Cambridge faculty launch £100m science & technology fund with more cash to come
A $10 million investment in genetics business Cambridge Epigenetix has christened a sensational new $100m fund founded by an octet of Cambridge Dontrepreneurs – university scientists backing world-leading pioneers in technologies ranging from Artificial Intelligence to brain research and genetics. Cambridge Epigenetix was founded by Sir Shankar Balasubramanian, one of the new Ahren fund’s superstar […]
UNM tech spinoff attracts $1.5M investment, backed by the State’s Catalyst Fund
A new cell screening and analysis technology that accelerates tissue-processing rates by up to 100-fold is nearing market, boosted by a $1.5 million venture investment in local startup BennuBio. The company is commercializing a University of New Mexico breakthrough in flow-through cytometers, or cell meters, which are used to rapidly analyze millions, and often billions […]
Malaysia’s Cradle Fund attracted $10m seed funding in the past 9 years
The Malaysian government-linked early-stage investment fund, Cradle Fund Sdn Bhd, has attracted an additional RM41 million ($9.9 million) seed funding or commercialisation funding from external investors – both local and foreign – from 2008 to 2016 for its CIP Catalyst programme. CIP Catalyst was launched in 2008 with up to RM150,000 ($36,372) financing to fund […]
Alumni gifts to expand entrepreneurship at Loyola
In late July, Loyola received two gifts from alumni totaling more than $1.46 million. The gifts came from Nick Simon ’84, and the Frank family (George Frank ’50 and Tim Frank ’85) with the intention to further expand entrepreneurship at Loyola. Simon has more than 30 years of operating and investment experience in the biopharmaceutical industry, including at Genentech, […]
University of Arkansas Chancellor’s Fund Recipients Announced
Ten research projects involving more than 30 University of Arkansas faculty have been awarded grants from the Chancellor’s Discovery, Creativity, Innovation and Collaboration Fund. The Chancellor’s Fund was established in 2016 to promote faculty research that addresses several of the U of A’s guiding priorities: to enhance the university’s research and discovery mission; build a […]
Taking Startups to the Next Level: TransUnion Partners with University of Chicago’s Polsky Center
A new partnership between TransUnion (NYSE:TRU) and the University of Chicago’s Polsky Center for Innovation and Entrepreneurship will take startups to the next level with the use of cutting-edge data assets. The program supports entrepreneurial innovation and provides University of Chicago students with access to TransUnion’s Startup Credit Kit, a suite of innovative solutions to support […]
Oklahoma Catalyst Program teaches graduate students about integrating business, science
An Oklahoma Catalyst Program taught 29 graduate students from OU, OU Health Sciences Center, Oklahoma State University and the University of Tulsa how to launch a business over the summer, according to a press release from OU research. The Oklahoma Catalyst Programs are an office of the Tom Love Innovation Hub, which held the program. […]
Test drive your idea at the StartUP FIU’s Proof of Concept Studio
The new StartUP FIU Proof of Concept Studio is helping entrepreneurs save time and money by test driving their ideas before they develop products or launch their businesses. “At the Proof of Concept Studio, we are validating ideas and helping entrepreneurs draw conclusions about the attractiveness of their opportunities in the market,” said StartUP FIU Director Bob […]
CIT GAP Funds Invests in Embody
Herndon, Virginia, Aug. 28, 2018 (GLOBE NEWSWIRE) — The Center for Innovative Technology (CIT) announced today that CIT GAP Funds has invested in Embody, a Norfolk, Virginia based medical device company developing collagen-based products for the treatment of tendon and ligament injuries. The 757 Angels led this investment in Embody’s convertible debt round, alongside CIT and individual investors. […]
Foxconn Creates $100M Venture Fund
Foxconn Technology Group continues to make its presence felt in the Wisconsin business community. The latest move: The Taiwanese contract manufacturer is forming a $100 million early-stage venture capital fund with three of the Badger State’s leading companies and organizations. Advocate Aurora Health, Northwestern Mutual, Johnson Controls, and Foxconn will each contribute $25 million to the fund, […]