Portland Seed Fund Gets $575K More From City To Fund More Start-ups

The Portland Seed Fund is readying a sequel. The two-year-old investment vehicle, which backs promising ideas at their earliest stage, plans to launch a second, larger edition this fall. It would offer more financial “runway” to startups as they move from intriguing concepts into plausible businesses. The Portland Development Commission votes Wednesday on granting $500,000 from the […]

New Brunswick-Saint John Adds $14M To The Research Innovation Fund

SAINT JOHN, N.B. – A $20 million investment over five years to support research and innovation in New Brunswick was announced today by Post-Secondary Education, Training and Labour Minister Danny Soucy as part of the government’s $80 million innovation strategy

Allied Minds raised $100M to expand investment in universities and federal labs

The private investment firm has significantly expanded its asset base since its founding in 2006, bolstered by investor confidence in its unique, and efficient, model for forming, funding and building new companies based on early-stage technologies in the life-sciences and technology sectors. Allied Minds, Inc., the biggest investor in technologies developed at renowned U.S. university […]

Invest Nebraska puts $500K into healthcare software firm

Nebraska economic development officials and business leaders announced a matching $500,000 seed investment from Invest Nebraska, as part of the Nebraska Department of Economic Development Innovation Fund, to Phynd Technologies, a new software firm that soon will launch a new solution for hospitals and health care providers.