University of Waterloo uses $5 million from endowment to launch VC fund

The University of Waterloo is investing up to $5 million from its $800-million endowment to create a venture capital fund to invest in startups. Led by general partners Ross Robinson and Akash Vaswani, Velocity Fund II (VFII) represents the first time that UWaterloo’s endowment will be used to invest in venture capital, according to the university. […]

Tech Maturation Awards Bring Potentially Transformative GW Inventions Closer to Market 

(William Atkins/GW Today) Five patent-protected technologies developed by inventors and researchers at the George Washington University received Technology Maturation Awards (TMA) from GW’s Technology Commericialization Office (TCO) for their significant potential impact on their respective fields. Each winning project received internal research funding of $50,000 for a term of six to 12 months. This funding will facilitate […]

Madrona Venture Labs announces $11M round to fund pre-seed AI founders

Madrona Venture Labs (MVL), a pre-seed startup incubator-of-sorts based in Seattle, Washington that bills itself as “an enterprise AI startup studio … for founders, by founders” has secured $11 million for its fifth fund, with a focus on empowering the next generation of AI founders. The funding round was led by sibling firm, the mighty Seattle giant Madrona Venture […]

Rice Alliance Clean Energy Accelerator announces Class 3 ventures 

Fifteen new energy ventures that are building technologies to accelerate the energy transition will work with the Rice Alliance Clean Energy Accelerator as part of the third cohort of the program. The annual 10-week program kicks off on July 25 and will conclude with a Demo Day alongside the 20th Annual Rice Alliance Energy Tech Venture Forum […]