Remita Seed Fund Invests N3m In 3 Nigerian Startups 

Remita Seed Fund, a venture capital arm of SystemSpecs, leading financial technology firm and owner of Remita, has given financial support of N3 million to three technology startups. Each of the companies received N1 million to accelerate their venture. The beneficiaries, Temie Giwa-Tubosun of LifeBank Technology and Logistics Ltd;  Damilare Oguneye of Lasiko Ltd; and […]

Selena Gomez establishes new fund for Lupus Research at University of Southern California

People magazine reports that Selena recently made a donation to the University of Southern California’s Keck School of Medicine to establish the Selena Gomez Fund for Lupus Research.  Selena revealed in 2015 that she suffered from the autoimmune disease, and even underwent chemotherapy as part of her treatment. In a statement, the singer says, “I […]

University System of Maryland Launches $25 Million Maryland Momentum Fund to Back Start-Up Companies Formed from Campus Research

To increase new company creation and commercialization of its leading-edge research, the University System of Maryland (USM) is launching a $25 million early-stage investment fund to be known as the Maryland Momentum Fund. The money-raising process for start-up companies typically is an uneven one. Therefore, the Maryland Momentum Fund will concentrate on filling gaps in […]

Research Park Corporation incubator, venture fund generate $196 million economic impact 

Research Park Corp. and affiliated organizations that include a technology business incubator and venture fund posted a total economic impact of $196 million in 2016, generated 3,100 direct and indirect jobs with a payroll of more than $83 million, officials said Thursday. State and local tax collections from those companies and jobs amounted to $11.2 million, […]

Imperial College innovative projects receive funding thanks to new Excellence Fund

In her March 2016 President’s Address, Professor Alice Gast highlighted the importance of excellence in teaching and research.  She dedicated £1 million per year to reward excellence while promoting courageous and innovative ideas in research and teaching. This is part of Imperial’s strategic commitment to invest new funds to pursue new and risky ideas. The Excellence […]

OKC’s Datebox secures $2.6 million investment round, led by i2E Inc

Datebox Inc., an Oklahoma City startup company that provides couples with creative dating ideas and products, has secured a $2.6 million seed round investment. The investment round included $1.3 million from the i2E-managed Oklahoma Seed Capital Fund, along with $300,000 from the SeedStep Angels group, also managed by i2E. The seed round also included $1 […]

Innovate Indiana Fund invests in early-stage payment-fraud analytics company

A high-tech company that detects payment-card fraud using machine learning and data analytics will be able to launch a product for merchants later in 2017. It will also be able to increase the size of its technical team that works on a product for banks and credit unions. Rippleshot received an investment from the Innovate […]