Intel Launches $1 Billion Fund to Build a Foundry Innovation Ecosystem–invest in disruptive technologies
Intel today announced a new $1 billion fund to support early-stage startups and established companies building disruptive technologies for the foundry ecosystem. A collaboration between Intel Capital and Intel Foundry Services (IFS), the fund will prioritize investments in capabilities that accelerate foundry customers’ time to market – spanning intellectual property (IP), software tools, innovative chip architectures and advanced packaging […]
University of Minnesota, Optum, Other Med
A group of major medical device manufacturers have joined a new initiative to bolster the security of their equipment amid a “growing number of cybersecurity threats.” The University of Minnesota said its Center for Medical Device Cybersecurity would allow academia, government, and industry to collaborate to help ensure the safety and security of increasingly advanced […]
FORD’s Innovation Center set to support 8200 Impact accelerator program
The FORD Innovation Center, with the support of the FORD Fund in Israel, has announced that it will support the 8200 Impact accelerator program and its startup community. It is understood that FORD will help entrepreneurs develop technological solutions to social and environmental challenges. Over six cohorts, 8200 Impact companies have raised more than $58 […]
Nestlé launches largest R+D Accelerator for food and drink innovation
It is part of Nestlé’s global R+D Accelerator network, launched in 2019, which provides a unique platform for startups, students and Nestlé intrapreneurs to speedily bring highly differentiated innovations to the market.The internal and external teams have full access to Nestlé’s state-of-the-art infrastructure and unmatched science, technology and business expertise. Using early trends, differentiating technologies and scientific […]
LG Electronics Launches Innovation Center To Accelerate New Business Creation
LG Electronics has formed LG NOVA, its new Silicon Valley-based innovation center, tasked with creating a collaborative ecosystem to accelerate the growth of new ideas that embody LG’s innovation for a better life philosophy. Powered by the LG brand and resources, LG NOVA will partner with startup and entrepreneur communities to scale up ideas and concepts to its […]
Huawei to invest US$100 million in Asia Pacific startup ecosystem over 3 years – Huawei
Huawei announced its plan to invest US$100 million in startup support at the inaugural HUAWEI CLOUD Spark Founders Summit, which took place simultaneously in Singapore and Hong Kong. Huawei said the investment would go towards its Spark Program in the Asia Pacific region, which aims to build a sustainable startup ecosystem for the region over […]
Wells Fargo Innovation Incubator selects five early-stage sustainable indoor agriculture companies
Global food demand is anticipated to grow by 60 percent within the next 30 years. To meet the demand sustainably, theWells Fargo Innovation Incubator(IN2), a technology incubator and platform funded by the Wells Fargo Foundation and co-administered by the U.S. Department of Energy’sNational Renewable Energy Laboratory(NREL), today announced that it has selected five new startups […]
UCF Researchers Awarded SEED Funding to Investigate Nano and Digital Technologies
ive UCF researchers have been awarded more than $450,000 in SEED funding thanks to a new collaboration between the UCF Office of Research and the international nano and digital technology research and development company imec. Researchers from the College of Engineering and Computer Science, College of Optics and Photonics, College of Sciences, and College of Medicine are expected to commence […]
Chicago startup Rheaply raises $2.2M from Microsoft climate fund, MIT
Rheaply, a Chicago startup that specializes in recycling and sourcing unused items, has raised new funding from Microsoft and MIT. The startup, led by CEO Garry Cooper, landed $2.2 million from Microsoft’s Climate Innovation Fund and MIT Solve’s investment arm, Solve Innovation Future. Founded in 2015, Rheaply has set out to strengthen the “circular economy,” a term […]
Wyss Institute initiates industry partnership to facilitate brain-targeted drug delivery
Today, the Wyss Institute for Biologically Inspired Engineering at Harvard University announces that it is collaborating with multiple industry partners to discover more effective approaches to deliver drugs across the blood-brain barrier (BBB) for the treatment of brain diseases. The main goals of the initiative will be to identify transport target proteins in the BBB […]