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 […]
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 […]
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, […]