Applications open for second round of Northwestern University N.XT $10M Fund investments
The N.XT Fund is now open and collecting applications for its second round of investments. The $10 million innovation fund was provided by the University to support Northwestern’s early-stage innovations that are too advanced for federal funding but too early for private investment. The goal of the fund is to de-risk assets owned by Northwestern and propel them to the […]
NC Idea grants awarded for statewide network of entrepreneur support organizations
The Greensboro Partnership’s Entrepreneurs Connection was one of nine grant winners announced last week by the NC IDEA Foundation, a private foundation committed to supporting entrepreneurial business innovation and economic advancement in North Carolina. The grants totaled $1.175 million and went to organizations throughout the state that support entrepreneurs and promote entrepreneurship. “Today’s announcement begins […]
Irish university oncology start-up attracts $95m funding
A new Irish company treatment company, Carrick Therapeutics, has attracted $95 million (€84.5 million) in an initial funding round. The new financial backers to the fledgling company, which aims to build Europe’s leading oncology company, include Arch Venture Partners, one of the largest early-stage technology venture firms in the US, and Woodford Investment Management, a […]
UK pledges £220m tech fund for life science and university sectors
The UK government is set to invest £220m in a package of measures for the life science and university sectors to support the use of cutting edge technologies. The support was announced by the chancellor Philip Hammond over the weekend and half of it will be tailored to help translate medical technology breakthroughs into commercial […]
Marc and Lynne Benioff’s $20 million gift to USC supports research and treatment innovations to fight cancer
USC Trustee Marc Benioff ’86 and his wife, Lynne, have given $20 million toward construction of theLawrence J. Ellison Institute for Transformative Medicine of USC, a new center in Los Angeles that will combine interdisciplinary research with the holistic prevention and treatment of cancer. In recognition of the gift, the lobby of the Ellison Institute […]
Madison HealthX Ventures raises first fund
HealthX Ventures, a Madison venture capital firm that invests in digital health care businesses, will announce Sunday that it has raised more than $20 million for a first fund. The fund, which raised the money from about 80 investors, puts money into very early-stage software businesses that solve cost, quality and access issues in the health […]
Amino Capital Completes Final Close of Its $50M Fund II for Artificial Intelligence Early-Stage Startups
Early-stage venture firm Amino Capital Management Company, LLC (“Amino Capital”) today announced the final close of its $50 million second fund, Amino Capital II, L.P.(formerly zPark Capital II, L.P., the “Fund”) and Dr. Huican Zhu’s joining the Fund as a general partner. Amino Capital focuses on artificial intelligence (AI), data-driven ventures. With the addition of […]
Allied Minds and GE Ventures Form Strategic Alliance to Commercialize Leading-Edge Technologies
Allied Minds plc (LSE: ALM) (“Allied Minds”) and GE Ventures (NYSE: GE) (“GE”), today announced the launch of a strategic alliance to jointly identify and commercialize next-generation technologies. Under the terms of the agreement, Allied Minds and GE Ventures agree to invest in new and existing technologies sourced from both Allied Minds’ and GE’s innovation […]
Macomb Innovation Fund, JP Morgan Chase Announces $375,000 in Awards to Six Detroit-area Technology Startups
Six early-stage companies from Oakland and Wayne counties will receive $375,000 in funding from the Innovation Fund Macomb Community College, Powered by JPMorgan Chase & Co. The unique initiative provides mentoring and capital to early-stage businesses, as well as learning opportunities for Macomb Community College’s students The Innovation Fund is a $2.7 million effort […]
LSU faculty members are closing in on bringing their inventions to market with funds from the university’s LIFT2 grant program
A new age cooling system that more efficiently powers refrigerators, a data-driven polling analytics program and tools for attaching soft tissue to bone are rarely mentioned in the same breath—or even thought about much by the average person. But by providing proof-of-concept grants to faculty members for these and many other inventions through its Leverage […]