Third Rock Ventures Raises $616 Million Fund IV for healthcare tech

Third Rock Ventures, LLC announced today the closing of Third Rock Ventures IV, LP (“Fund IV”), raising $616 million in an oversubscribed fund. With Fund IV, the firm will continue to execute on its strategy of creating innovative healthcare companies to make a meaningful difference in the lives of patients and their families. Since launching […]

University Hospitals receives $500,000 grant from Third Frontier for tech ventures

The Ohio Third Frontier Commission on Thursday awarded University Hospitals a $500,000 grant to help speed up the development of promising biomedical technologies. UH will match the grant from the Ohio Third Frontier Technology Validation and Start-up Fund to bolster the hospital system’s technology venture fund, and expects to be able to fund eight to […]

Venture Grants Fund Growth and Exploration for Colorado College Students

Keller Venture Grants, made possible by the Keller Family Foundation, allow hundreds of Colorado College students to create and implement their own research projects by providing students up to $1,000. Last year, the program provided nearly $150,000 in student research funds and saw 146 CC students pursue their own individual research projects on campus, across […]

Launch of Alberta Transplant Innovation Fund to Accelerate Transplant Research and Innovation 

The University Hospital Foundation, Alberta Economic Development and Trade and Astellas Pharma Canada, Inc. (Astellas) today announced a new research and innovation partnership that will have a direct and tangible impact on some of the most vulnerable Albertans – those waiting for organ transplantation. The three organizations have partnered to establish the $1.2 million dollars […]

MIT starts $25M venture fund

[fusion_text]The Massachusetts Institute of Technology has spawned a dazzling array of innovations in its 155-year history, from disposable razors to wind tunnels to radar. Now, the university wants to open up its checkbook to turn the next generation of big ideas into businesses. On Wednesday, the school said it was raising $150 million for a […]