UWM entrepreneurship center receives $1 million from Bud and Sue Selig

The University of Wisconsin-Milwaukee announced a $1 million gift Wednesday from former Milwaukee Brewers owner Bud Selig and his wife, Sue, the latest of several high-profile investments by big names in UWM and the UW System. Selig, who is the commissioner emeritus of Major League Baseball, is credited with bringing MLB back to Milwaukee in 1970 when he […]

UA Fueling Rapid Tucson Tech Growth

Tucson tech and talent have hit the map, as low unemployment and high demand for talent have tech companies turning to smaller communities to fill their pipelines, according to a new report that says Tucson is the leading emerging market in the United States. In its 2019 Scoring Tech Talent report, global commercial real estate services […]

Venture Firm Wellington Partners Launches $237 Million Life Science Fund

Wellington Partners, a top European venture capital firm based in Munich, Germany, announced the final close of its fifth-generation Wellington Partners Life Science Fund V (WPLS-V). It closed at $237 million (U.S.), which is the largest Wellington Partners fund targeting life sciences. The fund plans to build a portfolio of about 15 to 20 companies, with a […]

This VC Firm Just Raised More Than $1 Billion To Invest in Moonshots

Lux Capital, a New York-based venture capital firm, has raised more than $1 billion across two new funds to back companies on “the cutting edge of science.” The firm raised $500 million for its sixth flagship early-stage fund and another $550 million for an opportunity fund focused on growth-stage investments. Limited partners include global foundations, university […]

Science Trust gets significant grant from U.S. Dept. of Commerce 

The Puerto Rico Science, Technology and Research Trust was selected as one of the 44 nonprofit entities will receive funding from the U.S. Economic Development Administration’s Regional Innovation Strategies Program, which will award a total of $23 million to expand high impact entrepreneurship. The Trust will launch the Investor Bridge Project based on Puerto Rico’s […]

Maryland Energy Innovation Accelerator launched to advance clean energy adoption

With the recent launch of the Maryland Energy Innovation Accelerator (MEIA), the Maryland Clean Energy Center (MCEC) is poised to deliver on its mission of assisting energy related research and technology efforts to commercialize and move to market. MEIA plans to take clean tech from bench to business. MEIA aims to facilitate early-stage technology commercialization […]