TEDCO’s Seed Fund +USM Momenturm Fund support $850K Investment Round
TEDCO, Maryland’s economic engine for technology companies, announced today its Seed Fund invested $200K in TargetDocs, a Maryland-based technology startup. TEDCO’s Seed investment is part of an $850K funding round, which includes University System of Maryland Momentum Fund (Momentum Fund), the Hustle Fund, New Age Capital, Debut Capital, Dingman Center Angels, and Gaingels. TargetDocs, based in Montgomery County and led […]
Emory University receives $10M gift for innovation, inclusion
Emory University is getting a financial boost to increase diversity and collaboration at two of its graduate schools. Billionaire philanthropist John Brown and his wife, Rosemary, plan to give $5 million to Emory’s Goizueta Business School to attract women and minority graduate students, and $5 million to Emory’s medical school to fund biomedical research and product development. […]
McGill Dobson Centre surpasses $1-billion milestone in startup seed funding
The McGill Dobson Centre for Entrepreneurship has reached a remarkable milestone: The startups it has supported have now raised more than $1 billion in seed funding (source: Crunchbase). “To sustain a steep growth curve, startups often need to burn capital before achieving profitability. This new milestone demonstrates the strong momentum that our startups are experiencing,” says […]
Innovate@BU hosts 21st New Venture Competition for social impacts
Innovate@BU will host the third and final round its largest annual New Venture Competition Friday. The competition will feature 12 finalists representing nine different schools and colleges within Boston University. Boston University’s BUild Lab. Innovate@BU will host the third round of its New Venture Competition Friday, awarding prizes to finalists who develop innovative solutions to critical social issues. […]
Philanthropy-backed Dartmouth Innovation Accelerator accelerator advances cancer therapies
Three teams of Dartmouth researchers have been selected to receive the first awards from the Dartmouth Innovations Accelerator for Cancer. A philanthropy-funded initiative, the Accelerator was launched in 2020 by Norris Cotton Cancer Center and the Magnuson Center for Entrepreneurship(link is external) to bring new cancer treatments to patients more quickly. So far, it has raised $3.3 […]
Victoria invests $1.8m in start-up accelerator
The Victorian government has invested another $1.8 million into Startmate to fund a Victorian-specific accelerator program, four years after the venture capital-backed accelerator expanded to Melbourne. The investment coincides with Startmate going out to the market to raise two new funds, both aimed at increasing the diversity in the entrepreneur and investor ecosystems.Startmate chief executive […]
Over $1.4M in prizes awarded at Rice University’s student startup competition
In its 21st year, the Rice Business Plan Competition hosted 54 student-founded startups from all over the world — its largest batch of companies to date — and doled out over $1.4 million in cash and investment prizes at the week-long virtual competition. RBPC, which is put on by the Rice Alliance for Technology and Entrepreneurship, took place […]
Brown family gift to Emory bolsters human health innovation
Innovation and inclusion have become the cornerstone of Emory University’s strategic mission and particularly relevant during this unique time in higher education. A key part of this strategy is the promotion of connectivity through cross-disciplinary partnerships and the creation of diverse programs that cultivate success for everyone. John and Rosemary Brown recognize that development in […]
Case Western Reserve University biotech startup Rodeo Therapeutics Corp. sold to Amgen Inc.
Rodeo Therapeutics Corp., a drug-development startup founded by two leading researchers from Case Western Reserve University School of Medicine and a third scientific partner, has been sold to Amgen Inc., a publicly traded international biopharmaceutical company. Under terms of the agreement, Amgen, based in Thousand Oaks, California, will acquire all outstanding shares of Rodeo for […]
University of Chicago to fund quantum technology start-ups
The University of Chicago, which is already planning to build a quantum internet, has launched a programme to fund quantum technology start-ups. The new venture, called Duality, wants to help up to 10 quantum start-ups a year to grow their businesses in the Chicago area. It has allocated a minimum $20 million investment over the […]