Carnegie Mellon University, GE Ventures team up to create $20M venture fund
Officials hope a new accelerator program and a $20 million venture fund started by Carnegie Mellon University and GE Ventures will draw the nation’s best advanced robotics firms to Pittsburgh and convince those already there to stay put. Carnegie Mellon’s National Robotics Engineering Center and GE Ventures, General Electric’s investment arm, have teamed up to […]
A new Oregon-based seed fund to help startups is in the works
The Oregon Regional Accelerator and Innovation Network (RAIN) is partnering with Portland entrepreneur and investor Nitin Rai on a new regional seed fund in an effort to close the funding gap for startups around the state. Rai will oversee what will be a regional early-stage fund. While the fund will likely be larger, between $2 […]
Newark Is Tapped for Tech Venture Fund, Accelerator
An early-stage venture fund, targeted at $50 million, and a new accelerator are coming to Newark to create a substantial technology industry. Newark Venture Partners and its sister entity, Newark Venture Accelerator, expect to start accepting startups in October; the fund’s founder is Don Katz, who also is founder and chief executive of Audible.com, an […]
Oregon State University business accelerator graduates five more startups with access to seed grants
A Corvallis business accelerator has graduated its third group of business startups and is taking applications for the next class. The Advantage Accelerator at Oregon State University is part of the Regional Acceleration and Innovation Network, or RAIN. RAIN, which also includes a business accelerator in Eugene, is intended to help promising companies get off […]
AKT IP Ventures Launches Targeted $20 Million Fund to Incubate Emerging IP-Based Tech Companies
AKT IP Ventures today announced the launch of a targeted $20 million incubation investment fund that will finance the creation and operation of IP-based businesses in the mobile, multi-touch, wearables, IoT, big data and medical technology sectors. As an incubator and operator of emerging IP-based businesses, AKT IP Ventures offers a unique, constructive and creative […]
MS Research Australia recently awards three University researchers ~$50K in ‘Incubator’ grants
Five research projects led by University staff will commence this year thanks to recent funding awarded by MS Research Australia. Additionally, one of last year’s successful grant recipients, an exercise-based treatment for the disease, has shown great promise in recent trials. MS Research Australia recently awarded three University researchers ‘Incubator’ grants. These grants provide seed […]
Techstars Closes $150 Million Fund for Early-Stage Investments
Techstars closed a $150 million early-stage fund, a much larger pool of money than it previously had, that will enable the firm to capitalize on the global network of startup founders and advisers it has built out in recent years. Techstars launched its first startup accelerator in Boulder, Colo., in 2007. Since then it has spread […]
StartX Looks To Boost Its Investment Program
The non-profit business accelerator StartX has expanded its investment staff as it looks to place more bets into graduates of its Stanford-affiliated program. Founded by a Stanford alum, housed minutes from the university’s Palo Alto campus, and operating a venture capital fund backed by Stanford money, StartX can be seen as the off campus accelerator for dozens […]
Xfund Closes $100M Fund as Venture Firms and Universities Get Cozier
[Updated, 1:05pm] Big universities are trying to figure out this venture capital thing. Should they form partnerships with specific venture firms? Should they start their own funds and incubators? How best to do that? The latest exhibit is the venture firm Xfund (originally called Experiment Fund), which is affiliated with Harvard University and says it […]
University of Cincinnat Accelerator Gets $1 Million from Ohio’s Third Frontier Program
The University of Cincinnati (UC) Technology Commercialization Accelerator has received a funding renewal of $1 million from Ohio’s Third Frontier Commission, double the amount the accelerator received in an initial round of funds from the Third Frontier in 2012. The award comes via the Third Frontier Entrepreneur Signature Program, which runs through CincyTech and will […]