Indiana Purdue Collaboration is a ‘Fund With Afterburners’
Qualified Purdue-affiliated startups have two more resources to advance their companies through a three-year, $2 million fund as well as the addition of two new entrepreneurs-in-residence through a collaboration among the Purdue Foundry, Elevate Ventures and the Indiana Economic Development Corporation. “There are three critical assets a startup needs to be successful: a viable product, […]
Ohio Third Frontier awards more than $8.4 million to University of Akron, Cleveland Clinic and other Northeast Ohio innovators, universities
The Ohio Third Frontier Commission on Wednesday approved $12.5 million to support startups, commercialize technologies, and help companies develop innovative products. Two-thirds of the money, or more than $8.4 million, was awarded to The University of Akron, the Cleveland Clinic and four other Northeast Ohio businesses and research entities. Other recipients statewide were: Cincinnati Children’s Hospital, The […]
Merck’s venture arm invests in data security for academia, gov’t & biotech collaboration
Identity management software company Exostar has received a $5 million investment from Merck’s venture arm to expand its healthcare and life sciences business. This centers on secure data collaboration, because big pharma – as pretty much every healthcare-related operation -needs to operate more lithely in the new world of big data. Data security’s become hugely paramount in the health […]
SpeedInvest launches €50m second fund
The fund has been launched in partnership with start-up platform Pioneers and business angel Johann Hansmann. SpeedInvest CEO Oliver Holle hinted the fund would be holding its first close by the end of 2014. The fund, which aims to bridge the gap between a start-up incubator and a seed investor, will have a typical lifespan […]
MBA Entrepreneurs Profit As Schools Pump Record Sums Into Ventures
Before Alex Money enrolled in a master’s and later a PhD at Oxford University, he was a fund manager in the City of London, where he spent two decades working in investor relations and as a portfolio manager at Citibank, among other financial services groups. Now he is a start-up founder, working out of a […]