AI2 Incubator hatches $10M fund for startups with VC support
Seattle’s Allen Institute for Artificial Intelligence is kicking things up more than a notch for AI startups with a $10 million pre-seed fund for its incubator program. The AI2 Incubator’s fund is backed by some of the nation’s top venture capital institutions, such as Seattle’s Madrona Venture Group, Silicon Valley’s Sequoia Capital and Kleiner Perkins, and New York’s Two Sigma Ventures. But wait … there’s […]
CIT GAP Funds 2019 Impact Report Showcases $28.8 Million in Capital Deployed to Date
The Center for Innovative Technology (CIT) today released the 2019 CIT GAP Funds Impact Report, detailing both return on investment and socio-economic impact made since the fund’s inception in 2005. A family of funds placing equity investments in Virginia’s high-growth based technology, life science, and cleantech companies at the earliest developmental stages, CIT GAP Funds […]
Science Center awards $600K to three Philly-area researchers for innovative cancer technology
The Science Center on Wednesday announced that it will give a total of $600,000 to three area researchers with unproven but promising concepts for cancer treatment and diagnosis. The nonprofit center, located in University City, provides funding and business advice for academic researchers who are at an early stage of developing life science technologies that […]