Early stage digital health companies get some love from Maryland TEDCO fund
Vheda Health, a digital health company that seeks to help people with chronic conditions, is one of a handful of healthcare startups that have received backing from a commercialization fund from Maryland’s Technology Development Corp. They were part of a list of 15 companies that received $1.5 million. It follows a funding allocation from earlier […]
University City Science Center receives million dollar grant to accelerate growth of new companies
Penn’s University City neighbor wants to facilitate startup development — and the federal government has taken note. The United States Economic Development Program, a government agency aimed at supporting sustainable job growth and the construction of durable regional economies, awarded the University City Science Center a million dollar grant to support its Phase 1 Ventures […]
Two New $10 Million Australian Startup Funds Make It To Tax Free Status
Two Australian venture capital funds have gained sought-after recognition from the Federal Government for their support to local startups. Startup accelerator BlueChilli has been named as the newest Registered Early Stage Venture Capital Limited Partnership (ESVCLP) by the Department of Industry. It is one of only 10 funds to gain such recognition since 2007. ilab, […]
Alumnus creates investment fund that targets startups from Rensselaer Polytechnic Institute
Jeff Stewart, an entrepreneur who has founded several technology companies, is starting a fund to grow early-stage businesses developed by faculty, alumni and students at Rensselaer Polytechnic Institute in Troy, New York. Stewart, currently the chief executive office and co-founder of Lenddo, a New York City technology company, is an alumnus of Rensselaer, a private […]
University of Iowa start-up VIDA attracts $2.5M in funding
A Coralville-based medical software start-up born out of the University of Iowa has attracted $2.5 million in funding. Vida Diagnostics said Wednesday that it has received $2 million in funding from Next Level Ventures, a Des Moines venture capital firm created to invest in Iowa companies. That investment comes on top of a $500,000 loan […]
Venture capital fund invests in ASU startups to stimulate Arizona economy
Successful SkySong-based startup Bosse Tools has received a major investment of $200,000 from the Maricopa County Manufacturing Venture Fund to ramp up production of its line of ergonomically designed tools. The venture fund was developed by the ASU Foundation for A New American University, thanks to a $1 million grant from the Maricopa County Industrial […]
Maryland Investment Fund Announces $600,000 Growth Investment in Motionsoft
The Maryland Venture Fund (MVF), the equity investment arm of the Maryland Department of Business and Economic Development (DBED), has invested $600,000 in Rockville-based Motionsoft, a leading provider of SaaS member relationship management software (MRMS) and payment services for the health and fitness industry. Annapolis, Maryland (PRWEB) October 20, 2014 The investment comes as part […]
Oregon BEST Funding Will Speed Cross Laminated Timber Manufacturing in Pacific NW
PORTLAND, Ore. At the Wood Solutions Fair, Oregon BEST today announced a new round of commercialization funding that will team southern Oregon-based DR Johnson Lumber Co. with Oregon State University researchers to determine how a new engineered building material made from lumber might catapult Oregon wood products to the forefront of construction innovation and […]
UConn’s ‘hearty startup’ gains attention, funding
When he enrolled in UConn’s biomedical engineering graduate program in 2005, Eric Sirois wasn’t thinking about a career in business. But an entrepreneurship class that helped him better understand how to commercialize the heart valve implant he’d been developing changed that. These days, Sirois, CEO of Dura Biotech, a startup participating in UConn’s Technology Incubation […]
Raze Therapeutics launches with $24m in Series A financing
Cambridge-based Raze Therapeutics announced its launch Monday, adding that it has closed on a $24 million Series A financing. Investors in the Series A financing include Atlas Venture, MPM Capital Management, MS Ventures, Partners Innovation Fund, Astellas Venture Management, and Novartis, the Raze press release said. Atlas partner Jason Rhodes is Raze’s acting chief executive. […]