Purdue startup lands $30M in funding to commercialize cancer imaging agent 

A West Lafayette-based startup founded by Indiana life sciences icon Dr. Philip Low has closed on a $30 million Series C funding round. On Target Laboratories Inc. plans to use the funding to accelerate commercialization of Cytalux, a molecular imaging agent used to illuminate cancer cells during surgery. Cytalux received approval from the U.S. Food […]

US agency launches experiments to find innovative ways to fund research

The US National Science Foundation (NSF) has announced plans to explore creative ways of funding research, emphasizing the need to make decisions more quickly and to support more proposals that are innovative. The agency has partnered with the Institute for Progress (IFP), a think tank based in Washington DC, which will conduct a series of economic and […]

The Rockefeller University launches new biomedical startup incubator

Something new is coming to the south side of The Rockefeller University campus this fall: the Ford Center Incubator. Part of the Ford Center for Life Science Innovation, the incubator—a light, bright, 8,000-square-foot space on the newly renovated fourth floor of the Bronk Laboratory building—will be the first facility of its kind on the Upper […]

New venture fund aims to further Notre Dame’s mission through purpose-driven startups

A new venture capital fund to advance the commercialization of University of Notre Dame and South Bend area innovations has reached a key milestone. Indianapolis-based High Alpha Innovation has successfully closed the first $17.5 million of the “1842 Fund,” named for the year Notre Dame was founded. The fund, which will support faculty research, student innovations and community startups […]

Utah Innovation Fund Awards Eden Technologies $250K

The Utah Innovation Fund, the new state-based venture capital firm headquartered in the UofU’s Thomas S. Monson Center in downtown Salt Lake City, awarded $250K to Eden Technologies for their Reverse Osmosis Centrifuge (ROC) technology that improves the efficiency of brackish and ocean water desalination, producing clean, drinkable water using the same energy as current methods. Eden Technologies is a startup […]

Utah Innovation Fund Awards Eden Technologies $250K 

The Utah Innovation Fund, the new state-based venture capital firm headquartered in the UofU’s Thomas S. Monson Center in downtown Salt Lake City, awarded $250K to Eden Technologies for their Reverse Osmosis Centrifuge (ROC) technology that improves the efficiency of brackish and ocean water desalination, producing clean, drinkable water using the same energy as current methods. Eden Technologies is a startup […]