CoMotion-funded Health tech startup spins out of Univ. of Washington, aims to make surgery more efficient with data science

The University of Washington added yet another startup to its growing list of spinouts Monday: Perimatics, a health technology company that offers data science-based software solutions for hospitals. The company was co-founded by Kalyani Velagapudi, a Microsoft vet and founder of Bellevue, Wash.,-based analytics and data consulting firm Winigent, and Bala Nair, a UW professor who invented the company’s Smart […]

RIT Venture Creations companies will compete for $1 million accelerator grand prize

Two companies at Rochester Institute of Technology’s Venture Creations incubator were selected to compete for the $1 million grand prize in the New York state-funded Luminate NY accelerator program. The companies, Positive Science and Molecular Glasses, will join eight others for a six-month accelerator program at High Tech Rochester’s incubator space in downtown Rochester. Each […]

Two University of Buffalo startups win $50,000 in FuzeHub commercialization competition

Two University at Buffalo startups have each won $50,000 in a statewide commercialization competition organized by FuzeHub, a nonprofit organization responsible for assisting small- to medium-sized manufacturing companies in New York State. Ferric Contrast Inc. founded by UB chemistry professor Janet Morrow, and NanoHydroChem LLC, co-founded by UB chemical and biological engineering PhD candidate Parham […]

Duke Incubation Fund Launches to Support Early-Stage Ideas

The Duke Innovation & Entrepreneurship Initiative today announced the creation of the Duke Incubation Fund, a vehicle for enabling projects originating within the campus innovation community. The fund will offer awards to Duke faculty, graduate students, post-docs and medical residents and fellows to support early-stage ideas based on Duke intellectual property with the potential to go to […]

The Maryland Venture Fund closed on $25M to invest in tech companies 

The TEDCO-run investment arm closed on $25 million for the Maryland Innovation Opportunity Fund I, according to a press release. The money comes from Maryland’s State Retirement and Pension Fund. The state-backed fund, which focuses on tech, healthcare and life sciences, was transferred under leadership of TEDCO in 2015. It was then retooled as a new team […]

Mayo Clinic, ASU collaborate to seed and accelerate research

In Silicon Valley, investors flock to back potentially disruptive new technology and apps — even if they are still in development. But the funding landscape is a little different for health research. Although novel ideas have great potential to radically improve health care and medicine, funding agencies usually choose to fund well-established research. This can […]