Coworking Grows in San Diego as Biotech VC Stumbles
CP EXECUTIVE
San Diego is one of the country’s premier biotech hubs, but a single co-working deal exceeded the city’s total VC investment in life sciences during the first quarter, according to a new report by CBRE. Shared office startup CommonGrounds Workspace landed $100 million in Series A funding in January to fuel its aggressive growth plans, as Southern California’s flexible office sector continues to heat up. By contrast, life science investment in San Diego totaled just $76.2 million in the first …