iBIO Institute’s PROPEL Center Is Winner of U.S. SBA’s Growth Accelerator Fund Competition
The PROPEL Center of the iBIO Institute, dedicated to increasing the number and success rate of early-stage life sciences companies in Illinois, announced today that it was a winner of the U.S. Small Business Administration’s 2016 Growth Accelerator Fund Competition, including a cash prize of $50,000. The SBA Office of Investment and Innovation, Office of Native American Affairs, […]
University of Calgary awarded $75-million research grant for cleantech, energy
The University of Calgary has been awarded $75 million over seven years from the Canada First Research Excellence Fund (CFREF) for its Global Research Initiative in Sustainable Low Carbon Unconventional Resources. The goal of this research is to dramatically reduce the impact of energy extraction and energy use on the environment. The funding is part […]
Oregon BEST, OSU Ventures back eChemion for Technology that Triples Battery Life
Oregon BEST has awarded follow-on funding to an Oregon startup and Oregon State University spinout that has developed a new clean technology that triples the life of redox flow batteries used for renewable energy storage. The company, eChemion, has a chemical treatment technology that solves a major issue with flow batteries: degradation over time of […]
Australian Government-backed $20 million venture capital fund launched to back clean energy startups
A new $20 million venture capital fund has launched with the backing of the federal government to support and encourage startups focusing on clean energy technology. Artesian Venture Partners will be running the fund, and the government’s $1 billion Clean Energy Innovation Fund will be providing a cornerstone investment of $10 million. The Clean Energy Seed Fund […]
Stanford seed grants push the boundaries of innovative research on clean energy | Stanford News
The Precourt Institute for Energy and the TomKat Center for Sustainable Energy at Stanford have awarded 15 faculty seed grants totaling $2.7 million for groundbreaking research on clean energy. Launched in 2010, the seed-grant programs fund innovative research proposals with the potential for high impact on energy supply and use. Precourt Institute for Energy “The Stanford Precourt […]
Rev1 Ventures, Ohio State University Launches $22 Million Seed Fund to Fuel High-Growth Startups
Today, Rev1Ventures, a top VC investor in the Great Lakes Region, announced the launch of Rev1 Fund I, the company’s most significant fund to-date and the largest seed-stage fund in Columbus history. A first-of-its-kind for the region, the corporate-backed fund is supported by Nationwide, The Ohio State University, Cardinal Health and other top Columbus companies […]
Qualcomm invested $23 Million In 5 Firms From India Venture Fund
Qualcomm on Monday said it has already invested $23 million (about Rs 150 crore) in five companies from the $150 million venture fund, which the electronics chip major had announced for India last September. Asked about an update on the company’s India investments, Qualcomm’s Executive Chairman Paul Jacobs, who met Telecom Minister and IT Minister […]
Drive Capital launches $300 million second fund for Midwest startups
Drive Capital LLC has launched a $300 million fund to invest in Midwest startups, surpassing its first fund and catapulting the venture capital firm to more than a half-billion dollars under management. Co-founders Mark Kvamme and Chris Olsen, who started the firm in Columbus after leaving Sequoia Partners in Silicon Valley, said their thesis is […]
Indian Govt inaugurates start-up incubation centre in New Delhi; to foster 50 new companies
India has attracted investment from 37 mobile manufacturing companies in last one year that have generated 40,000 direct jobs and 1.25 lakh indirect employment, IT Minister Ravi Shankar Prasad said. “We decided to make India a big hub of electronics manufacturing. In the last one year, 37 new mobile manufacturing units have come,” Prasad said […]
£75m raised in technology start-up investment by Cambridge University
A capital investment fund company, founded by Cambridge University in partnership with other investors, has raised capital of £75 million in anticipation of an IPO flotation. This is a major success story for continuing investment into technology and healthcare innovative startups in the Cambridge region. The IPO was oversubscribed, a sure sign of the strong […]