Pitt professors pursue new projects with Pitt Seed grants
Pitt is investing in change this summer, beginning with projects from professors at the University. The first-ever Pitt Seed Project awarded a total of more than $1 million to 23 programs designed to play an instrumental role in transforming the University. The grants will fund a wide range of faculty-proposed studies, community partnerships and workshops, […]
Ithaca-based Cayuga Venture Fund sets $100 million goal–ties to Cornell
In an effort to emphasize investing early with founders and entrepreneurs at companies across various sectors and supporting them through their life cycle, Cayuga Venture Fund is launching a new fund with a target size of $100 million. The Tompkins County-based Cayuga Venture Fund will rely on the region’s highly educated population and higher education […]
Iowa State University Startup Factory continues to grow, announces two new cohorts
The ISU Startup Factory, a 52-week program housed at the Iowa State University Research Park, recently announced two new cohorts. The first of the two announcements will be the fifth cohort of the main program that takes place in Ames. The other will take place in Austin, Minnesota and will be the second cohort of ISU Startup […]
UT Horizon Fund participates as Cerebri AI raises $5M in funding
Cerebri AI, an Austin startup that uses AI to improve customer service, just announced a major round of funding — a $5 million Series A led by Microsoft’s venture fund, M12. With the fresh funds, the company plans to expand its operations and support the release of its new Cerebri Values product, which “quantifies each customer’s […]
ATAMI Launching pad: Expansion boosts Oregon State U incubator for high-tech mfg startups
The Advanced Technology and Manufacturing Institute is primarily a research facility, but for the moment the people in lab coats may be outnumbered by the people in hard hats and safety vests. A major expansion is underway at ATAMI, an academic-industrial research center and business incubator run by Oregon State University and housed in an […]
Largest Startup Class Yet Enters UC Berkeley’s Expanding Accelerator
More than a hundred startup teams are beginning a training and mentoring program this month at the Berkeley SkyDeck Accelerator—the largest group ever accepted to the UC Berkeley program since it was founded in 2012. Aside from the funding, free office rent, and other resources offered by the startup accelerator located near the edge of the Berkeley […]
Penn invests $50 million in biotech in a bold bid to build Philly’s innovation cluster
Without fanfare, the University of Pennsylvania has agreed to invest up to $50 million over the next three years in at least 10 biotech companies, the Inquirer has learned. The goal of the pilot program is to convince more local Ph.D.s and M.D.s to establish their companies near the school’s West Philadelphia campus, instead of moving to […]
University of Michigan’s Zell Lurie Commercialization Fund Invests in Neurable
The Zell Lurie Commercialization Fund (ZLCF) – one of five student-led funds at the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies – announced that it has participated in the Series A round of breakthrough brain-computer interface (BCI) technology startup and University of Michigan spinout, Neurable. The ZLCF’s investment will support Neurable’s continued growth in the virtual reality and augmented […]
Trolley Venture Partners raises $4 million to invest in central Virginia startup companies
A new investment fund has been created to provide financial backing for early stage business ventures in central Virginia. Trolley Ventures said it has closed an initial fundraising round with $4 million raised. The partnership plans to immediately start making investments in promising, early stage companies in the region. “There is no shortage of companies […]
Oracle selects 5 startups for Israel accelerator program
Oracle today announced the second cohort of startups for the company’s six-month Oracle Startup Cloud Accelerator program in Tel Aviv. Oracle’s Startup Cloud Accelerator provides enriching, collaborative partnerships to enable next-generation growth and drive cloud-based innovation for startups throughout their journey. Managed by members of Oracle’s R&D team, the Oracle Startup Cloud Accelerator provides mentoring […]