Reps call for $10 Billion Investment in Biomedical Research
Washington, DC – U.S. Representative Mike Levin (D-CA) introduced the Biomedical Innovation Expansion Act of 2019 with Representatives Mikie Sherrill (NJ-11) and Abigail Spanberger (D-VA) to invest $10 billion over the next ten years in the National Institutes of Health (NIH) to provide support for scientific research related to antibiotic resistance and rare diseases. The Biomedical Innovation Expansion […]
Boeing and ATI launch UK startup accelerator
The first round of the programme will be three months long and seeks world-class startups creating Industry 4.0 and sustainability enabling technologies with the potential to bolster the growth and competitiveness of the UK aerospace industry. Startups that are selected for funding will receive up to £100,000. “Through this partnership Boeing and ATI are accelerating […]
Cascade Seed Fund raising sixth fund to invest in more Pacific Northwest startups
Early-stage entrepreneurs in Oregon and the Pacific Northwest have a new source of funding available. Cascade Angels Fund today announced that it is rebranding as Cascade Seed Fund, which just raised $5.4 million for an initial close of its sixth fund. The Bend, Ore.-based firm aims to make an average investment of $250,000 in young tech […]
University of Arizona venture fund backs local laser startups
UAVC, the University of Arizona’s in-house venture capital fund, has invested in three new laser companies recently spun out of the Tucson institution. Between them the three companies to win backing – DeUVe Photonics, CThru Lasers, and Wavelength Unlimited Technologies – are looking to cover almost the entire breadth of the optical spectrum. DeUVe is […]
Partners pours $80M into investment funds for digital tech, AI, life sciences
Partners HealthCare has created two new investment funds to support innovation in the realms of artificial intelligence, digital technology and pre-clinical life sciences, the Boston-based health system announced Oct. 21. The Artificial Intelligence and Digital Translation Fund boasts initial funding of $30 million over five years. It will be used to back Partners’ active vendor […]
U-M creates investment fund to fill gap for early-stage capital for university startups
U-M Tech Transfer, the unit responsible for commercializing University of Michigan research discoveries and innovations, will create the Accelerate Blue Fund to provide seed capital to nascent U-M startup companies. Creation of the fund was approved Oct. 17 by the U-M Board of Regents. “There are enormous benefits to the university and our region in […]
University City Science Center Launch Lane accelerator is now accepting apps for its inaugural cohort
Looking to grow or scale your tech-focused startup? Applications for the Launch Lane accelerator, created by the University City Science Center, are open now through November. Benefits will include an up-to-$50,000 investment, operational support to help transition from R&D to sales, space to work at ic@3401 for a full year, access to mentors and advisors, introductions to investors and other relational […]
Biomedical startups seek funding at Lundquist Institute’s 6th annual Innovation Showcase
A gene therapy that relieves pain; a device to diagnose ear infections in children; a virtual reality microscope that allows doctors to see 95% more of a cancer cell. These are just some of the state-of-the-art medical advances, currently under development, that were featured by 24 startup companies this week at the sixth annual Innovation Showcase, […]
NC Biotech Center awards $1.4M in grants, loans; portfolio startups raise $16.5M
The North Carolina Biotechnology Center awarded 18 grants and loans totaling nearly $1.4 million to bioscience companies, universities and non-profit organizations in the first quarter of its 2019-20 fiscal year. The awards, made from July 1 to Sept. 30, will support life science research and technology commercialization throughout North Carolina and help companies attract follow-on funding from […]
Yeshiva University’s Innovation Lab Launches 2nd Cohort With 11 Israeli Startups
Yeshiva University, the private, modern Orthodox research university based in New York City, launched the second cohort of its Innovation Lab last week, in partnership with Gvahim, the Israeli NGO that helps new immigrants to Israel with business and career goals, Cactus Capital, the first student-run university venture capital firm in Israel, and Yazamut 360°, […]