Imperial College London and Central Working provide £250k to six ‘world-saving’ startups
Imperial College ThinkSpace and workspace provider Central Working have awarded a combined £250k to six technology companies as part of the inaugural Scalable Business Awards (SBAs). The startups will receive a year of free White City office space alongside the guidance, business connections and support that comes with Central Working membership. With the capital’s office […]
Translational Research Program to help MIT researchers achieve real-world impact
The Tata Center for Technology and Design has launched a new Translational Research Program to identify and accelerate promising projects into scalable solutions with positive societal impact in the developing world. These solutions may be implemented through newly formed startups, licensing, or open source platforms. The program is being directed by Jason Prapas, who joined […]
U of Toronto accelerator launches stream for space startups with Chris Hadfield at the controls
The Creative Destruction Lab has helped build dozens of futuristic companies over the years – now it’s seeking entrepreneurs whose ideas are literally out of this world. Working closely with former Canadian astronaut Chris Hadfield, the seed-stage accelerator affiliated with the University of Toronto’s Rotman School of Management is launching a dedicated stream for space […]
Early-stage ideas get attention through the ‘gap funding’ phenomenon
A small-but-growing number of corporate researchers eager for access to ideas and products coming out of universities are investing at an earlier stage than before, a Twin Cities consultant says. The effort, known as proof-of-concept funding, provides funds for scholarly research when initial grants run out. It creates more risks for corporate investors but also […]
Startup That Analyzes Bacteria in Feces Gets Backed by UChicago Fund
BiomeSense, a startup developing biosensors that can detect particular kinds of bacteria in patients’ feces that could help improve the efficacy of clinical trials, won the University of Chicago’s Innovation Fund finals and an investment of up to $250,000 from the college. The finals, which took place May 31, featured five startups that presented their […]
Arkansas Healthcare Accelerator Selects Six Startups for 2018 Program
Winrock International, Arkansas Heart Hospital, the University of Arkansas for Medical Sciences (UAMS) and BioVentures today announced the six companies selected to participate in the 2018 Health InnovatAR healthcare accelerator program, which is supported in part through a grant from the Arkansas Economic Development Commission. The selected startups include: Day Zero Diagnostics (Boston, MA); Ejenta (San Francisco, CA); ExplORer Surgical (Chicago, […]
AHA, Philips, UPMC launch $30M venture fund for cardiovascular innovation
The American Heart Association, the University of Pittsburgh Medical Center, and healthcare tech company Royal Philips have partnered to finance a new $30 million venture fund, according to a statement. Called Cardeation Capital, the fund will be managed by Aphelion Capital, a healthcare and medical tech VC firm, and focused on promoting innovative technologies targeting […]
Startup companies speed pitch at Texas A&M’s New Ventures Competition
In 20 minutes, six companies proved their worth to a panel of judges and a collection of investors Thursday at this year’s Texas A&M New Ventures Competition. Ultimately, Alex Wesley’s Arovia took the top prize of $50,000 for the Spontaneous Pop-Up Display or SPUD, the desktop-size collapsible display that uses umbrella technology for portability. With […]
Johns Hopkins startup gets funding from company turning research into businesses
IP Group, which works with a group of universities and government labs including Hopkins, is providing funding to Lorem Therapeutics. The company is led by Barbara Slusher, a Johns Hopkins School of Medicine professor who directs the university’s largest drug discovery program. It’s the first company to receive funding from the company, though the amount was not disclosed. Lorem Therapeutics is focusing on development […]
University of Michigan Vesper Mics Up With $23M From Amazon, American Family, Baidu, Bose
Vesper Technologies, a high-tech microphone startup trying to ride the wave of voice-controlled devices, has summoned a $23 million investment from a group of well-known tech companies, venture capitalists, and an insurance firm. The Series B funding round was led by American Family Ventures, the venture arm of Madison, WI-based American Family Insurance. Other investors in […]