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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
Purdue selected for new fund to commercialize university intellectual property, grow rural communities
Purdue University has been hand-picked by Big Idea Ventures LLC, a global leader in early-stage food technology and alternative protein investment, for a new fund to commercialize university intellectual property. The new Generation Food Rural Partners (GFRP) fund is a $125 million target fund that will fuel economic development in rural communities across the United States through […]
Binghamton University researchers receive $50K from SUNY for Parkinson’s, environmental work
SUNY has awarded Binghamton University researchers $50,000 apiece as they work on separate projects. Their research efforts focus on creating a new therapy to provide relief to Parkinson’s patients and help locate abandoned oil and gas wells, the school said in a news release. The SUNY Technology Accelerator Fund — which helps faculty inventors and […]
WashU faculty startup raises $5.1M in Series A funding
Jennifer Silva, MD, is a pediatric cardiologist and associate professor of pediatrics at Washington University School of Medicine. Jonathan Silva is associate professor of biomedical engineering in the McKelvey School of Engineering. SentiAR’s first product, the CommandEP system, is an augmented reality (AR) software used in cardiac procedures. The patented system converts outputs from CT, MRI, and catheter mapping […]