Invent Penn State’s Fund for Innovation awards $75,000 to Persea Naturals

One of the latest ventures to come out of Penn State, Persea Naturals, began with an unintended discovery. Gregory R. Ziegler, professor of food science in the College of Agricultural Sciences, was extracting starch from avocado pits when he noticed something interesting. When avocado pits are pulverized, an enzymatic reaction produces a bright orange color. […]

New State Fund Helps Commercialize Early Tech from MI Universities

University technology transfer programs in Michigan now have a new pot of money to support their efforts, thanks to a fund supported by the Michigan Economic Development Corporation. The University Early Stage Proof of Concept Fund, also known as the Advance grant program, will help move research projects and technologies developed at Michigan universities from […]

New investment fund is targeting drug development at the University of Pittsburgh

University of Pittsburgh Chancellor Patrick Gallagher’s efforts to hotwire the region’s fledgling life sciences industry is getting a spark from a new seed capital fund targeted to helping develop new medications. The Pittsburgh Revolution Fund is soliciting $200 million, which will be made available in the form of investments in drug research teams with the […]

Australia fund has placed $35 million with IP Group for university innovation

Australia’s largest corporate superannuation fund has placed $35 million with IP Group as part of a $200 million capital raise that will invest in spin-out companies based on the intellectual property developed by academics at a variety of universities. The investment has been made through TelstraSuper’s Private Equity Market Portfolio by purchasing a stake in […]

Rainbow seed fund & University of Birmingham back promising technology spinout Linear Diagnostics 

Rainbow Seed Fund, an early-stage venture capital fund focused on building technology companies from the UK’s research base, announced today an investment into University of Birmingham spinout Linear Diagnostics. The investment was match-funded with an award from the University of Birmingham’s Spinout Investment fund and the company received a total investment of £300,000. The investment will enable Linear […]

How University of Hawaii Hopes To Turn Research Into Business Startups

In a move designed to strengthen the University of Hawaii’s position as a hub for economic development, the state is on the verge of adopting a program designed to help commercialize intellectual property created at UH. House Bill 847, which is now awaiting Gov. David Ige’s signature, would establish the University Innovation and Commercialization Initiative […]

The University of New Hampshire Establishes an Innovation Fund

Innovation is the need of the hour. This one statement holds a significant weight in the business world. The increasing competition in the business world and rising number of entrepreneurs have made business owners more inclined to incorporate innovation. The markets have become saturated with similar products and services. However, a single differentiation factor, regardless […]

Osage Venture Partners Closes $90M Fund

Osage Venture Partners (OVP), today announced the closing of Osage Venture Partners IV, a $90 million fund focused on investing in early-stage, business-to-business (B2B) software companies on the East Coast. OVP IV represents the latest fund executing on OVP’s decade-long strategy of backing exceptional East Coast entrepreneurs building leading B2B software companies that target large […]