Lockheed venture arm spreads its wings overseas
Lockheed Martin’s venture capital arm focused on emerging technologies has made its first investment outside the United States in Main Sequence Ventures, itself another emerging technology investment fund that is just a year old. Australia-based Main Sequence Ventures said Wednesday it closed an almost $232 million fund with Lockheed Martin Ventures among several backers that […]
Cigna Venture Fund for Healthcare Startup Growth
Bloomfield health insurer Cigna announced Wednesday it has committed $250 million to a corporate venture fund meant to spur healthcare startup growth. Named Cigna Ventures, the fund is aimed at investing in new, innovative healthcare companies focused on improving care quality, affordability, choice and more. Cigna said it will use the venture fund to identify early stage […]
UM System launches accelerator program to foster, fund student business ideas
Student entrepreneurs in the University of Missouri System could earn up to $30,000 in prize money thanks to a new systemwide initiative known as the Entrepreneur Quest Student Accelerator. The program, which UM System President Mun Choi announced Friday in his State of the University Address from Columbia, involves the University of Missouri–St. Louis and the system’s other three campuses. […]
Israel-Colorado Innovation Fund invests in startup
The Israel-Colorado Innovation Fund has made an investment in the Israeli startup Kando. Kando monitors wastewater in real-time through a cloud-based software solution that tracks and monitors key wastewater quality parameters, making it ideal for wastewater utilities to gain insight into their system dynamics. While owning a building seems like something every successful business should […]
VC fund for food-tech in Israel signs Cornell partnership
Medstrada, a new venture capital fund focused exclusively on food technology, was opened in Tel Aviv by former senior Pitango Venture Capital life sciences partner Ruti Alon. UNCOVER ISRAEL – Get the ISRAEL21c Weekly Edition free by email Sign Up Now! The fund is still raising capital but has announced its first cooperation agreement with […]
SMU venture fund invests in travel company
Associates with the Saint Mary’s University Venture-Grade fund made their first investment on Tuesday, and they’re just getting started. “Students don’t just learn on paper,” says John Yu, 23. “Students learn by doing.” Yu, along with others taking part in the university’s student-raised venture capital investment, gathered at Volta Labs’ new offices inside the Maritime […]
Cambridge Innovation Capital leads AudioTelligence’s seed funding
Cambridge Innovation Capital plc (CIC), a Cambridge-based builder of technology and healthcare companies, has led a £3.1 million seed funding round into AudioTelligence Limited, a company delivering real-time audio processing technology for the enhancement of Automatic Speech Recognition (ASR) systems. Cambridge Enterprise, the commercialisation arm of the University of Cambridge, and two Cambridge-based business angels […]
New £400,000 program to support data-driven biomedical start-ups
Innovate UK is investing £400,000 to launch KQ Labs, an accelerator programme at the Francis Crick Institute to support start-ups working at the interface between biomedical and data science. The programme will be run by the Crick with Innovate UK funding, taking advantage of the Crick’s excellence in biomedical science and collaborations with other scientific […]
Twelve Academic Technologies Selected for Science Center Proof-of-Concept Program
Twelve promising technologies developed at nine academic institutions across the tristate region have been selected as finalists for the University City Science Center’s QED Program. QED is designed to bridge the gap between academic research and product commercialization. Researchers from the Children’s Hospital of Philadelphia; Harrisburg University of Science and Technology; New Jersey Institute of Technology; Penn State College […]
DexCom’s Acquisition of TypeZero Technologies Marks First Exit For University of Virginia Licensing & Ventures Group Seed Fund
The University of Virginia Licensing & Ventures Group (UVA LVG) Seed Fund has exited from TypeZero Technologies, Inc. following the recent announcement of DexCom, Inc.’s acquisition of the company. DexCom, a publicly traded company, headquartered in San Diego, Calif., is the leader in continuous glucose monitoring for people with diabetes. TypeZero’s products include software for […]