UPMC Enterprises commits $1 billion to life science investments
A corporate arm of UPMC will invest $1 billion over the next four years to develop new drugs, medical diagnostic and other devices by 2024, cranking a nascent economic engine in the Pittsburgh region while becoming a giant in venture funding for life sciences in Pennsylvania. The commitment announced Tuesday by UPMC Enterprises, the venture […]
ASU Develops a New Generation of Healthcare Innovators
Facebook, Apple, and Microsoft were launched by college-age students. To stimulate a similar dynamic for the healthcare industry, Arizona State University is creating a breeding ground to foment a new generation of innovators. The Tempe, Arizona-based university, which has been ranked the last five years by U.S. News and World Report as the nation’s most innovative university, offers a bachelor’s degree […]
Saudi Aramco Energy Ventures Plans New 0M Fund Targeting Renewable Energy
Saudi Aramco’s corporate venture capital arm is preparing to launch a new $500 million fund to invest in energy efficiency and renewable energy solutions as well as new oil and gas technologies. Saudi Aramco Energy Ventures (SAEV), a subsidiary of the kingdom’s state-owned oil producer, has also opened an office in Beijing and plans to scale […]