UChicago food allergy startup ClostraBio raises $3.5 million
Prof. Cathryn Nagler had been researching the physiological origins of food allergy and potential treatments for over 30 years, but she hadn’t considered the possibility of translating that research into a business. But just 15 months after considering that possibility and beginning her entrepreneurial career, she is the founder of a promising, emerging venture. Nagler’s new […]
Enterprise Ireland reveals first start-up fund of 2018, worth €750,000
The first Enterprise Ireland CSF for 2018 is an all-sector affair. Up to 15 start-ups will be eligible for up to €50,000 in equity funding as part of the first Enterprise Ireland Competitive Start Fund (CSF) call for 2018. The purpose of the CSF is to accelerate the growth of start-up companies that have the […]
Comcast Is Now Taking Applications for Its New Startup Accelerator
Comcast announced this week that it’s now officially taking applications for seats in its LIFT Labs accelerator. Techstars will run the program at the new Comcast Technology Center, which was topped off last month. As we reported last year, the 12-week LIFT Labs’ accelerator program is designed to support media, entertainment and connectivity startups. Techstars says that companies focused on IoT/connected […]
Hyundai Motor Builds Global New Venture Capital Investment System
The Hyundai Motor Group will set up an open innovation center in Beijing, China and Berlin, Germany within year. Including those in Korea, Silicon Valley in the United States and Tel Aviv in Israel, a total of five advanced bases will be built to absorb excellent ideas from start-ups. “We will strengthen the efficiency of […]
New Stamford program aims to accelerate startups’ growth
After making major progress last year, southwestern Connecticut’s newest business accelerator is aiming to maintain its momentum in 2018. Focused on enterprise-oriented startups, TechXel graduated last month its first group of businesses. Its founders say the early feedback from participants, mentors and speakers suggests that the initiative has established a promising model for helping entrepreneurs […]
IBM, Comcast Back New Blockchain Startup Fund
Tech giant IBM and the venture arm of telecoms conglomerate Comcast are backing an investment fund focused on scaling early stage startups that help enterprises use blockchain technology. MState, a startup accelerator, aims to invest in blockchain startups globally and ultimately connect them with Fortune 500 customers, co-founder Rob Bailey told Bloomberg. The accelerator is seeking to […]
Virginia Tech awarded $1.1 million grant from the Virginia Research Investment Fund
Gov. Terry McAuliffe announced on Monday, Jan. 9, a $1.1 million grant from the Virginia Research Investment Committee (VRIC). The grant was awarded to a Virginia Tech research team, which collaborated with a University of Virginia research team and private company VoltMed Inc. to complete the project, according to the application for funding submitted by […]
Startup Health lands $19.3 million in funds to help startups
StartUp Health, a digital health group that supports, connects and finances startups, just landed $19.3 million from Ping An Global Voyager Fund, GuideWell, Masimo Corporation, and a consortium of partners through its Transformer Fund II. “This [funding] is a really good opportunity to focus on health innovation globally—not just looking at the hubs here in […]
[COA Member] Pre-accelerator offers way to help Puerto Rico-based young entrepreneurs
To help combat a mass exodus of young professionals from Puerto Rico, a pre-accelerator is offering a program for local entrepreneurs. Pre18 is offering a way to boost those in the early stages of establishing a company, granting them $20,000 plus support and training. Pre18 is looking for 20 startups in Puerto Rico with innovative business […]
Academic-commercial collaborations see huge rate of Startup success in Ireland
More than 80 percent of collaborations between commercial and academic institutions since 2013 have resulted in successful startups, a report by Knowledge Transfer Ireland has found. The report also shows 26 new products and services have launched in 2016 from fully active and operating spin-outs. Spin-outs are companies that are based on ideas and products developed […]