$15 million gift to expand Blavatnik Fund for innovation in life sciences
Yale University has received a $15 million grant from the Blavatnik Family Foundation, headed by American industrialist and philanthropist Len Blavatnik, to expand the Blavatnik Fund for Innovation at Yale. First established in 2016 with a grant of $10 million, the Blavatnik Fund advances entrepreneurship in the life sciences at Yale and expedites the development, […]
Healthcare investor 7wiresVentures closes $100M for startup fund, forms coalition
As technology increases in the healthcare arena more and more venture firms are turning their attention to digital health. Healthcare focused venture firm 7wireVentures has recently closed on a $100 million fund and formed a coalition with eight major healthcare organizations including several large health systems and insurers. The 7wire Connected Consumer Health Fund has […]
ISA and Tel Aviv University Ventures launch startup accelerator
The Israel Security Authority (ISA) (Shin Bet) and venture capital fund TAU Ventures, founded by Tel Aviv University, have announced the launching of a startup accelerator in Israel. The first class will focus on early-stage entrepreneurs working in artificial intelligence (AI), primarily natural-language processing (NLP) technologies, robotics, and data science. The program, which will be […]
University of Texas Genesis Fund for Student Startups Raises $1M-Plus
Finding funding is one of the hardest things for first-time entrepreneurs at any stage of life. But doing it while you’re in college and before you’ve made a lot of connections in the startup ecosystem is even harder. Now, student founders at The University of Texas in Austin have a new opportunity to get a […]
New seed fund to advance commercialization at University of Utah
The Center for Technology & Venture Commercialization at the University of Utah announced a new funding program for early stage technology development and commercialization. The University of Utah Seed Fund will allocate up to $1 million to help university researchers develop promising technologies, enable commercialization and attract additional funding sources. The fund will be focused […]
Invent Penn State’s Venture & IP Conference showcases disruptive innovations
Following an extraordinary debut in 2016, this year’s Invent Penn State Venture & IP Conference, held April 19-20 at the Penn State Hotel and Conference Center, attracted more than 600 participants, including 80 startup companies and more than 40 venture capitalists and industry advisers — all working together to drive innovation, foster collaboration and enable startup […]
$115,000 funding awarded to Purdue researchers, advance innovations to commercialization
Four Purdue University researchers will share nearly $115,000 in funding from the Trask Innovation Fund to further develop their innovations and move life-changing technologies through the commercialization pipeline. Twice annually the Trask Innovation Fund awards funds through an endowed development program that assists faculty and staff whose discoveries are being commercialized through the Purdue Research Foundation’s Office of Technology Commercialization. […]
Fresh $668 million Foresite Capital biotech venture fund aims to quench hunger for data, target university startups
A San Francisco venture capital firm backing data-intensive approaches to developing new drugs has raised a $668 million fund that it looks to turn loose on new ways to marry data and biology to bring therapies to market faster. Foresite Capital, whose recent investments include the machine learning drug development company Insitro, recent IPO Arcus […]
Massachusetts Institute of Technology (MIT) establishes MIT-Azerbaijan Fund to support young entrepreneurs and startup ecosystem development in Azerbaijan
SOCAR AQS has signed theagreement with the Massachusetts Institute of Technology (MIT), one of the top universities in the world, for establishment of the MIT – Azerbaijan Fund. The MIT- Azerbaijan Fundwill support the new MIT–Azerbaijan Global Startup Labs initiative to be administered by the MIT International Science and Technology Initiatives (MISTI) Program. The agreement […]
AbbVie and Rice University establish K.C. Nicolaou Research Accelerator to advance oncology therapies
AbbVie, a research-based global biopharmaceutical company, and Rice University today announced they have entered into a joint research collaboration to establish the K.C. Nicolaou Research Accelerator. The research at the Accelerator will focus on synthesizing novel cytotoxic agents for use in the fight against cancer. The collaboration will complement AbbVie’s existing expertise in oncology discovery and early […]