GE-backed Stanford University deep learning startup Arterys bumps up Series A to $12M+
Medical imaging deep learning startup Arterys has a major partnership with GE ($GE) and a cardio product launch teed up as part of that for this fall. Now, it’s lined up a more than $12 million Series A financing to help it transition into its next field: oncology. The San Francisco, CA-based startup had previously […]
Google’s GV leads $21M Series B in bioscience firm Cambridge Epigenetix
VC firm GV (née Google Ventures) has made another investment in Europe — its seventh — leading a $21 million Series B round for epigenetic sequencing tech company and Cambridge University spin-out, Cambridge Epigenetix. The U.K.-based bioscience company makes DNA modification analysis tools for epigenetics researchers — an emerging field of study which looks at how environmental factors and […]
Syracuse CASE Awards Three University-Industry $50,000 Grants for Collaborative Research
The Center for Advanced Systems and Engineering (CASE) at Syracuse University announced the winners of its inaugural University-Industry Seed Funding Competition. This unique program provides New York State companies with an opportunity to receive up to $50,000 in leading-edge University-based research and development with no immediate matching investment. The competition, announced in October, was open […]
3 UK Universities,GSK, Astra, J&J link on $82M Research Fund
GlaxoSmithKline, AstraZeneca and Johnson & Johnson have joined with three leading British universities to create a new STG40 million pound ($A81.75 million) fund backing early drug research.The Apollo Therapeutics Fund, which aims to improve the speed and potential of university research being translated into new medicines, is a further example of a trend by Big […]
Invent Penn State: Power of partnerships in innovation
Earlier this year, Penn State President Eric Barron unveiled Invent Penn State, an initiative to spur economic development in Pennsylvania, propelling Happy Valley into a hub for innovation. This is an audacious goal, and the announcement has created significant activity and a groundswell of optimism from those eager to get involved. Invent Penn State is […]
Qualcomm Commits Up To $150 Million to Strategic Venture Fund in India
Qualcomm Incorporated QCOM, +0.51% today announced its intention to invest up to $150 million in Indian startup companies across all stages as part of its commitment to India during a meeting with Prime Minister Narendra Modi at the Digital Economy event in San Jose. Qualcomm Ventures will advise and direct Qualcomm’s activities with respect to […]
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 […]
Top 15 Corporate Venture Funds
The shift from fully integrated pharmaceutical companies (FIPCOs) to virtually integrated pharma companies (VIPCOs) has made biopharmas more reliant on external R&D. Often, that external R&D comes from startups nurtured through the venture funds of biopharma giants. This year’s List offers three significant changes since last year’s ranking of corporate venture funds. One is the […]
U Texas/Sanofi Partnership Illustrates Biomedical Research Turning More to Private Funds
The pharmaceutical company Sanofi will fund up to $2.4 million a year in biomedical research at the University of Texas System under a deal announced Thursday, the latest in a trend toward more research funding from private industry as government research money dwindles. The university system and multinational company called the agreement a mutually beneficial […]
Ford planning significant investments in research, engineering – News – Press and Guide
It is rumored that Ford Motor Co.plans to invest $1 billion in its Research and Engineering Center campus. Unnamed real estate sources told Crain’s Detroit Business that Ford issued a request for proposal in November. Crain’s obtained a copy of the RFP which called for the creation of a 10-year master plan for the REC […]