of Arizona — copper, cattle, cotton, citrus and climate — have been drilled into your head as the first mainstays of Arizona’s economy since elementary school.

Arizona’s economic base has morphed over the years, transitioning into a more knowledge-based economy. In the 1990s, after an economic analysis of the state’s main industries Arizona found itself as home to two technology-based high-wage industries: software development and optics and photonics.

Read full article here

Comment

Filed under: Press

Tucson’s NuvOx wins $300K grant

by Curtis Gunn on November 1st, 2016 at 4:31pm

Tucson-based biotech drug startup NuvOx Pharma has been awarded a grant of nearly $300,000 from the National Cancer Institute to study a targeted contrast agent for breast cancer.

Dr. Evan Unger, a University of Arizona radiology professor and co-founder of NuvOx, is co-principal investigator of the grant along with Dr. Juergen Willmann, professor of radiology and a clinical division chief in the radiology department at Stanford University Medical Center.

Read full article here

Comment

Filed under: Funded Companies, Press

Dow Jones: Arizona venture capital plummets to under $20M

by Curtis Gunn on October 20th, 2016 at 8:29pm

Arizona companies did not capitalize much in the third quarter, according to data from Dow Jones VentureSource.

Companies seeking venture capital brought home checks totaling less than $17 million, compared to $55 million in the second quarter this year and $177 million in Q1 2016.

Read full article here

1 comment

Filed under: Funded Companies, Press

New partnership, NIH grant push research forward

by Curtis Gunn on October 3rd, 2016 at 11:28pm

Shelby Kutty, M.D., Ph.D. was recently informed that the project, “Fibrin Targeted Microbubbles and Ultrasound for Treatment of Endocarditis,” has been funded by the Eunice Kennedy Shriver National Institute of Child Health and Human Development. Dr. Kutty is co-principal investigator with Evan Unger, M.D., co-founder of NuvOx Pharma. Dr. Unger also is professor of radiology at University of Arizona Health Sciences.

NuvOx will develop microbubbles specifically designed to target fibrin. UNMC will use ultrasound to break the bubbles, and with them, the vegetation, while co-administering an antibiotic and also using ultrasound for live imaging purposes.

Read full article here

Comment

Filed under: Funded Companies, Press

SalutarisMD Honored with AZBio Fast Lane Award As It Ramps Up for Commercialization of Sight-saving Treatment

by Curtis Gunn on September 19th, 2016 at 5:28pm

As it prepares for its commercial product launch in Europe and new clinical studies in the United States, SalutarisMD® (Salutaris Medical Devices, Inc. and Salutaris Medical Devices, Ltd.) will be in the spotlight at the 2016 AZBio Awards on September 21, 2016 as they are honored with the AZBio Fast Lane Award.

The following day, on September 22, 2016, Dr. Laurence Marsteller, SalutarisMD® CEO will provide further updates to investors from across the United States at the White Hat Life Science Investor Conference.

Read full article here

Comment

Filed under: Funded Companies, Press

Tempronics Successfully Closes $9.5M Series C Round

by Curtis Gunn on September 13th, 2016 at 4:36pm

Lear Corporation Leads Round and Enters into a Strategic Partnership to Bring a New Generation of Heating and Cooling Technology to the Automotive Market

Tempronics, a thermoelectric company with proprietary new technology in solid state heating and cooling, is partnering with the Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical systems, to provide a new generation of thermal comfort to the automotive seating market. Other investors include Nth Power, the Desert Angels, management and individual investors.

Read full article here

Comment