20 new industry–academia research projects have been created through SFI’s Industry Fellowship Programme

20 new industry–academia research projects have been created through SFI’s Industry Fellowship Programme, with the help of a new €1.5m funding pool designed to stimulate knowledge transfer between academia and industry. The programme places academic researchers in companies and industry researchers in Irish Higher Education Institutes (HEIs). This round of funding has seen applicants from […]

Google Ventures Invests in Oxford University Venture Fund

Google Ventures’ European branch has invested in Oxford Sciences Innovation PLC, a company that funds spinoffs from Oxford University’s tech and science departments, a person familiar with the matter said Friday. Google Ventures is Google’s fund for early-stage tech investments. The investment in OSI is Google Ventures’ second in Europe since it was set up […]

Cisco aims to cash in on startups by growing corporate venture fund

Cisco claims that it invest in the best teams and technologies that improve how people work, live, play, and learn. The networking giant claims that it can accelerate the impact of startup innovations via direct access to Cisco customers, partners, business leaders, and Cisco IT. Cisco Investments, the venture capital unit within Cisco, is looking […]

PwC Malta’s €1m Start-up Fund attracts 87 applications

PwC Malta has received 87 applications so far for its €1 million Start-up Fund launched in mid-June 2013. This is an initiative whereby PwC Malta assists start-ups with innovative business ideas, by providing pro-bono advisory services. The fund is supported by Times of Malta. Applications are reviewed by a selection committee that meets on a […]

Drugmakers, UK start $100M venture to fund creation of Alzheimer’s drugs

Major drugmakers, the British government and a top Alzheimer’s research charity are pooling more than $100 million to create a global fund to accelerate efforts to find a treatment or even a cure for the mind-robbing disease within a decade. The new Dementia Discovery Fund will function like a venture capital fund. It will identify […]

IBM Watson Group Awards University of Texas at Austin Top Spot in Intercollegiate Competition

NEW YORK and AUSTIN, Texas, Jan. 15, 2015 /PRNewswire/ — IBM (NYSE:IBM) today announced the first winner of its Watson University Competition, part of the company’s partnership with top universities through its cognitive computingacademic initiative. The winning team of student entrepreneurs from the University of Texas at Austin will receive $100,000 in total in seed funding to help […]

Infosys beefs up innovation fund to $500 mn

Infosys will expand its ‘Innovation Fund’ five times to $500 million to provide financing to start-ups and new technologies like artificial intelligence. “I am very excited that our board has approved expanding our start-up funding firm from $100 million to $500 million and we will dedicate a part of that investing in India,” Infosys CEO […]

Merck’s venture arm invests in data security for academia, gov’t & biotech collaboration

Identity management software company Exostar  has received a $5 million investment from Merck’s venture arm to expand its healthcare and life sciences business. This centers on secure data collaboration, because big pharma – as pretty much every healthcare-related operation -needs to operate more lithely in the new world of big data. Data security’s become hugely paramount in the health […]

More companies are starting venture divisions

San Francisco startup GoodData raised nearly $26 million in a funding round Thursday, but the lead investor wasn’t a traditional venture capital firm. It was Intel Capital, the global investment organization for the Santa Clara chipmaker. More companies are following Intel’s example by setting up divisions that specialize in funding promising startups. There are more than […]