Neil Woodford plugs £11.6m into start-up investor Imperial Innovations
Neil Woodford has added £11.6m to his stake in Imperial Innovations, a technology company that invests in start-ups ranging from payment apps to new drug treatments, underlining the respected fund manager’s confidence in British science research. The purchase boosts Woodford Investment Management’s existing 19.9pc holding in Imperial by nearly 2pc, and comes after the technology company placed £100m of new shares […]
Maryland State university system plans to create $25 million investment fund for start-ups
The University System of Maryland plans to establish a $25 million fund to invest in startup companies created by students, faculty and recent graduates. The system, which includes 12 of the state’s public institutions, would invest $10 million in the Early Stage Investment Fund over four years. Another $15 million would come from the state, […]
State-backed German startup investment vehicle plans new €300M fund
High-Tech Gründerfonds (HTGF), a seed investor backed by the German government, has revealed plans to raise €300 million ($341 million) for its third fund. The money is intended to enable HTGF to continue the startup-backing remit that has already seen it help 440 companies get off the ground. Life sciences is one of several fields […]
9 companies join Portland Seed Fund portfolio
The eighth class of the Portland Seed Fund will take the stage Wednesday afternoon before 100 investors in downtown Portland, completing the latest cycle of the accelerator. This class of companies ranges from health care technology to food to sharing platforms. There are also three startups outside of the fund’s traditional Portland metro. The companies […]
U Oregon tech startup firm plans to grow with $1 million infusion
A Eugene startup that has invented technology used in drug discovery and environmental testing recently raised $1 million in an investment round to help support its growth. NemaMetrix, a spin-out of University of Oregon research, has developed a portable device that can be used to quickly test the effects of drugs or environmental toxins on […]
Five startups split $70K from Winston-Salem venture fund, with chance at $250K
Five startups from a pool of 235 were selected to share in $70,000 in upfront funding as part of the 2016 fund of Winston-Salem-based New Ventures Investment Club. Each of the five will now participate in the New Ventures Startup Accelerator program based at Flywheel Cowork in Wake Forest Innovation Quarter, with the opportunity to […]