Perceptive Navigation Receives $225,000 From Maryland State Venture Fund

Perceptive Navigation, a medical device company in Baltimore, has been awarded a $225,000 investment by the Maryland Venture Fund (MVF), the state’s primary venture capital investment program. Perceptive’s first product, an ultrasound probe dubbed Vu-Path, uses the company’s advanced imaging techniques to allow surgeons to precisely place and guide the instrument during procedures. The state’s […]

Indian Aaruha Technology Fund for start-ups launched

Budding entrepreneurs now have one more source of support, with the launch of Aaruha Technology Fund by StartupXseed, a seed-funding company, here on Thursday. B.V. Naidu, Managing Partner, StartupXseed, said the key differentiator was that the funding comes along with strategic support, mentorship and exposure to venture capitalists (VCs), so that the start-ups can graduate […]

Harvard offers a bridge for promising research with accelerator grants

A few years ago, Andrew Myers’ laboratory discovered a new way to synthesize an important class of antibiotics that one day could tackle the toughest, most resistant infections. “I knew we were onto something important,” said Myers, the Amory Houghton Professor of Chemistry and Chemical Biology, “but I couldn’t get federal funding to take the idea […]

Case Western student project-turned-tech startup surpasses $1M in funding

An idea that sprang from the minds of Case Western Reserve students frustrated with getting locked out of their dorm rooms is now a prominent name in the emerging technology startup culture in Northeast Ohio. On Aug. 19, Everykey Inc. announced that with the closing of its seed round of funding, the company has raised […]

Graftworx gets $500K from Maryland Venture Fund

Bel Air-based medical device company Graftworx received $500,000 from the Maryland Venture Fund, the state announced. With the new funding, the company announced the hiring of Lilip Lau, who invented a coronary stent while at Guidant. Graftworx is developing a stent to treat peripheral artery disease (PAD). The money will also be used to complete […]

Is state VC funding becoming the name of the game in emerging economies?

The Indian government this week launched a much awaited venture capital (VC) fund. Dubbed the India Aspiration Fund, the 20 billion rupee fund (US$306-million) will operate as a fund-of-funds administered by the Small Industries Development Bank of India (Sidbi). Life Insurance, India’s biggest insurance company, will be a co-investor in the fund, which will then […]

University of Memphis Crews Center for Entrepreneurship Launches Seed Fund

The University of Memphis Crews Center for Entrepreneurship has taken what stakeholders said is a natural next step as part of acting as the university’s hub for commercializing ideas into successful startups. The now four-year-old center has launched the Crews Center Catalyst (C3) Seed Fund, a source of funding meant to incentivize students and faculty […]

Syracuse Launches $150K Internal Research Grant Program to Support Scholarly Exploration

The University’s Office of Research has launched a new internal grant program to help support faculty research opportunities and advance collaborative scholarship. The program, announced Monday by Vice President for Research Gina Lee-Glauser, provides a total of $150,000 in funding for faculty to develop essential relationships; obtain foundational results to expand or sustain their research, […]