Rev1 Ventures Launches $10MM Pre-Seed Fund with The Ohio State University & Ohio Third Frontier
COLUMBUS, Ohio, March 10, 2021 /PRNewswire-PRWeb/ — Today, Rev1 Ventures, the startup studio that combines capital and strategic services to help startups scale and corporates innovate, is launching Future Value Fund I (FVF), a new $10MM for-profit investment fund focused on building the Central Ohio startup ecosystem. The Fund is the company’s most significant pre-seed fund to date and the largest […]
CIT GAP Funds Makes Follow-On Investment in RoundlyX to Help Users Better Manage Digital Asset Portfolios
The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has made a follow-on investment in Richmond, Va.-based RoundlyX, a digital asset wealth management platform. Since its initial GAP Funds investment in May 2020, RoundlyX has expanded its service beyond the United States, with users now able to connect to any European or UK […]
New U.K. funding agency aims to tackle innovative research | Science
The U.K. government has released its plans for emulating the storied high-risk, high-reward U.S. funding agency, the Advanced Research Projects Agency. During the 2019 election campaign, the Conservative government promised to set up such an agency, and Prime Minister Boris Johnson’s former adviser Dominic Cummings pushed for it. Now, it has a name: the Advanced […]
Chevron’s Houston-based venture arm launches $300M fund focusing on low-carbon tech
Chevron Corp.’s investment arm has launched a $300 million fund that will focus on low-carbon technology. Chevron Technology Ventures LLC’s Future Energy Fund II builds on the success of the first Future Energy Fund, which kicked off in 2018 and invested in more than 10 companies specializing in niches like carbon capture, emerging mobility, and […]
Led by startup founders, the Midwest Fund aims to back companies at the earliest stages
A new fund is launching in the Midwest to invest in early stage startups across the region. And it’s led by a group of experienced founders who are committed to reinvesting in their startup communities. The Midwest Fund is the latest geographic-specific VC group from The Fund, a New York-based venture firm that’s previously launched funds in Los […]
Arch Grants Surpasses $20 Million Milestone In Its Sustained Impact Campaign
Arch Grants announced that it has reached a milestone in its Sustained Impact Campaign by raising $21.5 million in gifts and commitments. The Campaign will allow Arch Grants to scale its model for attracting and retaining entrepreneurs to St. Louis in an effort to drive local and regional economic development for the long-term. While Arch Grants […]
Virtual alumni pitching event opens new doors for Purdue startups during pandemic
A virtual pitching event has offered Purdue University-affiliated startups the chance to connect with potential customers and agriculture leaders during the pandemic. Fish Tank was a virtual pitching event held earlier this month during the Purdue Ag Alumni Association’s Gone Fishin’ event, the virtual alternative to its annual Fish Fry. The Fish Tank featured 12 Purdue […]
Wanted: Entrepreneurs for M2D2 $200K Challenge
The Massachusetts Medical Device Development Center seeks entrepreneurs to enter its M2D2 $200K Challenge, as the pitch competition celebrates its 10th year advancing the innovative ideas of early-stage medical device, diagnostic and biotech companies. M2D2 assists entrepreneurs in those sectors with all aspects of moving new products and technologies from concept to commercialization in order […]
U of A introduces three pilot startup entrepreneur companies
The University of Arizona Center for Innovation developed a new pilot program that is now allowing three entrepreneur teams to launch their companies into the market. The three companies are Metfora, Obanj and Dive. The three completed the university’s 8-week Arizona FORGE Advanced Entrepreneur Program (AEP), which provides early-stage entrepreneurs with education on general startup concepts and […]
Two new efforts could widen the pool of people investing directly in venture funds | TechCrunch
Venture funds have historically counted on several types of limited partners — or LPs — for their own investing capital. One of these groups is institutional investors — think pension funds, university endowments, hospital systems and the like. Another is corporations. A third bucket centers on wealthy individuals and often their family offices. It’s a fairly […]