Google AI Fund Leads $10.5M Into Algorithmia
Google’s AI fund has made its first public investment, leading a $10.5 million Series A funding round for Algorithmia, a marketplace and enterprise solution that enables developers to tap into its catalog of 3,500 algorithms, functions and machine-learning models. According to news from TechCrunch, other participants in the round include new investor Work-Bench, as well as current investors […]
New Mexico State University’s AgSprint accelerator selects first participants
Six promising startup companies that are developing technology in all areas of agriculture have been selected for a new accelerator program at New Mexico State University’s Arrowhead Center. The AgSprint accelerator, part of the Arrowhead Technology Incubator, is a five-month venture-builder program designed to support innovation in agriculture by connecting agricultural entrepreneurs to financing, demonstration […]
Research Park Corporation incubator, venture fund generate $196 million economic impact
Research Park Corp. and affiliated organizations that include a technology business incubator and venture fund posted a total economic impact of $196 million in 2016, generated 3,100 direct and indirect jobs with a payroll of more than $83 million, officials said Thursday. State and local tax collections from those companies and jobs amounted to $11.2 million, […]
Why University City Science Center is betting big on these 3 health projects
Three promising technologies that seek to improve the efficacy of medical care earned a big boost from the University City Science Center on Monday, with a total of $600,000 in research grants announced through the center’s QED Proof of Concept Program. Preoperative planning and alignment of long-bone fractures may be improved, and then surgeries go […]
Embry-Riddle Aeronautical University with FireSpring Fund to Invest $1 Million Toward Innovation and Job Growth
FireSpring Fund, a nonprofit accelerator of early-stage technology companies in Central Florida, has been selected by Embry-Riddle Aeronautical University to receive $1 million to invest in promising new technology companies to help jump-start a thriving Volusia County-based innovation corridor. “Embry-Riddle is committed to giving back to the local community by partnering with forward-thinking organizations like […]
StartUP FIU Pitch Day brings early-stage ventures to investors
More than 300 came out to StartUP FIU’s first-ever Pitch Day on Tuesday, where entrepreneurs were given the opportunity to present their ideas to a group of angel investors and venture capitalists. Of the startups that took the stage, five were invited to continue in investor discussions The companies include: Bid Aero, a sourcing and […]
Florida Institute Funds carbon capture technology
The Florida Institute for the Commercialization of Public Research (the Florida Institute) announced today that it has finalized a funding agreement with Partnering in Innovation, Inc. (Pi-Innovation), an Orlando-based company with technology developed at NASA Kennedy Space Center. The Florida Institute supports new company creation based on publicly-funded research, and bridges early funding gaps for […]
UWaterloo’s Velocity Garage achieves largest free startup incubator status
The University of Waterloo celebrated the official opening of the expanded Velocity Garage, making UWaterloo home to the largest free startup incubator in the world. Now occupying 37,000-square-feet, the Velocity Garage offers workspace for up to 120 startups to work and collaborate, as well as business mentorship, equipment and a vibrant startup community. The expanded […]
Alumnus seeds Swartz Center thats poised to draw innovation at CMU and in Pittsburgh
Carnegie Mellon University’s “hub for entrepreneurship,” the Swartz Center for Entrepreneurship, got its official start Tuesday in the best possible way — surrounded by CMU innovators hoping to take their companies to the next level. James Swartz, the co-founding partner of Accel Partners, a venture capital firm that has helped fund some of the country’s […]
Nevada’s Sierra Angels program will help incubate University-based projects
The Sierra Angels, Nevada’s premier, early-investor funding group, is launching a new program and fund to help incubate ideas and projects created through the University of Nevada, Reno that have potential for reaching the marketplace. The recently created Sierra Innovations and its Entrepreneur Fund will facilitate the development of successful innovation-based, scalable startup companies in […]