CU Healthcare Innovation Fund closes with $50 million in committed capital
The CU Healthcare Innovation Fund announced today that it has secured its maximum targeted committed capital of $50 million. The fund is affiliated with and located on the University of Colorado Anschutz Medical Campus near Denver, Colorado. The limited partners include, among others, the University of Colorado, UCHealth, Children’s Hospital Colorado and CU Medicine, all […]
Princeton University logistics tech startup raises $4 million in venture funds
A Princeton University spinoff that says its artificial intelligence (AI) platform can help logistics providers operate their companies better has raised $4 million in venture funding and hired an alumnus of Uber Freight and FourKites to promote it. Princeton, New Jersey-based Optimal Dynamics said today that its “CORE.ai” product uses technology it calls “high-dimensional artificial intelligence” […]
MIT Energy Initiative awards eight seed fund grants for early-stage MIT energy research
Eight individuals and teams from MIT were recently awarded $150,000 grants through the MIT Energy Initiative (MITEI) Seed Fund Program to support promising novel energy research. The highly competitive annual program received a total of 82 proposals from 88 researchers representing 17 departments, labs, and centers at MIT. The applications, which came from a range […]
Cornell Atkinson awards $1.1M to innovative projects
The Cornell Atkinson Center for Sustainability has awarded seven Academic Venture Fund (AVF) interdisciplinary seed grants, totaling $1.1 million, for projects that engage faculty from eight Cornell colleges and 16 academic departments. In its 13th year of providing grants, AVF serves as an incubator of innovation, according to David Lodge, the Francis J. DiSalvo Director of Cornell Atkinson. […]
X-Grants Program Provides Funding for Eight Interdisciplinary Projects
Eight interdisciplinary research projects will share $7 million in funding from Round 3 of Texas A&M University’s X-Grants program, an initiative of the 10-year, $100 million President’s Excellence Fund. The Round 3 funded projects represent 80 faculty members and other researchers from eight colleges — agriculture and life sciences, architecture, engineering, geosciences, medicine, pharmacy, science and veterinary medicine; […]
19 New Startups in SMU Business Innovations Generator’s Second Cohort of 2020
Business Innovations Generator (BIG), the incubator managed by the Institute of Innovation and Entrepreneurship (IIE) at the Singapore Management University (SMU), has unveiled 19 new startups accepted into its incubation program. This is BIG’s second cohort this year and its largest since its inception in 2009. The BIG Incubation Programme is an intensive four-month, equity-free program that […]
ISU Startup Factory accepts 11 teams into its ninth cohort
The Iowa State University Startup Factory today announced its ninth cohort of entrepreneurs entering the Iowa State-based program. Ten teams joined the program, along with one honorary member selected to participate. The program started on June 25 with a virtual kick-off reception. Cohort members, program staff, mentors, advisors, and investors joined the virtual ceremony held to celebrate […]
Ohio Third Frontier Commission accelerating new ideas, solutions
Last week, the Ohio Third Frontier Commission approved $5.34 million to help move new technologies and innovative products into the marketplace. “Advancing these new ideas and solutions continues Ohio’s great history of innovation,” said Lydia L. Mihalik, director of the Ohio Development Services Agency and chair of the Ohio Third Frontier Commission. “Innovation is in […]
Venture capitalists, Purdue innovations, startups establish winning combination for moving life-changing technologies to public
WEST LAFAYETTE, Ind. — Purdue University will reach 275 startups within the coming fiscal year in startup creation. Providing strength and longevity to Purdue-affiliated startups is the more than $400 million dollars in support and investments the startups have brought to Indiana, much from venture capitalists. “Venture capitalists are interested in companies with innovations that […]