Ohio Capital Fund notches 8.7 percent return on investment since 2006 founding

Ohio’s $150 million state-backed fund for venture-capital investments is showing stronger returns and has attracted more than $1 billion investment to the state, but still is performing below expectations. The Ohio Capital Fund LLC has generated an 8.7 percent annualized return from 2006 through the end of last year, fund managers on Thursday told the […]

Venture Capitalists Enlist Student-Run Funds to Find the Next Facebook – WSJ

On a late Friday afternoon earlier this month, a dozen students crowded around a table in an office overlooking New York City’s Madison Square Park. Their mission: deciding whether to invest a chunk of a $3 million fund into a student-led startup. The 20-something investors were carefully selected from East Coast universities such as Princeton, […]

Economy Ministry and University of Malta partner up to fund more technology start-ups

The Ministry for The Economy, Investment and Small Business  and the Centre for Entrepreneurship and Business Incubation (CEBI) of the University of Malta TAKEOFF, have launched the 2015 TAKEOFF Seed Fund Award (TOSFA) at the TAKEOFF Business Incubator. Through the award, the sum of €100,000 in seed funding will be allocated to groups of innovators […]

Med tech start-up exits Bank of Ireland Seed Fund with US$21m valuation

Galway med tech company neoSurgical has become the first start-up to exit the 2009 Bank of Ireland Seed and Early Stage Fund after raising US$6m from US investor SAIG. Kernel Capital said that it has commenced the formal divestment of the 2009 Bank of Ireland Seed and Early Stage Fund, which has a portfolio of almost […]

Mercia launches start-up competition for Life Sciences Sector

Mercia Fund Management (MFM), one of the leading UK technology investors, announces the launch of its quarterly start-up competition, The Pitch, with the chance for the winner to receive £3000. This quarter’s competition focuses on businesses within the Life Sciences sector. Mercia is currently inviting applications from the life science sector, specifically biotechnology, medical devices […]

Innovation Fund 2 is NC’s Investing Tool into Growth Startups

Last Wednesday, N.C. Treasurer Janet Cowell talked to investment leaders such as Falfurrias Capital Partners’ Hugh McColl and Bull City Venture Partners’ Jason Caplain. The goal of the discussion was to update private equity on the return’s of North Carolina’s first investment fund and to announce the second larger fund. The first fund -Innovation Fund – was and a […]

Virginia universities receive $220K on ag research grants

At its recent meeting in March, the Virginia Agricultural Council (VAC) reviewed research project proposals and funded 21 new projects totaling almost $220,000, as well as more than $45,000 for four new projects for lawn and turf research. It also extended funding for a second year on five projects totaling nearly $50,000. In 1966 the […]

Seed investment for Thai tech start-ups via new 500 TukTuks fund – The Nation

Natavudh Pungcharoenpong, the founder of successful tech start-up Ookbee, is one of the investors in 500 TukTuks – and one of its two fund managers.He said 500 TukTuks consisted of investments from 500 Startups and a group of Thai investors in the ratio of 10:90, while being run and operated by Krating Poonpol and himself.The […]