SparkLabs launches $50M fund for promising early-stage startups in Korea
SparkLabs Group started in 2012 with a Seoul-based accelerator dedicated to boosting South Korea’s then-nascent startup ecosystem. Now it’s going back to its roots with the launch of a $50 million fund for early-stage Korean startups that want to expand globally. The Korean fund’s anchor investors are SeAH and Korea Development Bank/Multi-Asset. Led by Brian Kang and […]
University of Michigan fund invests $100K in cosmetics startup
The Zell Lurie Founders Fund at the University of Michigan has made a seed investment of $100,000 in Ann Arbor-based Sahi Cosmetics LLC, a startup that was part of last winter’s cohort of companies at the Desai Accelerator. The accelerator is a joint venture between the Zell Lurie Institute at UM’s Ross School of Business […]
NC Biotech Center awards $3.6M in loans, grants :: Editor’s Blog at WRAL TechWire
The North Carolina Biotechnology Center awarded 47 loans and grants totaling $3.6 million to universities, bioscience companies and other entities in the fourth quarter of its 2016-2017 fiscal year ending June 30. The awards will support life science research, technology commercialization and entrepreneurship throughout North Carolina and help universities and companies attract additional funding from […]
WARF to rev up funding for startup companies | Business Report | chippewa.com
WARF is blazing forward with efforts to turn UW-Madison discoveries into products on the market, and will triple its spending on entrepreneurial programs over the next several years. Erik Iverson, managing director of the Wisconsin Alumni Research Foundation, noted that studies have shown Wisconsin lags many other states in entrepreneurship, ranking Wisconsin 25th in the […]