Moscow Seed Fund invests in first medical tech project
The Moscow Seed Fund and nanotech centre Technospark have invested $156k in company NSL’s medical laser drill. The instrument is designed for contactless puncturing of the finger tissue for blood analysis. The money will allow NSL to take the drill into mass production.
Bend Natural Gas Vehicle Technology Startup Secures $3M with Help from Oregon BEST, ONAMI
PORTLAND, Ore. Two of Oregon¹s signature research centers, Oregon BEST and ONAMI, today announced $400,000 in commercialization funding for Bend, Ore.-based startup Onboard Dynamics, Inc. The funding secures a $3-million grant from the U.S. Dept. of Energy¹s Advanced Research Projects Agency-Energy (ARPA-E), which invested an initial $1 million in the project two years ago.
New Seattle Angel Fund Forming to Back Northwest Startups
Seattle Angel, which over the last three years has focused on introducing more qualified people to angel investing, plans a Northwest-focused investment fund set to begin early next year.
University of California Plans $250M Fund for Campus Startups
The University of California is planning a $250 million venture-capital fund to finance startup companies stemming from research conducted by its faculty and students.