Greylock Closes New $1B Fund To Invest In Earliest-Stage Startups
Venture capital may have slowed, but that doesn’t mean some VC firms aren’t still raising big. Greylock — famous for bets on companies such as Airbnb, Coinbase and then-Facebook, now Meta — announced its 17th fund, a $1 billion vehicle focused on pre-seed, seed and Series A founders. The firm will look to fund AI-first companies across a variety of areas, […]
University Hospitals partners with University of Oxford on accelerator to develop treatments for rare diseases
The Harrington Discovery Institute at University Hospitals in Cleveland is partnering with the University of Oxford and a U.K.-based investment company to launch a transatlantic therapeutics accelerator aimed at developing treatments for rare diseases. The Oxford-Harrington Rare Disease Centre Therapeutics Accelerator is a first-in-kind initiative to identify, fund and advance breakthrough academic discoveries for rare genetic diseases — such […]
Emerson Forms Life Sciences Executive Board to Advance One-Click Technology Transfer Initiative
AUSTIN, Texas, Oct. 4, 2023 /PRNewswire/ — Global technology and software leader Emerson (NYSE: EMR) announced a new executive board of key life sciences leaders to help define, review and demonstrate prototypes for Emerson technologies that will safely speed life-saving drugs to market. Emerson’s One-Click Technology Transfer™ initiative aims to dramatically reduce the inordinate amounts of time and […]
Penn Venture Lab launches new community startup programming
Venture Lab — Penn’s entrepreneurship center located in Tangen Hall — has added two new types of events to its semester-wide roster of events. Beginning in Fall 2023, students who are part of Venture Lab’s Venture Initiation Program Community (VIP-C) program can attend Community Dinners and pitch nights that occur on alternating Wednesday nights. These sessions typically […]
NSF Funds 5 Projects for 2nd Phase of 5G Accelerator Program – ExecutiveBiz
The National Science Foundation is investing a total of $25 million to support the second phase of five projects that aim to enhance 5G network infrastructure. The grants, which were awarded by the NSF Directorate for Technology, Innovation and Partnerships, are part of the Convergence Accelerator Track G program, the foundation said Thursday. The teams are led […]
UC Berkeley’s latest contribution to innovation is an innovative way to finance it
Innovation starts with ideas but often comes down to financing. As the first-ever chief innovation officer at the University of California, Berkeley, Rich Lyons has overseen a program that comes up with new ways of funding innovative startups and bringing the profits back to the university. Lyons is a former dean of the business school at UC Berkeley and […]
Eight startups selected for fall 2023 FastTrack Penn State Accelerator
UNIVERSITY PARK, Pa. – Happy Valley LaunchBox powered by PNC Bank has accepted eight early-stage business startups into its fall 2023 FastTrack Accelerator program. The startups selected range from glowing soap and a modern color vision test to a Latin American gaming media group, an arts education company, and an adventure STEAM summer camp. The no-cost business accelerator program […]
University of Oregon Accelerates Innovation with the Innovation Flywheel
In fiscal year 2022-23 (FY 23), from July 2022 through June 2023, there were 31 innovation disclosures and the UO filed for 26 new patents. Researchers launched two new spinout companies based on university research, bringing the total number of existing startups with formal ties to the university up to 32. The UO saw an […]
U-Michigan reasserts commitment to research, innovation, economic impact statewide
As part of a comprehensive strategy to enhance innovation at the University of Michigan and accelerate economic impact across the State of Michigan, the Office of the Vice President for Research recently announced four new leadership appointments. On September 21, the U-M Board of Regents approved the appointment of Dr. Rebecca Cunningham as Vice President […]
Donor-supported Georgetown University MC Gap Fund continues to advance innovative research
The Georgetown University Medical Center’s Gap Fund, now in its third year, provides generous support to promising and innovative medical research at stages when funding can be difficult to secure. A collaboration between the Office of Advancement and the Office of Technology Commercialization, the Gap Fund was first created in 2021 through a $1M gift […]