Two entrepreneur alumni donate $1 million each to UBC seed fund
Greg Peet, a technology entrepreneur who attended UBC’s Sauder School of Business, and Glenn Walsh, who founded the mining construction company Tercon Group and is an alumnus of the faculty of applied science, donated the money to a seed fund run by entrepreneurship@UBC. The fund, known as e@UBC, “provides startup programs, industry mentorship, office and […]
Sodexo launches strategic venture capital fund, dedicated to accompanying innovative start-ups
Sodexo, world leader in Quality of Life services, announced today the launch of Sodexo Ventures, a 50 million euro venture capital fund, whose investments will combine agility and creativity with the Group’s investment capacity, skills and expertise in sectors as varied as Food-Tech, health and wellness, data, mobility and smart buildings. Sodexo Ventures will invest […]
University of Cambridge breaks its early stage investment record with £5.3 million into 14 startups
For the fourth year in a row, the University of Cambridge has broken its early stage investment record, approving 14 seed fund investments for a total of £5.3 million, an increase on the £3.8 million invested in 2014/15. This new funding follows another successful year highlighted by the exits of VocalIQ, Lumora and Cambridge CMOS […]
NewYork-Presbyterian launches venture fund for digital health
NewYork-Presbyterian has formed an investment fund to drive growth of fledgling digital health companies. NewYork-Presbyterian has focused on advanced technologies for enhanced care delivery for years. The venture fund follows the 2014 launch of the NYP Innovation Center to implement cutting-edge technologies for both clinicians and patients across its hospitals and clinics. Earlier this year, […]
Michigan State University Foundation Launches $5M Venture Fund, Red Cedar Ventures LLC
[fusion_text]The Michigan State University Foundation (MSUF) announced today the formation of its new, $5M venture investing subsidiary, Red Cedar Ventures. Its newest program features both a pre-seed fund and an opportunity fund focused on helping Michigan State University-based startups and technologies overcome critical funding gaps, accelerate growth, and provide follow-on, growth-stage capital. “We have been […]
Tsinghua University’s Redbud Capital To Launch $150M Venture Fund-Of-Funds
Redbud Capital, an investment platform under Tsinghua Holdings, has teamed up with the State-owned Assets Supervision and Administration Commission (SASAC) of Yiwu City and Zhejiang China Commodities City Group to launch a RMB1 billion (US$150 million) fund-of-funds focused on venture capital. The new vehicle will invest in venture funds, says an announcement without elaboration. It’s […]
Tel Aviv University Launches New IoT Tech Investment Fund with 5 Corporate Giants
Tel Aviv University’s technology transfer company, Ramot, launched a new Internet of Things (IoT) investment fund on Monday in partnership with five international tech giants. According to Ramot, the fund will focus on locating exceptional Israeli initiatives in early stages of development (pre-seeding, seeding), and help build them up to the point of exit into […]
Mind the Gap Summit: Create and Manage a Startup Gap Fund
Startup Formation gap funds assist in the formational steps of spin-outs — even prior to becoming a legal entity. This gap fund type could be seen as a startup-focused extension of proof of concept funding that further develops the business application of the technology through market research, product development, business development, management, space, and equipment to attract third party interest and capital
These funds are primarily administered by the technology transfer office and associated venture centers. External public-private arrangements to support business creation are administered by sponsoring agency or through close collaboration with the research institution
Startup Growth gap funds invest in scaling and growing established spin-outs. Research institutions have created, spun out, or partnered with seed funds and accelerators, both public and private, to fill this void in early stage startup capital and to directly invest in their own startups. Some institutions are even beginning to invest in non-institution startups.
Centrally managed Startup Growth gap funds are limited based on the required capital. To overcome this challenge and mitigate risk, research institutions may partner with existing early stage venture firms or corporate investor groups
Florida Institute Funds carbon capture technology
The Florida Institute for the Commercialization of Public Research (the Florida Institute) announced today that it has finalized a funding agreement with Partnering in Innovation, Inc. (Pi-Innovation), an Orlando-based company with technology developed at NASA Kennedy Space Center. The Florida Institute supports new company creation based on publicly-funded research, and bridges early funding gaps for […]
Camden Partners has a new venture fund for Maryland startups
Warnock, George Petrocheilos, David Oros and Jacob Vogelstein founded the Camden Partners Exelixis Fund. Helping startups from the region’s research institutions such as Johns Hopkins, University of Maryland Baltimore, UMBC and Fort Meade is a key focus of the fund. “We know we’ll have a direct impact on Baltimore and Maryland and the ecosystem,” Petrocheilos said. Along with the […]