University of California System Hosts 2nd Annual “Born in California®” Demonstration Day

40 startups representing ten University of California campuses will present an event for investors

IRVINE, Calif., November 16, 2022–(BUSINESS WIRE)–Sunstone Management has announced that it is the Innovation Sponsor at Born in California, an invitation-only, two-day startup demo day hosted by the University of California, Irvine (UCI). The event, which features 40 startups representing the ten campuses of the University of California, will allow founders developing projects in the sectors of life sciences, digital health, consumer, technology and sustainability to show demos as well as investors, all in one place.

Sunstone’s sponsorship comes from a charitable donation from the Sunstone Community Fund.

Born in California takes place November 16-17 at The Cove, located in the UCI Research Park near the UCI campus, the epicenter of innovation and entrepreneurship in Southern California. The first day of the event will feature demo sessions and a reception for bonding and networking, followed by kick-off presentations starting on Thursday. Each UC campus was asked to select up to five startups to showcase. Participants were chosen from their respective campuses to be investment-worthy and bankable. Every business is looking for seed or Series A funding.

“As this year’s innovation sponsor, we are committed to fostering the early-career entrepreneurial community within the California university system – and we look forward to engaging with some of the best and brightest when second annual Born in California demonstration,” said John Keisler, CEO. and managing partner of Sunstone Management. “Through the Sunstone Community Fund’s involvement in events such as Born in California, this year’s attendees represent the next generation of Founders who will drive California’s economy forward for years to come, creating new jobs and allowing the state to remain at the center of innovation.”

“Born in California is the premier event showcasing companies developing products and services based on UC research and we are pleased to host the event again this year at UCI,” said Errol Arkilic, Director of innovation from the University of California at Irvine. “Investments in these companies help ensure a bright and prosperous future for California and the nation and we are very pleased to have Sunstone join us again this year as an Innovation Sponsor.”

This sponsorship is the latest example of Sunstone Management’s support of the Californian entrepreneurial system, as well as university founders, through the Sunstone Community Fund. In October, Sunstone was the title sponsor of CSU Demo Day 2022.

About Sunstone Management: Fastest Growing US Company According to Financial Times (FT)
Sunstone Management is a diversified private equity sponsorship firm located in Southern California that invests in various early-stage technology entrepreneurs looking to build great businesses. We believe in the aspirational power of the US economy to attract and inspire investors and entrepreneurs around the world. We offer exciting new opportunities for economic growth through the creation of innovative public-private partnerships and our unique experience in the public, educational and private sectors.
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About the Sunstone Community Fund
The Sunstone Community Fund is a donor-advised fund managed by the National Philanthropic Trust. This is an important part of Sunstone Management’s vision to advance public benefit programs that support the development of inclusive and vibrant entrepreneurial ecosystems. The SCF supports a network of universities, nonprofits, and government agencies that develop and implement academic entrepreneurship programs, early-stage technology accelerators, and advance local economic development through inclusive entrepreneurship and innovation.
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See the source version on businesswire.com: https://www.businesswire.com/news/home/20221116005655/en/

contacts

Erin McGarvey
[email protected], 202-530-7701

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