Fragile X Treatment Under Development Gets $200K From Indiana Venture Fund
An Indiana University-affiliated venture fund has invested $200,000 in Confluence Pharmaceuticals to continue development of the company’s lead product for the treatment of fragile X syndrome. Along with AOP Orphan Pharmaceuticals, Confluence is developing a novel, clinically discovered adult and pediatric therapy for social and communication impairments related to fragile X and autism spectrum disorders. Based on the […]
Jefferson University launches $2M fund for hemp innovation and sustainability
$2 million gift from Australian philanthropist Barry Lambert will spur a new Jefferson Health initiative to promote innovation in the use of industrial hemp. The cannabis crop is on the cusp of a resurgence in the United States as federal restrictions have eased in recent years, paving the way for commercial cultivation for various industries. […]
A quick look at how Series A and seed rounds have ballooned in recent years, fueled by top investors
Wing, an eight-year-old, Silicon Valley venture firm co-founded by veteran VCs Peter Wagner and Gaurav Garg, produces interesting research about its own industry every now and then, based on smaller data sets than firms like PitchBook or CB Insights tend to use. Instead of looking at funding activity broadly, the firm tracks deal-making at the […]
MSU Announces New Student VC Fund, Winners of Inaugural Pitch Contest
Michigan State University students now have an opportunity to dabble in the rollercoaster world of startup funding thanks to a new partnership between Red Cedar Ventures and the Broad College of Business Center for Venture Capital, Private Equity and Entrepreneurial Finance. Launched this week, the Student Venture Capital Fund will invest up to $50,000 per year in early-stage […]
University of Arizona-focused venture fund invests in optics firm
A venture-capital fund dedicated to backing University of Arizona technology spinoff companies has made its sixth investment and the first for its second venture fund. UA Venture Capital Fund has invested an undisclosed amount in EARDG Photonics, Inc., whose technology for “enhanced augmented reality display glasses,” was developed by researchers within the UA College of […]
Lab-to-market study explores success
ANN ARBOR—Universities and federal laboratories are the cornerstones of American innovation, developing new products that address important societal issues and drive economic growth. The University of Michigan, with support from the U.S. Department of Commerce’s National Institute of Standards and Technology, studied public research universities across North America to identify best practices for bringing new […]
Tech industry pushes lawmakers to fully fund program that boosts startups, R&D
Gov. Eric Holcomb’s administration is working in the last days of the legislative session to restore $16 million that the Senate cut from appropriations for the 21 Fund, the state’s primary tool for promoting startups, entrepreneurship and research and development. The Senate version of the two-year, $34.6 billion budget allocates $22 million in 2020 and […]
Microsoft, Intel to partner with Houston on startup accelerator
Microsoft and Intel will partner on a Houston accelerator program for smart cities technology, alongside startup hub Station Houston and manufacturing workspace TXRX Labs, reports the Houston Chronicle. The Ion Smart Cities Accelerator will offer six months of curriculum and another six months of pilot programs for technology ranging from internet of things (IoT) sensors to […]
MIT-Lockheed Martin Seed Fund launches | MIT News
Lockheed Martin and MIT International Science and Technology Initiatives (MISTI) have announced the creation of the MIT-Lockheed Martin Seed Fund to promote early-stage collaborations between MIT faculty and researchers with universities and public research institutions in Israel. The seed fund will also take place in Germany, and additional countries will be considered after the pilot […]
Hartford HealthCare, Trinity, UConn to launch Hartford medtech accelerator
Hartford HealthCare, Trinity College and the UConn School of Business on Wednesday are expected to announce the launch a medical technology and digital health accelerator, which would join insurance and manufacturing startup programs that have launched in the Capital City in the past few years. The partners have chosen London-based Startupbootcamp to operate the new […]