Connecticut Senate Approves CTNext In Effort To Boost Startup Companies, support UCONN 

It could be years before results are visible, but Connecticut made the first significant move Thursday to extend state government’s role in promoting startup firms and early-stage business ventures. The Senate approved a $19.7 billion state budget that includes a provision broadening the work of CTNext, a subsidiary of Connecticticut Innovations, the state’s venture capital […]

Serra Ventures at U Illinois hopes to raise $50M in new fund, invest in 50 startups 

Serra Ventures, a venture capital firm focused on Midwestern companies is on its way to raising $50 million, and it’s eyeing a handful of potential investments. Serra Ventures, at the University of Illinois at Urbana-Champaign’s Research Park, aims to nearly triple the size of its second fund and invest in 40 to 50 startups through its third fund, launched in […]