Harvard’s Wyss Institute receives $131M gift from founder
The Wyss Institute for Biologically Inspired Engineering at Harvard University last week said it received a donation of $131 million, the latest gift from its founding entrepreneur and namesake, Hansjörg Wyss. Wyss Institute researchers have drawn on design principles from nature to solve some of the world’s most complex challenges in healthcare and the environment. […]
UVA LVG Venture Fund participates in a $15.9M round for prescription decision support startup
RxRevu, a Denver, Colorado-based company focused on prescription decision support, has wrapped up a $15.9 million Series A funding round. Colorado-based health system UCHealth led the round. Participation also came from the University of Virginia LVG Venture Fund, Presbyterian Healthcare Services (NM), Inception Health/Froedtert Health, Children’s Hospital Colorado, UnityPoint Health, JAZZ Venture Partners and other existing investors. Founded in […]
Columbia University, Deerfield Management ink $130M drug-development alliance
Columbia University and health care–investment firm Deerfield Management announced Wednesday that they have formed a research and development alliance to advance the translation of biomedical discoveries into therapeutics, particularly in areas of high unmet need and rare diseases. Through the partners’ new company, Hudson Heights Innovation, up to $130 million of initial funding will be available throughout 10 […]
U Virginia Darden School Announces Ventures Selected for 20th Annual Summer Incubator Program
The University of Virginia Darden School of Business welcomed 20 venture teams to the 2019 i.Lab Incubator program, which has been in operation for 20 years. This year’s companies are developing products and services ranging from French crepes to designer Italian clothing to virtual reality exoskeletons. The cohort includes 13 ventures founded by UVA students, representing six schools including […]
3 TMCx companies have raised funds while completing the Houston accelerator
According to the CDCThe Texas Medical Center’s accelerator program is wrapping up its Digital Health cohort this week with the culmination of its TMCx Demo Day, and, while all of the companies have something to celebrate, three have announced that they are leaving the program with fresh funds. Meru, Roundtrip, and Sani Nudge have raised over $10 million between the […]
Hey innovative industry + smart investors looking for future tech/startups…start with university gap funds and accelerators!
The lack of true early-stage capital and innovation developmental support is a major challenge in advancing promising university technology from the lab to commercial and investment partners. Research institutions are leading through the implementation of university gap funding (proof of concept, startup, venture) and accelerator programs to bridge this “valley of death”. Over the past 15 years, these programs have […]
University at Buffalo launches Innovation Hub
New York State and the University at Buffalo recently announced the official launch of the Innovation Hub, designed to help connect ideas to action and move research from the lab to the marketplace, at an event held on the Buffalo Niagara Medical Campus. The Innovation Hub is funded through a $32 million Buffalo Billion II […]
Four startups advance through investments totaling $80,000 from Elevate Purdue Foundry Fund
Elevate Purdue Foundry Fund has announced that it has awarded a total of $80,000 in investment funding to four Purdue University-affiliated startups. The four startups, representing sectors from cybersecurity to agriculture, were selected to receive tier-one “Black Award” investments of $20,000 each. The startups are Covert Defenses, BDYWR, Rogo Ag LLC and C2 Medical Robotics Inc. Covert Defenses […]
Chicago companies are attracting major venture funding
The University of Chicago has secured $75 million in grant funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced May 28 and financed by Pritzker Foundation. According to its Crunchbase profile, “The University of Chicago is not only a university in Chicago, Illinois, but also a university for Chicago. In […]
Advice for Entrepreneurs from a Leading Venture Capitalist
Scott Kupor, managing partner at Andreessen Horowitz, says there’s a lot about navigating the venture capital world that entrepreneurs don’t understand. Some can’t figure out how to get in the door. Others fail to deliver persuasive pitches. Many don’t know how the deals and relationships really work. Kupor outlines what he and his partners look for […]