Innovosource/Mind the Gap cited in article covering University of California’s $250 million venture fund
Seeking to boost the state’s innovation economy — and profit from it — the University of California plans to finance spinoff companies with the largest fund of its kind in the nation. The system’s Board of Regents approved the $250 million fund Wednesday, and the program is set to start operating next year.
Maine Venture Fund Partners with private investors to fuel the growth of Orono Spectral Solutions, Inc
The Maine Venture Fund (MVF) and private investors provided OSS with equity capital, following on the successful execution of numerous Federal SBIR and Broad Agency Announcement awards that funded the development of their existing commercial products.
Innovate Indiana Funded Start-up Closes $10M Series B
PrecisionHawk, an IU-funded venture that deploys unmanned aerial vehicles (UAVs) to collect and process data for various commercial users, today disclosed a second round of funding that totals nearly $10 million.
Student-run Seed Fund invests in Massolit online education provider
The Saïd Business School Seed Fund, a student-run investment fund at Oxford University, just invested £25,000 in Massolit, an educational publisher of online courses. SBS has made a record number of investments this year.
Seed fund for Illinois university tech startups launched
The state is launching a $500,000 seed fund to encourage tech spinoffs from Illinois universities. Many of the universities, such as University of Illinois at Chicago and University of Chicago, already have their own larger funds aimed at moving ideas from the lab to the commercial market.
Cambridge University breaks investment record with £2.7 million in investments
The University of Cambridge is raising a third enterprise fund this month having broken its early stage investment record for a second year running, approving nine seed fund investments for a total of £2.7 million – an increase on the £2.3m invested in 2012/13. Cash raised from its portfolio is being recycled in an exciting […]