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This cancer-fighting biotech sped from startup to IPO filing in 10 months
The team that took Kite Pharma from a startup re-engineering a patient’s own cells to fight cancer to a $12 billion buyout now is seeking a $100 million initial public offering for the South San Francisco company it launched only 10 months ago. Arie Belldegrun and David Chang co-founded Allogene Therapeutics Inc. to develop off-the-shelf cells derived from healthy donors that could be used in a variety of cancer patients. And in moving quickly, Allogene has relied on friends in key places, including…
S.F. drone startup aborts mission after exhausting $118 million in funding
San Francisco-based Airware, once sky high with ambition, has halted operations, despite pumping $118 million of investment into its drone operating system. The aerial intelligence company told employees Friday that it would shutter immediately, running out of cash flow “after trying to manufacture its own hardware that couldn’t compete with drone giants like China’s DJI,” TechCrunch reports. Top investors in the startup included Andreessen Horowitz, Google’s GV and Kleiner Perkins. The…
Anaplan files to go public after snagging ex-Tesla exec as finance chief
San Francisco-based Anaplan filed an IPO prospectus on Friday. The software company joins the growing number of Bay Area tech enterprises filing to go public this year, including SurveyMonkey, DocuSign and Zuora. Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are leading the offering, with the number of shares and price range yet to be determined. Founded in 2006, the company, which provides business planning software in the cloud, now has more than 20 offices worldwide, 175 partners and…
Amazon opens first Amazon Go cashierless store outside Seattle
The Chicago debut and Seattle hiring binge point to more Amazon Go stores in the pipeline.
CHI Franciscan Health and Virginia Mason partner on new obstetrics program as birth rate climbs
The new birth center will have private birthing suites, a special care nursery, a doula program, breastfeeding support with lactation consultants, and midwifery services.
This Santa Clara startup wants to move satellites with a water-plasma engine
Moving satellites is indeed rocket science, especially if you take a look at the water-plasma engine that Santa Clara-based Momentus has developed to move satellites.

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