Imperial Innovations invests £5.1m in new biotech start-up
AIM-listed technology investor Imperial Innovations invested £5.1m in Artios Pharma, a new biotech start-up launched on Wednesday. Imperial Innovations contributed £5.1m to the £25m series A funding round, giving it a 14.9% interest in the new Cambridge- based company. Artios, which is backed by a syndicate of leading European and US life science investors including […]
University of Tokyo to invest in affiliated startups
The University of Tokyo will launch one of Japan’s largest university-tied investment funds by the end of the year, pouring up to 16 billion yen ($157 million) into affiliated startups in pharmaceuticals, materials and other fields with long timelines that tend to deter private investors. Pending approval from the education ministry, the university will put 23 […]
Enterprise Ireland’s €500,000 agricultural fund opens for applications
Enterprise Ireland’s €500,000 Competitive Start Fund (CSF) to support start-up activity in the agricultural and manufacturing sectors opens for entries today, September 21. The fund provides €50,000 in equity fundingfor each successful applicant and will close at 3pm Wednesday, October 5, 2016. Now in its second year, the purpose of the Competitive Start Fund is to […]
Valley VC Spectrum28 launches $170m fund for disruptive technologies
Spectrum28, a Silicon Valley-based venture capital firm focused on investing in companies disrupting long-standing industries, has closed its first fund, Spectrum Fund I, with a corpus of $170 million. Co-founded by experienced investors and entrepreneurs, the fund co-founders and founding general partners are Kent Ho and Lyon Wong. Financial backers of the fund include a diversified group of […]
Announcing the 2016 Illinois Proof-of-Concept Program Award Recipients
The University of Illinois at Urbana-Champaign Office of Technology Management (OTM) is pleased to announce the 2016 awardees of the Illinois Proof-of-Concept Funding Program (I-POC). I-POC facilitates development projects that demonstrate an innovation’s market viability to potential investors and partners. Projects consist of a defined set of milestones that, when completed, help overcome a specific hurdle to […]
Dundee Venture Capital raises $20M to fund startups across the Midwest
A venture fund in the Midwest just closed a $20 million round in hopes of fueling the region’s burgeoning tech ecosystems. Omaha-based Dundee Venture Capital announced its Fund III on Tuesday, which will be used to bolster seed and early-stage tech companies in the e-commerce, B2B SaaS and consumer network industries. Dundee also announced a […]