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California  + Orange County  + Healthcare  | 

Tracking Where Tech-Life Sciences Funding is Going in Orange County

JLL’s Q2 Orange County Tech-Life Sciences Investment Overview tracks the top funded companies, funding by industry, and where capital is coming from. The first half of the year saw funding totals decline compared to the previous 5-year average. Total Q2 2020 funding hit $186.2 million, boosting total year-to-date funding to $485.5 million.

Medical device companies received the lion’s share of Year-to-Date funding at $279 million, accounting for 57% of the YTD total funding. Leaders in Q2 funding included Lumitron Technologies ($34 million), Fluxergy ($30 million), and AtaCor Medical ($25 million).

The next closest funding categories were pharmaceuticals ($60 million YTD) and biotech ($54.9 million YTD).

Due to the continuation of COVID- 19, demand for research and development from the medical device industry is on the rise, writes JLL researchers. With the life sciences sector taking an “all-hands on deck” approach to find treatments for COVID-19, Orange County is in position to be at the forefront of this initiative. Overall, Orange County has a strong and growing innovation ecosystem of which life sciences plays a significant part.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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