U of Toronto startup raises US$45 million to build AI-powered drug discovery business
A University of Toronto startup using artificial intelligence to speed drug discovery has raised US$45 million to fund growth – yet another example of how efforts to commercialize the university’s AI expertise are making waves in the business world. San Francisco-based Atomwise, which helps screen millions of potential drug candidates in a fraction of the […]
WARF Research fund embraces innovation
The Wisconsin Alumni Research Foundation, a $3 billion endowment funding scientific research programs at the University of Wisconsin-Madison, has helped finance life-changing scientific innovation, from human embryonic stem cell treatments to the processing technologies that underpin modern computing. An equally bold and experimental ethos underscores investment strategy at the fund. A risk parity strategy with […]
UK Innovation & Science Seed Fund Invests in Seven Companies
UK Innovation & Science Seed Fund (UKI2S) , formerly known as Rainbow Seed Fund, a Harwell, Oxford-based early-stage venture capital fund focused on promising technologies based on the UK’s publicly-funded research, has invested in seven companies. The investment was made via the Government’s Innovate UK (IUK) £8.5m investment accelerator, which combines equity and grant funding to back […]
Purdue business competition awards $115,000 to 12 winning student startups
The Burton D. Morgan Business Model Competition awarded 12 student startups funding totaling $115,000. Purdue University’s Center for Entrepreneurship hosted the final presentations in late February. The top three winners received a total of $55,000 in funding. First-place winners included Spiro Therapeutics, awarded $25,000; MediTrack awarded $15,000 and Incas Diagnostics awarded $15,000. The Burton D. Morgan Business Model Competition […]