U Michigan chip design startup raises $6 million in venture funding
Movellus Inc., a University of Michigan startup, has secured $6 million in Series A venture funding for a total of $10 million so far. The company provides technology that helps accelerate and optimize semiconductor chip design. Its applications include cloud computing, the Internet of Things and artificial intelligence. The $6 million in funding was led […]
New Velocity venture fund invests $200,000 in four startups
The University of Waterloo’s entrepreneurship program, Velocity, has announced direct equity investments of $50,000 each for the four winners of the annual Velocity Fund Finals (VFF). This is the first time that Velocity has made direct equity investments. The original prizes were a $25,000 grant, however, the entrepreneurship program has doubled the prize values and transformed the […]
UT Health San Antonio Plans New Accelerator for Faculty Research
The University of Texas Health Science Center at San Antonio is starting an internal accelerator program for inventors who work at the institution, with the goal of picking a first group of five to eight prospective entrepreneurs around May. The accelerator, which UT Health is calling TechNovum, will run its first program from June through […]
Entrepreneurs capture funding, support in new venture competitions at Tufts UniversityNow
MEDFORD/SOMERVILLE, Mass. (April 16, 2019)—Five new ventures, including a noninvasive alternative to traditional methods of spay and neuter and a “hard” kombucha, took home top prizes at Tufts University’s annual entrepreneurship competitions: the 15th annual $100k New Ventures Competition and the Tufts Food and Entrepreneurship Competition. Twenty-six finalist teams, comprised of undergraduate and graduate students, alumni, faculty, and staff […]
MSU launches Student Venture Capital Fund within Broad College of Business
A new partnership between Red Cedar Ventures — the wholly owned venture investment subsidiary of the Michigan State University Foundation — and the Center for Venture Capital, Private Equity and Entrepreneurial Finance, or CVCPEEF, is now delivering venture funding experiences directly into the classroom. Launched in Spring 2019, students taking Entrepreneurial Finance will get a taste of the […]
ASU launches new accelerator
Arizona State University and SparkLabs Group, a network of accelerators and venture capital funds, has launched a new startup accelerator program for students and alumni. SparkLabs Frontier-ASU will provide training, mentors and investment funding for participants in the university’s schools and programs, including the engineering, business and global management schools. “SparkLabs Frontier-ASU’s mission is to identify, […]
[Recommended Watch for Our Community] ‘The Inventor: Out for Blood in Silicon Valley
I like movies. Especially those that take you on a rollercoaster that leaves you walking away with a mixed bag of unresolved thoughts/feelings/ideas. Movies that make you think. I highly recommended cautionary documentary and the rise and fall of Theranos. Theranos was an extreme case of potential fraud, patient abuse, and it seems like a […]
What Makes a Successful Startup Team
When venture capital investors are doing due diligence, they focus carefully on the financial side of the business. Does the company have an interesting business model? How big is the addressable market? What are the growth plans of the company? They hire expensive experts and use advanced data tools to answer these questions and ensure […]
True Blue Fund will support early-stage startups at U of Toronto
Entrepreneurs and their early-stage startups at the University of Toronto will soon have access to a new financial support fund worth up to $5 million. Called the True Blue Fund, the new program announced today provides philanthropists a way to support U of T’s entrepreneurship and innovation activities. The university is committing $2.5 million to match donations to […]
3 things we learned mapping Baltimore’s startup ecosystem–Universities are central
Even in a midsized city such as Baltimore, there are hundreds of resources available to help entrepreneurs grow their startups, small businesses, and nonprofits. From accelerators to mentorship programs, these resources are offered by universities, government agencies, nonprofits, and other local companies to help strengthen and grow the city’s entrepreneurial ecosystem. Knowing what resources are […]