Deerfield, University of Illinois team up on $65M translational research deal
Deerfield Management and the University of Illinois at Chicago are joining forces to speed up the path to the clinic—and eventually to market—for new drugs discovered at the university. The pair is setting up a company called West Loop Innovation with up to $65 million in funding from Deerfield. In addition to the $65 million, which is […]
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 […]
UA Startup to Bring Holographic Video Glasses Into View
Researchers at the University of Arizona College of Optical Sciences have developed a new breed of augmented reality display that is capturing high-tech imaginations. Inventor and professor Nasser Peyghambarian, Ph.D., has been working on video holograms for over two decades. Today’s popular virtual reality technology uses goggles that completely block out the outside world. In contrast, augmented reality […]
University of Cambridge-Backed €175M Fund to Supercharge Local Life Sciences Ecosystem
The money will support the 25 companies in the fund’s portfolio, including the biotech Bicycle Therapeutics, whose peptide-toxin molecules are in clinical trials for the treatment of solid tumors. The money will also fund new enterprises in the Cambridge ecosystem. Further details about the funding were not disclosed. This is the third fundraising round by Cambridge […]
15 Key Questions Venture Capitalists Will Ask Before Investing In Your Startup
Venture capitalists make decisions constantly about whether or not to invest in various startups. The majority of the time, the answer is no. There can be many reasons for this decision, including that the startup is not within the firm’s focus or stage of desired investment. But assuming the company is within the investment parameters of the fund, […]
IllinoisVENTURES funds startups across University system
Tom Parkinson was looking for an opportunity to work with tech-based startups in a research university setting. He found IllinoisVENTURES and became the senior director of the program. IllinoisVENTURES is a capital firm devoted to assisting entrepreneurs, including faculty, students and alumni from the three campuses of the University of Illinois System. “We provide startup and […]