GAP Pipeline Brief: VCU-Born Startups Pascal Medical and Perfusion Medical Each Receive $800,000 to Advance Toward Human Trials

Award & Investment Overview Two startups built on Virginia Commonwealth University research have each received $800,000 from Virginia Catalyst to advance healthcare technologies toward clinical testing. Pascal Medical Corp. will use its award to advance ClickGel, an injectable surgical biomaterial designed to seal wounds and deliver therapeutics at the surgical site. Perfusion Medical will use […]

Baptist Health Foundation Receives $2 Million Gift from Argosy Foundation to Advance Seed Funding of Healthcare Innovation

August 19, 2026 – Baptist Health Foundation announced a $2 million gift from the Argosy Foundation to establish the Baptist Health Innovations Collaborative Innovation Fund, a new philanthropic initiative designed to accelerate promising healthcare innovations and expand strategic collaborations that improve patient care and community health. The gift builds upon the Argosy Foundation’s longstanding support of Baptist Health […]

GAP Pipeline Brief: University of South Florida Innovation Fund Supports Healthcare Training, EEG Technology, and Gene Therapy Projects

Award & Investment Overview The University of South Florida is providing Innovation Fund support to faculty-led projects advancing technologies in healthcare education, neurological monitoring, and gene therapy. The funded portfolio includes CaseyMD, a healthcare education platform; NeuTrode, a flexible dry electrode for electroencephalogram testing; and a gene therapy being developed to treat canine cognitive dysfunction. […]

UND innovators pitch commercialization-ready ideas at inaugural Lift-Off Showcase

Ten University of North Dakota research teams showcased technologies and innovations developed through their research and participation in the Innovation Moonshot Summer Accelerator during the inaugural Lift-Off event Aug. 20, highlighting the University’s commitment to transforming discoveries into real-world solutions. Hosted by the UND Center for Innovation (CFI), Lift-Off marked the culmination of the Innovation Moonshot Summer Accelerator, […]

GAP Pipeline Brief: University of Arkansas I³R Watershed Grants Award $1 Million to 15 Interdisciplinary Research Teams

Award & Investment Overview The University of Arkansas Institute for Integrative and Innovative Research (I³R) has awarded $1 million in seed funding to 15 interdisciplinary research teams through the inaugural I³R Watershed Grants Program. Launched in summer 2026, the program combines funding from I³R, University of Arkansas colleges, and the University of Arkansas Division of […]

GAP Pipeline Brief: UC Santa Barbara Spinout Quintessent Raises $40 Million Series A to Scale Optical Interconnect Technology for AI Data Centers

Award & Investment Overview Quintessent, a UC Santa Barbara spinout developing optical connectivity technologies for AI data centers, has raised $40 million in an oversubscribed Series A round. The financing was led by Cycle Capital, with participation from new investors Goldman Sachs XIG-Industry Ventures, Hina Liberty Capital, Susquehanna International Group, InterVest, Safar Partners, and Ciena. […]

The Venture Arcade at Georgia Tech names Laura Hodgson to lead new startup accelerator

Previously known as Velocity Startups, The Venture Arcade serves as a bridge between early-stage startup founders who have participated in Georgia Tech initiatives like CREATE-X, Quadrant-i, and Biolocity and are focused on scaling their businesses and preparing themselves for late-stage accelerators such as the Advanced Technology Development Center, Engage, Fusen, and Atlanta Tech Village. Hodgson brings more than two decades of entrepreneurial leadership, capital markets […]

GAP Pipeline Brief: University of Michigan BME Coulter Translational Research Partnership Program Awards $950,000 to Nine Biomedical Engineering Teams

Award & Investment Overview The University of Michigan Department of Biomedical Engineering has awarded $950,000 in FY27 funding to nine multidisciplinary teams through its Coulter Translational Research Partnership Program, supporting biomedical technologies moving from university laboratories toward commercial development and clinical practice. Established with a $20 million endowment in 2005, the U-M BME Coulter program […]

GAP Pipeline Brief: Chalmers University Spinout Solinide Photonics Raises €4 Million to Commercialize Energy-Efficient Optical Interconnect Technology

Award & Investment Overview Chalmers University of Technology spinout Solinide Photonics has raised €4 million in seed funding to accelerate commercialization of its integrated photonics technology for AI data centers, telecommunications, and high-performance computing. The round includes existing investors Chalmers Ventures and Navigare Ventures, alongside new investors led by PSV Hafnium, with participation from Turbine […]