Global Venture Funding Dipped $10 Billion in February/17% lower in Early Stage
Global venture capital funding showed signs of a slowdown in February, with startup investors pouring $10 billion less into companies than they did in January, according to Crunchbase data. VC investors globally cut $52 billion in checks last month, down 16% from $62 billion in January, per Crunchbase. While the $52 billion figure still represents a […]
Mayo Clinic launches AI startup program to help early-stage companies get market-ready | Fierce Healthcare
Mayo Clinic launched its artificial intelligence startup program this week with four early-stage health tech companies. The 20-week program, called Mayo Clinic Platform_Accelerate, aims to help AI-based startups get market-ready by offering access to Mayo Clinic experts in regulatory, clinical, technology and business domains with a focus on AI model validation and clinical readiness. The program also […]
3 alumni-founded startups claim cash prizes at Rice University pitch competition
hree startups founded by Rice University graduates have won investment prizes at an annual pitch competition. The annual H. Albert Napier Rice Launch Challenge, or NRLC, welcomed a panel of judges to hear from six alumni-founded startups in the finals last week. The prizes on the line totaled $65,000 in equity-free funding. The event, which […]
UC Venture Lab ignites surge in startups, investment dollars | University Of Cincinnati
By two key measures, the Cincinnati Innovation District (CID) is demonstrating success at an accelerated pace in developing entrepreneurial talent. More than $100 million in investment dollars has been achieved at the University of Cincinnati through initiatives led by the Office of Innovation, including the Venture Lab program and Tech Transfer. The Venture Lab program […]
3 Polsky Startups Awarded $200,000 Each to Build Out Teams, Launch Novel Products
Flow Medical, Lismikro, and OrisDX each have been awarded a $200,000 co-investment from the George Shultz Innovation Fund to further develop their technologies. Managed by the Polsky Center for Entrepreneurship and Innovation, the George Shultz Innovation Fund (GSIF) provides up to $250,000 in co-investment funding for early-stage tech ventures coming out of the University of Chicago, Argonne National Laboratory, Fermilab, […]
Merck launches accelerator programme for AI startups –
The big pharma – known as MSD outside North America – is initially offering support to 12 companies though the newly-formed Merck Digital Sciences Studio (MDSS) and is now taking applications from would-be participants. The scheme is split between Merck’s Newark site in New Jersey and its facilities in Cambridge, Massachusetts, with six places available at each. […]
The Victorian government is investing $100 million into university startups – Startup Daily
Premier Dan Andrews and treasurer Tim Pallas set up the $2 billion Breakthrough Victoria fund, chaired by former premier John Bracks, as an independent investment fund manager investing in commercial innovations in health, technology, manufacturing, agri-food and carbon sectors. The $100 million Breakthrough Victoria – University Innovation Platform, will see universities match the government pre-seed investments […]
Reichman University setting up $30MM VC fund for its graduates
Reichman University in Herzliya is setting up a venture capital fund that will invest mostly in startups founded by its graduates. The fund already has $30 million in commitments from investors which are to be allocated to pre-Seed and Seed investments in startups founded by students, even during their studies. Investors in the new […]
Is the university spin-off boom worth backing? – Investors’ Chronicle
Talk of venture capital opportunities nowadays and thoughts inevitably turn to the pioneers of Silicon Valley. But innovation doesn’t always stem from that particular hotbed of capitalism. In the UK, many start-ups begin life at some of the world’s oldest institutions: universities. Over the past ten years, the combined value of equity investment deals into […]
LaunchVT Demo Night celebrates entrepreneurs, dishes out over $100K
At Demo Night, the program’s annual pitch night and celebration of entrepreneurship, over 200 business-minded community members came at Hula on Tuesday to support the LaunchVT(link is external) 2022 cohort. To the audience and a panel of investor judges, which included Bridget Croke, John Howard, and Matthew Upton, the 2022 cohort presented their concepts. Two […]