Seven Purdue-affiliated startups receive investments totaling $200,000 from Elevate Purdue Foundry Fund 

Elevate Purdue Foundry Fund announced Tuesday (Dec. 18) that it has awarded a total of $200,000 in investment funding to seven Purdue University-affiliated startups. The fund is a joint venture between the Purdue Foundry, a Purdue-based startup accelerator, and Elevate Ventures, a private venture development organization that supports the development and success of entrepreneurs across Indiana. The fund’s […]

Five student ventures progress to compete for $100,000 prize in 2019 ASU Innovation Open | ASU Now: Access, Excellence, Impact

Last Friday, five student-led teams each won $5,000 and moved one step closer to potentially earning the $100,000 grand prize to fund their startups in the ASU Innovation Open pitch competition. Excitement and expectation reverberated throughout the presentation room at ASU’s SkySong campus as the early-stage entrepreneurs representing the top 15 ventures presented five-minute pitches […]

Two IURTC venture funds invest $400,000 in marketing data technology company

The Indiana University Philanthropic Venture Fund and the Innovate Indiana Fund have invested $400,000 in Indianapolis-based Zio Inc. Zio has created its Customer Insight Marketing Platform for brands in the retail sector. The company was co-founded by CEO Angel Morales and IU graduate Reuben Vandeventer, who is its chief data scientist. Morales said the platform creates insights into […]

Puerto Rico Science Trust to Lead NIH Initiative to Support Biomedical Technology Transfer and Acceleration in Puerto Rico

Grant funds will help build capacity to move scientific discoveries and technologies from the lab and into commercial products to improve patient care and enhance human health. Awards were made by the National Institute of General Medical Sciences (NIGMS), part of the National Institutes of Health (NIH), for Regional Technology Transfer Accelerator Hubs for Institutional […]

Honda partners with universities to investigate human-like AI 

Artificial intelligence (AI) that reasons like a human remains elusive, but Hondahopes to make inroads. The Tokyo company’s U.S.-based Research Institute today announced a collaboration with three academic institutions — the Massachusetts Institute of Technology (MIT), the University of Pennsylvania (Penn), and the University of Washington — to advance the field of artificial cognition. MIT’s Computer Science and Artificial […]

UAB establishes $500,000 innovation fund to support university start ups

The Bill. L. Harbert Institute for Innovation and Entrepreneurship at The University of Alabama at Birmingham has established a $500,000 Innovation Fund to support the development of early-stage discoveries and promising new university startups. Jan. 1, 2019, UAB whose research has demonstrated commercial potential may apply for up to $35,000 in funding to further develop […]

Samsung Ventures Funded Blockchain 

Samsung backed blockchain startup Aergo has received $30 million in venture funding, according to release from the company. Aergo is a partner of South Korea based Blocko – an enterprise blockchain provider. Aergo allows businesses to build applications and services by sharing data on a trustless and distributed IT ecosystem. Blocko plans to use the Aergo platform to offer […]

Battery startup born out of University of Queensland raises $1.74 million to fuel rapid growth plans

Brisbane startup Pure Battery Technologies has raised $1.74 million to commercialise University of Queensland-developed technology to improve the production of batteries for electric vehicles. The technology enables the nickel and cobalt minerals required for making batteries to be more easily extracted, and then converted into the components quickly and cheaply. The technology has been in development […]