What is Connect?
Connect operates as a leading innovation hub within the San Diego region, dedicated to nurturing a dynamic ecosystem for technology, life sciences, and consumer startups. Through specialized programs such as Springboard and XEO, the organization provides crucial support to entrepreneurs, facilitating connections with essential capital and investors. Connect's core objective is to stimulate economic growth and establish San Diego as a globally recognized center for innovation, primarily serving founders, CEOs, investors, and forward-thinking visionaries.
How much funding has Connect raised?
Connect has raised a total of $12.7M across 3 funding rounds:
Debt
$2.3M
Series A
$10.3M
Debt
$144K
Debt (2014): $2.3M, investors not publicly disclosed
Series A (2014): $10.3M led by Fosun International
Debt (2024): $144K supported by Bank of America
Key Investors in Connect
Fosun International
Fosun International is a Shanghai-based, technology-driven consumer group with significant interests in pharmaceuticals, travel, and finance, suggesting a strategic alignment with Connect's diverse startup support.
What's next for Connect?
The recent major strategic investment signifies a pivotal moment for Connect, indicating a strong belief in its mission and future growth potential. This capital infusion is expected to accelerate the expansion of its innovation programs and broaden its reach within the San Diego entrepreneurial landscape. As Connect continues to connect founders with vital resources and investment opportunities, its role in scaling promising ventures and solidifying its position as a global innovation leader is set to intensify. The organization's strategic focus on ecosystem development positions it for sustained impact and influence.
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