Amplifica Holdings Group, a San Diego biotech startup working to help balding people regrow their hair, has corralled $11.8 million in a first round of venture capital financing. Based on technology licensed out of University of California Irvine — as well as its own research — Amplifica focuses on molecule combinations that aim to jumpstart dormant hair stem cells in the scalp, said Chief Executive Frank Fazio. The new funding will be used to further develop these proprietary compounds for treatment of androgenic alopecia — where the normal hair growth cycle is stalled because of signaling ch…