Arrowhead Innovation Fund makes first investment in a NM company 

An Energy Star-rated technology, EVUS Inc. uses a unique proprietary design that harnesses the power of magnets for use in home heating. “EVUS is an excellent example of the type of high-quality investments that are possible in New Mexico,” said AIF Managing Director Estela Hernandez. “This technology will bring to market an efficient and cost-saving […]

Keiretsu founder plans to push Philly angels for a new start-up pitch event

In Philadelphia, where finding a start-up investor is as tough as finding a Cowboys fan — or at least one who will admit it openly — the Angel Capital Expo could be considered an entrepreneur’s dream come true. The annual event by Keiretsu Forum Mid-Atlantic brings together the private-equity community with entrepreneurs looking for funding — […]

Indiana BioCrossroads forms $9M seed fund for life science startups

Indiana startup companies in life sciences, information technology and agricultural biosciences now have another source of early funding. BioCrossroads, an Indianapolis-based group that promotes and invests in the sector, said Wednesday it has formed a $9 million seed fund, its third such fund since 2004. Investors in the Indiana Seed Fund III include Eli Lilly […]

XLerateHealth, U of L, UK and WVU to create medical technology platform 

XLerateHealth LLC and three major universities are working together to create a hub that would help universities commercialize new biomedical technology. The Louisville startup accelerator is working with the University of Louisville, University of Kentucky and West Virginia University to create an online accelerator hub, and their leaders announced Thursday that they will use a […]

$13M state investment revitalizes Cornell Food Venture Center 

Food entrepreneurs in New York are getting a big boost from advanced technologies and facilities now available at the Cornell Food Venture Center (CFVC). The renovated CFVC pilot plant reopened Oct. 4 at a ribbon-cutting ceremony celebrating the enhanced capabilities of the state-of-the-art facility. The renovations were made possible through more than $13 million in […]