£750,000 seed funding for University of Leeds spin-out | Insider Media Ltd
Two University of Leeds professors, who have developed software that detects subsidence using satellite data, have launched a new spin-out company supported by £750,000 in seed funding. The investment in SatSense has been provided by NPIF – Mercia Equity Finance which is part of the Northern Powerhouse Investment Fund, Unipart Rail and the University of Leeds. […]
TechAdvance® Fund Advances Rutgers Technologies Toward Commercialization with 22 Awards Totaling $1.45M | Office of Research and Economic Development
Created through Rutgers University’s Office of Research and Economic Development (ORED) to advance early stage technologies invented by Rutgers researchers toward commercialization, the TechAdvance® Fund has awarded $1.45 million to 22 researchers to date. Additionally, the first technology funded by the TechAdvance program has been successfully licensed to a third party. Launched in June 2017, […]
MTRAC Innovation Hub awards $177,000 for applied materials projects
A self-cleaning glass mixture and a transparent conductor are two of the latest projects to win financial support from the state of Michigan’s Innovation Hub program. Four inventions from three of Michigan’s public universities will share more than $177,000 in awards bestowed by the Michigan Translational Research and Commercialization’s applied advanced materials projects hub at […]
Pitt startup working to treat carbon monoxide poisoning raises $5 million
A year-old University of Pittsburgh startup company has raised $5 million in Series A funding as it develops an antidote for carbon monoxide poisoning. Tus Science & Technology Service Group of China led the funding round for Globin Solutions Inc. with participation from UPMC Enterprises, the commercialization arm of the Downtown-based hospital and health insurance […]
Ben-Gurion U. announces first Israel entrepreneurship fund of $1 million
Ben-Gurion University of the Negev (BGU) President Prof. Rivka Carmi has announced a $1 million BGU Entrepreneurship Fund (BEF), the first of its type established by an Israeli university. The student-led fund will provide students and recent graduates with micro-grants to jump-start innovative technologies and concepts. The Fund was announced at the SilicoNegevBGU conference, the […]
Carnegie Mellon and Innovation Works hold ‘venture fair’ for Pittsburgh AI and robotics startups
Pittsburgh’s robotics and artificial intelligence sectors are gaining more attention than ever before, thanks to continued interest from tech giants like Facebookand Google, which opened offices there, as well as local university Carnegie Mellon’s recent announcement that it will be offering the nation’s first undergraduate degree in artificial intelligence. But startups in the area still face the same challenges […]
Alumni Association invests in Penn State-related startups
The Penn State Alumni Association will invest in the future of Penn State entrepreneurs and technology startups — including those launched by Penn State alumni, students and faculty — through a $500,000 commitment to 1855 Capital. The $10 million-plus 1855 Capital Fund provides seed and early-stage venture capital to Penn State affiliated startups. It develops […]
AZBio initiative aims to cure funding gap that ails Arizona
Trying to build on Arizona’s significant investments in the life science discovery and healthcare delivery infrastructure, the state’s leaders are focused on bridging the funding gap that slows the growth of Arizona-based life science companies. Leaders of Arizona’s life science sector share a drive to accomplish a common goal: accelerate the growth of local companies […]
Cisco eyes early-stage startups with new venture fund
Cisco Systems Inc., one of the most prolific corporate acquirers of startups, is starting up a new venture fund that will run independently from the parent company, people familiar with the matter say. The Silicon Valley company, which historically has invested from its cash reserves, plans to be the anchor limited-partner investor in the new […]
Purdue University Foundry invests over $500K to university start ups
More than $500,000 was awarded to 11 Purdue University startups to aide in their advancement, ranging from networking apps to appliances that grow produce. The Elevate Purdue Foundry Fund provides money for Purdue-affiliated startups with pre-seed, seed and early stage investment and co-investment programs. Since the program’s beginning in 2014, the fund has committed to invest $2.5 […]