Connecticut Innovations Distributing Nearly $2M to University Researchers, Companies
The first grants and loans in the $200 million state Bioscience Fund have been awarded by Connecticut Innovations, the state-funded venture capital agency.
University of Washington Wi-Fi backscatter could make ‘Internet of Things’ real
A new method uses radio frequency signals as a power source and reuses existing Wi-Fi infrastructure to provide internet connectivity to battery-free devices.
University of Chicago Innovation Fund Puts $100K in Genomic Prescribing System
The University of Chicago Innovation Fund, which invests in proof-of-concept and early business development work for new ventures created by University of Chicago faculty, students and staff, has awarded Mark Ratain, MD, and Peter O’Donnell, MD, $100,000 to support their work on the Genomic Prescribing System (GPS)
UT Horizon Fund invests $593K in MolecularMatch in Series A financing round
AUSTIN, TX – UT Horizon Fund, the strategic venture fund of the University of Texas System, has made a $593,000 Series A preferred stock investment in MolecularMatch.
KoolSpan, BrainScope get $700K in Maryland Venture Fund backing
The Maryland Department of Business and Economic Development says its Maryland Venture Fund has made follow-on investments in two Maryland startups totaling $700,000.
University of Ulster reveals £240k Honeypot fund to boost digital content sector – Start Ups – Start-Ups
The University of Ulster has launched a new stg£240,000 seed fund designed to stimulate growth and enhance competitiveness within the digital content sector. The Honeypot seed fund is part of the Honeycomb – Creative Works initiative, a stg£3.58m skills and business development programme funded by the European Union’s INTERREG IVA Programme, managed by the Special EU […]
Finance Wales close to three profitable exits deals from firms into Technology Venture Investments portfolio
Finance Wales is close to three exits on companies backed by its technology-focused fund, including one via flotation. Director of Technology Venture investments Steve Smith said the £40m fund, which has backed around 40 mainly pre-revenue technology firms in Wales, was also working towards making its first co-investment(s) with the Welsh Government’s £100m Wales Life […]
NZVIF’s $5.4M seed fund investment too early to predict returns
The government-backed New Zealand Venture Investment Fund says it’s still too early to judge the performance of the Seed Co-Investment Fund, which backs early-stage firms alongside angel investors.
Japanese Govt to fund start-up CEOs
The Japanese government plans to start a system this fiscal year under which it will provide living costs of 6.5 million yen ($64,000) per year, for up to two years, for people who quit their companies and start a new business.
New commercialization gap funding assists WSU innovators
Washington State University researchers can get in-house money to move their innovations from the lab to the marketplace through a new commercialization gap-funding (CGF) program.