Author: innovosource

U Kentucky to partner with GMU on NSF ART award to get us climate-ready 

LEXINGTON, Ky. (Jan. 25, 2024) — The National Science Foundation (NSF) has announced the first-ever Accelerating Research Translation (ART) investment in which the University of Kentucky will partner with George Mason University (GMU) to advance societal and economic impact of research by strengthening the infrastructure for scaling translational activities. As part of NSF’s ART, more than $100 million will be […]

Rice U Accelerator Program Startup Raises $19M in Series A

A health tech startup based out of a newly formed accelerator program at Rice University has raised venture funding. Motif Neurotech closed its series A round with an oversubscribed $18.75 million. The company, which develops minimally invasive bioelectronics for mental health treatment, was formed out of the Rice Biotech Launch Pad that launched last fall. The round was led […]

Indiana U Invests more than $250M to Strengthen Biosciences

Indiana University will invest more than $250 million to advance scientific discoveries aimed at curing and treating diseases and improving human health, while cementing Indiana’s position as a global leader in biosciences. IU President Pamela Whitten announced the funding commitments, which rival the largest investments made in these areas by the nation’s leading public and […]

Purdue Innovates awards $150K Trask awards to develop innovations for the marketplace 

Four researchers in Purdue University’s colleges of Engineering and Science, the Purdue Institute for Cancer Research and the Purdue Institute for Drug Discovery have received a total of $150,000 from the Trask Innovation Fund to strengthen the appeal of their patent-pending intellectual property for commercial use. The fund is managed by the Purdue Innovates Incubator, which provides programming for the Purdue University community to […]

Polsky Center Pilots Proof-of-Concept Fund to Accelerate Tech Commercialization

The Polsky Center for Entrepreneurship and Innovation has launched a new “Proof-of-Concept Fund” to support University of Chicago researchers in de-risking early-stage technologies. “By providing funding to bridge the gap between early-stage lab research and out-licensing activities, the Proof-of-Concept Fund will serve as a vehicle to advance data collection and accelerate technology commercialization,” said David […]

NSF announces $16M program for responsible tech design with philanthropic partners

The National Science Foundation announced Tuesday it is partnering with five philanthropic partners through a $16 million program to boost focus on ethical and social considerations in emerging technologies. The Responsible Design, Development and Deployment of Technologies, or ReDDDot, initiative aims to “help create technologies that promote the public’s wellbeing and mitigate potential harm,” according to […]

Novo Nordisk Foundation partners with CARB-X to fight drug-resistant infections 

Antimicrobials, including antibiotics, are the world’s primary defence against infections. But when the bacteria, viruses, fungi or parasites that cause those infections mutate and become resistant to existing treatments, simple infections can lead to severe illness or death.   Antimicrobial resistance (AMR) threatens to unravel societies and the global economic system by increasing the risks of […]

Washington Un. Partners With Deerfield Mgt. To Launch Drug R&D Company

Washington University in St. Louis announced on Tuesday that it was launching a drug R&D company in collaboration with Deerfield Management, a New York-based health-care investment firm. Deerfield has committed up to $130 million over the next 10 years to help fund the initiative, which will be called VeritaScience, in recognition of the university’s motto “Per Veritatem Vis,” […]