Author: innovosource

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 […]

University of Alabama aligns inventor resources, collaboration with business incubator 

The robust push by the University of Alabama to promote entrepreneurship both on campus and throughout the region is increasing with an alignment of resources to better support innovators. The Bama Technology Incubator, which includes on-campus laboratories and additional support for startup companies, recently changed its name to EDGE Labs and serves as the strategic counterpart to The EDGE, a […]

Purdue Foundry unveils first DDX cohort 

WEST LAFAYETTE, Ind. – World changing. High growth. The Purdue Foundry has unveiled its first cohort for the Double Down Experiment (DDX), which includes nine businesses ready to reach the next level with technologies designed to advance the world. The nine businesses were selected by the Purdue Foundry staff from among the 253 companies the organization has […]

UW’s Fisher Innovation Launchpad Announces 10 Finalists

Ten innovative businesses — that range from a company that has created a digital assistant to track workouts and diet, to a virtual reality system to help children learn music instruments — are finalists in a University of Wyoming entrepreneurship competition. The finalists are UW graduate and undergraduate students, alumni and faculty who will compete […]

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 […]