Hospitals bet big on venture capitals
When the coronavirus first appeared in the United States two years ago, hospitals soon realized that the pandemic would disrupt not only their ability to provide care, but also their financial lines. As hospitals became overburdened with COVID-19 patients, lucrative inpatient numbers collapsed, and many operators are still recovering. Some hospitals have moved their focus […]
CSIRO’s VC fund backs biotech startups from U New South Wales
SynBio 10x will be held in collaboration with the RNA Institute and the University of New South Wales’ School of Biotechnology and Biomolecular Sciences. Each startup in the accelerator program will get a $120,000 investment from Main Sequence, with the promise that the VC will look to provide further funding after the program for high-performing […]
Berkeley SkyDeck Closes $60 Million Fund II
SkyDeck Fund II has closed at UC Berkeley SkyDeck, the worldwide hub for entrepreneurship and a top accelerator. Fund II is roughly three times larger than Fund I, with $60 million in commitments, and includes a wide group of returning and new investors, including renowned Silicon Valley venture capital firms. The Berkeley SkyDeck Fund is […]
$20M Frankel Innovation Initiative Set to Kick off Third Round of Funding | Michigan Medicine
Fast Forward Medical Innovation (FFMI)(link is external), a unit of the University of Michigan Medical School Office of Research(link is external), is launching the third round of the Frankel Innovation Initiative(link is external), a $20 million gift from the Maxine and Stuart Frankel Foundation to support research and development of life-saving therapies at Michigan Medicine […]
UConn Moving Forward on Bold ‘Innovation Faculty’ Recruitment
UConn’s broad proposal to boost Connecticut’s economy by dramatically boosting faculty-led innovation is going forward, with key committees approving its details on Wednesday and forwarding it to the full Board of Trustees. The “Innovation Faculty Hires & Entrepreneurial Ecosystem Initiative” was developed by UConn as a pathway to increase tech transfer, entrepreneurship, and innovation by […]
Mayo Clinic launches AI startup program to help early-stage companies
This week, Mayo Clinic announced the opening of its artificial intelligence startup program, which includes four early-stage health technology startups. Mayo Clinic Platform Accelerate is a 20-week program that intends to assist AI-based firms in becoming market-ready by providing access to Mayo Clinic specialists in regulatory, clinical, technological, and commercial domains, with an emphasis on […]
RFSUNY Technology Accelerator Fund Call for Submissions
The TAF Class of 2022 marks the program’s eleventh year of assisting SUNY faculty inventors and scientists in commercializing their research. The program focuses on key research and development milestones, such as feasibility studies, prototyping, and testing, that indicate a product’s commercial viability. The idea is to make them more appealing to potential investors. The […]
Next-gen data storage start-up takes first-place Venture Prize at Brown University
Given the effect of COVID-19, Brown’s most advanced entrepreneurial endeavors gathered in front of a live audience on Thursday, March 17, for the first time in three years to pitch their ideas to a panel of distinguished judges and compete for $50,000 in funding. The big winner of the fifth-annual Venture Prize pitch night at […]