The Florida Institute for the Commercialization of Public Research Funds USF Ovation Diagnostics
The Florida Institute for the Commercialization of Public Research (the Institute) announced today that it has finalized a funding agreement with Ovation Diagnostics, a Boca Raton-based company with technology developed at University of South Florida. The Institute supports new company creation based on publicly-funded research, and bridges early funding gaps for companies spinning out of Florida-based […]
China launches $30 billion state-controlled venture capital fund
China’s state council has approved a 200 billion yuan ($30.19 billion)venture capital fund to invest in innovative technology and industrial upgrading projects, the country’s state assets regulator said on Thursday. China has been encouraging its industrial firms to rise up the value chain through technical innovation and tougher efficiency standards, with the aim of creating […]
Blavatnik Family Foundation provides $10 million for innovation in the life sciences at Yale University
Yale University has received a $10 million grant from the Blavatnik Family Foundation, headed by American industrialist and philanthropist Len Blavatnik, to advance entrepreneurship in the life sciences at Yale and to expedite the development, application, and commercialization of breakthrough research. The multi-year grant will support the Blavatnik Fund for Innovation at Yale, designed to […]
Badger Fund raises more than $10 million
The Badger Fund of Funds said Tuesday it has raised more than $10 million of capital from private investors, double what was required by the state legislation that launched it. The private funding brings to more than $35 million the amount the Badger Fund has to invest. The Badger Fund was formed after the state in 2013 committed […]
New UConn Innovation Fund Provides Business Startups with Important Early-Stage Financial Support
The University of Connecticut in partnership with Connecticut Innovations (CI) and Webster Bank today announced it is establishing a $1.5 million UConn Innovation Fund that will provide early-stage financial support to new business startups affiliated with UConn. Investments of up to $100,000 are available to any student, faculty member, or alumnus of the university […]
Through corporate venture fund, Exelon gets intel while startups get funding
When Constellation Energy Group decided to back Astrum Solar in 2011, it was a huge boon for the Baltimore energy startup. Astrum was founded in 2008 on the idea of bringing residential solar energy to the East Coast, where the technology had been slower to catch on compared with California and its neighbors. But while […]
Does every university need its own venture fund?
There are a number of other funds affiliated with various universities across the country. Cambridge Enterprise Seed Funds is this year celebrating 21 years of investment. IP Group has had deals with various universities for some time. This is in addition to Imperial Innovations, Oxford Sciences Innovation and of course our very ownCambridge Innovation Capital […]
Venture fund puts $6 million into UCSD inventions
Two technologies from UC San Diego – a saliva diagnostics sensor and foam that can generate power – have been selected for up to $6 million in funding by local start-up investor NextWave Venture Partners. The deals highlight NextWave’s business model of licensing promising technologies from universities and research institutes. It has named its latest […]
Alafair Biosciences raises $2M with eye on marketing, product development; U Texas Horizon Fund invests
Alafair Biosciences Inc. has identified how it plans to spend its most recent $2 million series A funding round — the Austin medical device company said Monday afternoon it will use those dollars for product development and to widen its branding reach. The investment, first reported by Austin Business Journal back in mid-July, was led […]
ONGC launches Rs 100 crore start-up fund to ignite new ideas
ONGCBSE 0.87 % has launched a Rs 100 crore start-up fund on its Diamond Jubilee year to foster, nurture and incubate new ideas related to oil and gas sector. The initiative, christened as ‘ONGC Start-up’, is in line with the government’s initiative ‘Start-up India’. As part of this initiative, ONGC will provide the entire support […]