Gillibrand wants to fill venture capital void
U.S. Sen. Kirsten Gillibrand wants to do for upstate New York what the venture capital sector has not. While New York state universities rake in $6 billion a year in government research funding — ranking it No. 2 in the country — the state and upstate New York in particular lag behind most of the country when it […]
Midven’s Rainbow fund backs University of Anglia’s Spectral Edge
Iceni Seedcorn Fund joined Midven’s Rainbow Seed Fund in the investment in Spectral Edge. The company was founded in 2012 as a spin-out from the University of East Anglia to exploit novel image fusion technology developed by Professor Finlayson’s ‘Colour Lab’.
Ilitches donate $8.5M to Wayne State University to fund surgical innovation
Pizza and entertainment entrepreneurs Michael and Marian Ilitch donated $8.5 million to the Department of Surgery at the School of Medicine at Wayne State University to create the Ilitch Chair for Surgical Innovation. The money will establish an unrestricted fund to support research and development in surgical technologies.
Nepal Govt to establish Rs 500m fund to bankroll start-ups
The government has planned to establish a start-up fund in the coming fiscal year in a bid to cultivate the culture of entrepreneurship and promote fresh ideas. Presenting the budget for fiscal 2014-15, Finance Minister Ram Sharan Mahat said that the government would set up a Rs 500 million fund to bankroll promising start-ups.
With Innovation Fund dollars, new medical ‘GPS’ sets course to personalize patient care
University of Chicago physicians Mark Ratain and Peter O’Donnell created the Genomic Prescribing System based on a simple hypothesis—that patients and healthcare providers would be eager to incorporate genetic information into decisions about prescribing medical treatments if they had the tools to do so. So, they set out to develop a new model for personalized […]
Delaware Early Stage Venture Fund to Invest $50K-250K in Regional Start-ups
Leading Edge Ventures I, L.P., announced today the formation of an early stage venture fund. Headquartered in Newark, Delaware, the Fund will make investments in promising early stage companies in Delaware and the Mid- Atlantic region. It will also maintain an office in Bethlehem, PA. Leading Edge Ventures will target companies that provide productivity benefits […]
Governor Cuomo Announces $900,000 to Fund Biomedical Research Projects at Nine SUNY Campuses
Albany, NY – July 8, 2014 – Governor Andrew M. Cuomotoday announced $900,000 in funding for projects supported by the State University of New York Health Network of Excellence. This first round of funding will be awarded to six projects engaging students and faculty on nine SUNY campuses and their partners in the private sector to research causes, treatments […]
Inpria, an Oregon ONAMI gap project, raises another $1.5 million from OAF
Inpria, one of the first of now 40 ONAMI Gap Fund startup companies, has just announced that it’s raised $1.45 million from the Oregon Angel Fund.
U.S.-Chinese Accelerator InnoSpring is Targeting $5 Million Fund
InnoSpring, a two-year-old accelerator founded in Silicon Valley to help U.S. and Chinese tech startups expand across borders, is raising a second fund, Venture Capital Dispatch has learned.
AdAdapted, U Michigan gap fund recepient, raises $725,000 in seed round
AdAdapted has locked down $725,000 in seed capital to help it scale up its mobile advertising platform.