Irish Research Council awarded €30m to researchers in 2016
The Irish Research Council’s full-year figures for 2016 detail funding allocated to researchers across the country. In total, in 2016, the Irish Research Council (IRC) granted €30m in funding to 373 new researchers. Details released in late December showed that the largest sum of funding – €15.5m – was allocated to the Government of Ireland […]
University of Akron unveils $500K Spark Fund program to fund student, faculty innovations
The University of Akron Research Foundation is unveiling a new program called the Spark Fund to help develop new innovations and technologies among graduate students and faculty.The program, which aims to foster innovations leading to university start-ups, will pay to prototype and test five to seven innovations in 2017, thanks to matching funding from the Ohio […]
Two Purdue agricultural startups receive $100,000 from inaugural Ag-celerator fund
Two Purdue agricultural-based startups received investments totaling $100,000 from the Purdue Ag-celerator, a plant sciences innovation fund operated by Purdue Ventures, the capital access arm of the Purdue Foundry, with assistance from the Purdue College of Agriculture, Purdue Research Foundation’s Office of Technology Commercialization and the agricultural industry. Phicrobe LLC, a startup commercializing an innovative […]
The UAE announces legal system for venture capital funds
The move comes as part of the projects of the first batch of government accelerators launched earlier by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to expedite the process of achieving the National Agenda goals. “Approving the controls and obligations governing the venture […]
Norfolk biotech startup to get $150,000 loan from city’s new “Innovation Fund”
A startup that’s developing implantable devices to help regenerate injured tissue is the first recipient under Norfolk’s “Innovation Fund.” Embody LLC, founded in 2014, will get a $150,000 loan from the new venture-capital fund, which aims to help growing technology, science and health care companies. “We’re looking for ways to make Norfolk a more entrepreneurially […]
From prototype building to VC investment, Ohio State University more active in nudging technology to market
Ohio State University is taking a more hands-on approach to getting technology from its labs to market, from regulatory help to prototype building, in hopes of boosting the odds of a commercial success. “We have taken the active initiative of taking early stage inventions such as pharmaceuticals, engineering and other inventions and perform the proof […]
Wanted: UNC alumni looking to invest in startups with university ties
UNC-Chapel Hill is seeking alumni, faculty members and others who are interested in investing in startups with a UNC connection. UNC announced Tuesday that it has launched the Carolina Angel Network to help startups seeking capital to develop their technology or finance their growth. Eligible startups, which can be located anywhere, must have a founder, […]
Fred Hutch’s new Evergreen Fund to promote commercialization of research into lifesaving therapies
Fred Hutchinson Cancer Research Center announced its first-ever grants from its newly established Evergreen Fund to spur researchers’ efforts to advance bold ideas toward creating or partnering with a commercial entity. A total of $1 million was awarded to eight Fred Hutch research projects ranging from the development of new immunotherapies for cancer to finding […]
U Iowa diagnostics company gets $5.1 million of financing from state funding, other
VIDA Diagnostics of Coralville has completed $5.1 million of new investment funding, which will help commercialize the company’s lung imaging software and associated precision services. The funding was led by Chartline Capital Partners of Wilmington, Del., Rittenhouse Ventures of Philadelphia and Next Level Ventures, Rural Vitality Fund II and the Iowa Seed Fund, all based […]
Here’s what’s next for The W Fund, an early-stage venture fund focused on university spin-outs
Since The W Fund launched more than four years ago in Seattle, it has invested $20 million across 17 early-stage companies that spun out of the University of Washington and other research institutions across the state. Now, as the venture capital firm wraps up new investments from its first fund, what’s next? Linden Rhoads, the former […]