Purdue University Foundry invests over $500K to university start ups

More than $500,000 was awarded to 11 Purdue University startups to aide in their advancement, ranging from networking apps to appliances that grow produce. The Elevate Purdue Foundry Fund provides money for Purdue-affiliated startups with pre-seed, seed and early stage investment and co-investment programs. Since the program’s beginning in 2014, the fund has committed to invest $2.5 […]

Cisco eyes early-stage startups with new venture fund 

Cisco Systems Inc., one of the most prolific corporate acquirers of startups, is starting up a new venture fund that will run independently from the parent company, people familiar with the matter say. The Silicon Valley company, which historically has invested from its cash reserves, plans to be the anchor limited-partner investor in the new […]

AZBio initiative aims to cure funding gap that ails Arizona 

Trying to build on Arizona’s significant investments in the life science discovery and healthcare delivery infrastructure, the state’s leaders are focused on bridging the funding gap that slows the growth of Arizona-based life science companies. Leaders of Arizona’s life science sector share a drive to accomplish a common goal: accelerate the growth of local companies […]

Early-stage investors get infusion from state’s Catalyst Fund 

The state-backed Catalyst Fund has approved a $1.6 million commitment to NMA Ventures, a new fund run by prominent Angels to invest in early-stage technology companies across the state. New Mexico Angels President John Chavez, former Angels Vice President Dorian Rader, and Angels board member Sherman McCorkle partnered together last year to launch NMA Ventures. […]