The SEC’s new rules are already changing how startups raise money
Sahil Lavingia, the CEO of commerce platform Gumroad, is raising $5 million in new funding. But he’s not traversing Sand Hill Road looking for a few big checks. Instead, he wants that $5 million to come in a few hundred dollars at a time, from investors he’s never met. Maybe even investors who no one would […]
‘Become the unicorn in the room’: Alumna partners with U of T to launch 100 Black-owned startups by 2025
Melisa Ellis (BA UTSC 2015), a University of Toronto graduate and founder of the non-profit social and technology enterprise Nobellum, is joining forces with U of T to help launch at least 100 Black-owned start-ups by 2025. “I know first-hand what it’s like to be the only Black person working at a tech company,” says Ellis, whose mission […]
TMC Innovation selects 20 participants for cancer therapeutics accelerator
Texas Medical Center Innovation selected 20 participants for its nine-month cancer therapeutics accelerator. The Accelerator for Cancer Therapeutics was established in 2019 using grant funding the TMC received from the Cancer Prevention Research Institute of Texas, or CPRIT. The ACT provides resources for business development, education and networking to selected researchers and early-stage biotech companies to advance their […]
TTU’s Innovation Hub announces $100K for 7 startups
The Innovation Hub at Research Park [on Feb. 7] announced the winners of its annual Presidents’ Innovative Startup Awards, through which the presidents of Texas Tech University and Texas Tech University Health Sciences Center (TTUHSC) recognize startups that exemplify innovation and commercialization. The awards give early-stage startups space and critical access to equipment to become revenue-generating companies. Texas Tech awarded four […]
The second fund of UTokyo Innovation Platform Co. comes to final closing with JPY25.6 billion
We are pleased to announce that a fund operated by UTokyo Innovation Platform Co., Ltd. (UTokyo IPC), the venture investment arm of the University of Tokyo (UTokyo), Japan’s leading national university, has come to a final closing, with a total of JPY 25.6 billion involving 11 institutional investors. The Accelerating Open Innovation Fund 1 (AOI Fund 1) is an investment limited partnership that […]
Yale University creates $15 million fund to chip away at climate change
Over the next three decades, Yale will funnel $15 million in funding to early stage projects aimed at fighting climate change. The Climate Impact Innovation Fund, which was announced late last month by University officials, was financed by anonymous donors. It will operate within the Planetary Solutions Project, a University-wide initiative established in December 2020 that aims […]