Wichita State-based cleantech company reaches $2.1 million in seed funding
Creating eco-friendly refrigeration and cooling technology is one of the top concerns when it comes to fighting climate change. Thanks to resources and knowledge at Wichita State University, a Wichita company is one step closer to finding a solution to that problem. HyperBorean announced today that it closed its pre-seed angel round of financing totaling […]
$5M state grant will allow OU-led venture-tech program to grow
TechGROWTH Ohio, Ohio University’s Ohio Third Frontier entrepreneurial services provider, has been awarded $5.05 million by the state of Ohio in a competitive funding process for venture development services, according to a news release. The grant will be matched by OU and private organizations, allowing TechGROWTH to continue and expand services through 2022, the release […]
Duke University gets $130 million in funding to accelerate drug discovery
Duke University and Deerfield Management Company, a healthcare investment firm, have created a major translational research collaboration with $130 million in funding. By way of a newly launched company called Four Points Innovation, up to $130 million of initial funding will be made available by Deerfield to back the initiative for 10 years. Deerfield also will provide development expertise in support of Duke’s innovative drug research across a span of high-need therapeutic areas, as well as those targeting patients […]
Five tech startups receive a total of $275,000 in support from Innovation Fund Northeast Ohio
Five startups have received a total of $275,000, in amounts ranging from $25,000 to $75,000, from Innovation Fund Northeast Ohio in Elyria. The Innovation Fund — an early-stage fund for startups in the technology space that was founded by the Lorain County Community College Foundation and launched in 2007 — said in a news release that the money will enable the […]
Student startups shine at Invent Penn State conference
Shortly after the recent 2019 Invent Penn State Venture & IP Conference kicked off, Penn State President Eric Barron welcomed eight Penn State student researchers and entrepreneurs to center stage for them to participate in the Student Startup Showcase – a forum for the University’s best and brightest student entrepreneurs to share with venture capitalists and other […]
Clemson, Prisma Health invest in medical innovation
Researchers at Clemson University and Prisma Health have received funding to collaborate on the development of new medical treatment and diagnostic technologies. Three Clemson-Prisma Health collaborations received investments from the recently created Innovation Maturation Fund, a joint effort between the Health Sciences Center (HSC) at Prisma Health and the Clemson University Division of Research. The […]
They say it takes a village, and the village of investors in New Mexico would agree. New Mexico State University’s Arrowhead Innovation Fund has seeded investments across the state, and now one of its business investments, Osazda Energy LLC, has grown its own wings to receive more than $1.5 million in grants this year alone […]
University of Houston receives historic $13M gift for its entrepreneurship program
University of Houston’s C.T. Bauer College of Business has received its second largest donation to benefit its entrepreneurship program. The Cyvia and Melvyn Wolff Center for Entrepreneurship, which was recently ranked the top undergraduate entrepreneurship program in the country, received the $13 million gift from its namesake foundation — The Cyvia and Melvyn Wolff Family Foundation — […]
The case for growth centers: How to spread tech innovation across America
he future of America’s economy lies in its high-tech innovation sector, but it is now clear that same sector is widening the nation’s regional divides—a fact that became starkly apparent with the 2016 presidential election. Based on “winner-take-most” network economies, the innovation sector has generated significant technology gains and wealth but has also helped spawn […]
Toronto Innovation Acceleration Partners (TIAP) adds novel KRAS oncology project to its LAB150 portfolio
The low survival rates of three of the four most lethal cancers in North America – pancreatic, colorectal and lung – are associated with KRAS mutations, a well-established cancer driver. Although there is an urgent need for KRAS-targeting therapeutics, so far there has been a lack of clinically available drugs as oncogenic KRAS is very […]