Mayo Clinic selects digital health startups for accelerator program
Minnesota-based health system Mayo Clinic selected six auspicious digital health startups for its MedTech Accelerator — a joint venture with Arizona State University for companies that raised at least$500,000 in seed funding rounds. Business Insider Intelligence The accelerator aids early stage medical device and healthcare tech startups raring to polish their products and bring them to commercial success. […]
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 […]
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 […]
State Launches Hawai’i-Based Aquaculture Accelerator & Fund
The Big Island of Hawai‘i will be the home to a new aquaculture accelerator that aims to attract startups that focus on sustainable solutions for the aquaculture industry. Solutions include innovative feed solutions, breakthrough technology in animal health, and farm and water management. The new accelerator and its associated investment fund were established by the Natural […]
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 […]