Florida talks a technology game but fails to fund it
The impact of Gov. Rick Scott’s veto of a line-item in the state budget last month is already rippling through the South Florida tech community. The Florida Institute for the Commercialization of Public Research was slated to receive $5.5 million to provide seed funding to startups. That was one of the $409 million in local […]
Samsung to back European start-ups with $150 million investment fund
Samsung‘s venture capital arm announced Wednesday it is expanding into Europe to invest in the continent’s start-up scene. Samsung NEXT will use a $150 million global fund raised in January to target early stage start-ups in Europe for investment or acquisition, focusing on tech companies working on artificial intelligence, the internet of things, augmented reality […]
NC State is Bridging the Funding Gap from Research to Commercialization; invests in five new projects
Five promising North Carolina State University projects will receive support from the Chancellor’s Innovation Fund (CIF), which helps NC State researchers move their inventions into the marketplace. “NC State is establishing itself as a leader in technology commercialization,” says Kelly Sexton, assistant vice chancellor for NC State’s Office of Technology Commercialization and New Ventures. “This […]
Maine Technology Institute awards $695K, leveraging nearly $1M for recipients
The Maine Technology Institute approved 31 awards totaling almost $695,000 from across its suite of funding programs, leveraging an additional $960,815 in matching funds from the organizations. The investments will support innovative projects in nearly half of Maine’s 16 counties and in six of the state’s seven targeted technology sectors. Awards from this round include […]
Utah USTAR awards grants to Utah companies and university researchers
USTAR awarded seven Technology Acceleration Program grants and seven University Technology Acceleration Grants in its latest round of funding. “This round of cutting-edge technologies has potential to translate into improved monitoring systems and methods to test and validate drug and device therapies,” said Ivy Estabrooke, Ph.D., USTAR executive director. “Awardee projects span long-range wireless telemetry […]
UC Davis innovators receive $328K in grants to advance research
UC Davis announced last week the recipients of nine proof-of-concept grants totaling $328,000 for campus innovators to advance their research and technologies toward commercialization. These grants and the associated review process are managed by UCD Venture Catalyst through the Science Translation and Innovative Research, or STAIR, grant program, which is in its fourth year, and […]
Pharmacy professor receives SUNY funding to spur research commercialization
A new technology led by UB faculty member Sathy Balu-Iyer that has the potential to treat autoimmune diseases and improve the success of gene therapy is one of four SUNY research projects that recently received investments from the SUNY Technology Accelerator Fund (TAF). Funded jointly by SUNY and the SUNY Research Foundation, TAF helps faculty […]
Canadian FACIT supports cancer research translation and invests in three talented Ontario start-ups
FACIT has announced the first three investments under its new Prospects Oncology Fund for proof-of-concept development of breakthrough cancer technologies. Ontario start-ups Radialis Medical of Thunder Bay, KA Imaging of Kitchener, and DNAstack of Toronto are the first to receive capital from this new fund, illustrating the strength and breadth of the cancer research network […]
Ottawa announces $1.2 billion Strategic Innovation Fund
Ottawa is launching a new $1.26 billion Strategic Innovation Fund that’s available across all sectors, Innovation, Science and Economic Development Minister Navdeep Bains announced today in Hamilton, Ont. The fund is intended to support four types of innovation activities, according to a government news release. Those are organized into four different streams: research, development, and […]
Light Polymers Closes $5m Series B Strategic Funding Round with Tokyo Electron and Tsingda International Venture Capital
Tsingda International Venture Capital is part of the Tsinghua Innovation Center in Dongguan (TICD), which is a joint venture fund between the Dongguan Government and Tsinghua University according to McConnaughey. Tsingda brings us a powerful partner in China to accelerate our chemistry material technologies in a number of areas. Light Polymers will set up a […]