U Queensland Inflazome closes US$17m Series A financing round from Novartis Venture Fund
Inflazome (inflazome.com) has successfully closed a Series A financing round for up to US$17/€15 million. Two leading life sciences venture capital firms, Novartis Venture Funds and Fountain Healthcare Partners, co-led the financing. Inflazome is developing inhibitors of the inflammasome, a compelling biological target that regulates our innate immune response, now associated with a wide variety […]
PepsiCo extends innovation fund to educational institutions
Eligible colleges and universities will have the opportunity to submit sustainability project proposals to PepsiCo Recycling that present tangible environmental, economic and social impacts. The proposals will also need to demonstrate the ingenuity, scalability and evident student community support for the proposed project to receive funding. PepsiCo recycling programme director Meagan Smith said: “Great ideas […]
University of California Is Putting Money Into an Alumni VC Fund
The University of California is giving its student entrepreneurs a big endorsement. During a scheduled public meeting of its regents’ finance committee on Friday, the school revealed that it has invested into the House Fund, a young $6 million fund. The fund, established by UC Berkeley alumnus Jeremy Fiance, focuses on very early stage startups […]
Michigan Economic Development Corporation to provide more money for entrepreneurship, innovation
The Small Business Development Center, Invest Detroit, Automation Alley and TechTownare some of the beneficiaries of a budget increase for support of entrepreneurship and innovation by the Michigan Economic Development Corp. for the fiscal year that begins Oct. 1. According to Emily Guerrant, MEDC vice president of marketing, the budget for entrepreneurship and innovation has […]
U of Chicago ExplORer Surgical Announces $1M Seed Round
ExplORer Surgical, a leading developer of an intraoperative workflow management tool for surgery, announced today the closing of $1 million in seed round funding. Investors include CJM Ventures, M25 Group, SymphonyAlpha Ventures, The University of Chicago Innovation Fund, Wasson Enterprise, as well as prominent healthcare and technology angel investors. ExplORer prevents delays & disruptions that […]