Qualcomm Labs Inc., the incubator subsidiary of Qualcomm Technologies Inc., announced its first round of investments into three startup businesses totaling $550,000.
The three companies receiving funding are Arynga, which got $250,000; FatSkunk, $250,000; and Breadcrumbs, $50,000.
In addition to the seed funding, each of the firms receive free rent up to two years, business services and mentoring through the EvoNexus incubator offices in either Downtown San Diego or University Towne Center. EvoNexus is part of CommNexus, the nonprofit high technology trade organization.
To read the full, original article click on this link: Three Young Firms Get a Boost From Qualcomm | San Diego Business Journal
