U Massachusetts announces $200K in new clean energy technology grants
BOSTON – February 7, 2013 –The Massachusetts Clean Energy Center (MassCEC) and the Massachusetts Technology Transfer Center (MTTC) today announced $200,000 in new grants to Massachusetts entrepreneurs as part of their commitment to NECEC Institute’s Cleantech Innovations New England program. These grants are issued through the MassCEC Catalyst Program, which funds the commercialization of new […]
UCSD student fund invests $25K in Savara Pharmaceuticals, a Texas start-up
After launching its student-run Rady Venture Fund three years ago, UCSD’s Rady School of Management says today it has invested $25,000 in its biggest deal so far—a $16 million Series B investment in Savara Pharmaceuticals of Austin, TX. Savara, founded in 2007, is in mid-stage development of an inhaled antibiotic to treat methicillin-resistant Staphylococcus aureus (MRSA) infections in […]
WARF, State of Wisconsin create new early-stage venture capital fund for information technology
The State of Wisconsin Investment Board and Wisconsin Alumni Research Foundation are creating an early-stage venture capital fund focused on information technology. Called 4490 Ventures, a reference to the 44° N latitude and 90° W longitude lines that approximate the center of the state of Wisconsin, the $30 million fund will focus on early-stage companies […]
Clearside Biomedical, GA Tech venture spin-out, lands $7.9M investment
Clearside Biomedical, Inc. an Atlanta-based ophthalmic pharmaceutical company launched from research at Emory University and the Georgia Institute of Technology, has received $7.9 million in funding to continue drug and technology development for treatment of ocular diseases. The new funding is in addition to a $4 million venture capital investment received by Clearside Biomedical in […]
Virginia Innovation Partnerships puts $861K in 18 university research projects
A statewide network designed to accelerate innovation and economic growth has awarded $861,086 to 18 university research projects across the commonwealth. The Virginia Innovation Partnership, created last fall as part of the U.S. Department of Commerce’s i6 Challenge, provides proof-of-concept funding to advance early-stage research, also connecting academic researchers with mentors, corporations and investors to accelerate commercialization of the […]
IP Shakti adds a CEO in Residence program to support seed fund for biomedical and life science innovations
PRINCETON, N.J., March 21, 2013 /PRNewswire/ – IP Shakti (www.ipshakti.com) has now launched a CEO-In-Residence (CIR) program with their existing gap fund and technology portfolio. “Management, Funding and Technology form the 3-legged stool a start-up company needs to bring a technology to the marketplace. Many Universities have the technology, and perhaps the management through an entrepreneurship program, […]
First Round Capital supports Philly tech scene, QED proof of concept program
The city of Philadelphia announced Tuesday that its Startup PHL Seed Fundwill be run by one of the top seed investors in the country — for free. First Round Capital, the University City-based seed-stage venture-capital firm co-founded by tech entrepreneur and investorJosh Kopelman, will run the fund and invest $3 million in it. The Philadelphia Industrial Development […]