5 lessons for academic founders swapping the lab bench for the boardroom | Sifted

Acareer in science no longer just means lab work, research papers and publishing in journals. More and more, scientific talent is entering tech by commercialising research and launching companies in everything from AI and quantum to drug discovery and carbon capture. But that brings with it its own challenges. Scientifically minded academics are usually more technical and […]

FACIT and T-CAIREM at the University of Toronto partner to commercialize medical AI

TORONTO, Aug. 2, 2023 /PRNewswire/ – Together with the University of Toronto’s Temerty Centre for Artificial Intelligence Research and Education in Medicine (T-CAIREM), FACIT announced a new partnership to commercialize artificial intelligence (AI) innovations. The partners intend to harness both T-CAIREM’s innovative translational research in AI and FACIT’s unique commercialization-venture model to build the next generation of Ontario biotechnology companies.  The joint […]

Drexel Announces First Cohort of Innovation Fund Investments

Drexel University has selected the first Drexel-affiliated startups to receive support from its Innovation Fund. GrowFlux, an agricultural lighting technology startup, and SusMax, which produces lightweight aggregate construction material, will each receive $150,000 investments from the Fund, which was established in January. “Drexel is pleased to support the journeys of SusMax and GrowFlux through the Fund as they develop […]