Sequoia veterans plug a venture gap with $300 million fund for midwest start-ups, university tech
As Silicon Valley venture capitalists, Chris Olsen and Mark Kvamme were reluctant to visit “flyover country” to do deals. Now they’ve gone native and see the Midwest as the land of opportunity, setting up shop in Columbus, Ohio, with Drive Capital, a planned $300 million venture fund. That’s good news for Chicago startups. Early stage […]
SD Innovation Partners invests in SDSU technologies
As the world around us becomes more crowded and complex, the human population faces increasingly difficult challenges, particularly in the areas of health care, food supply and energy. A host of innovative and disruptive technology-based solutions devised by researchers all over the world will be required to overcome those challenges. Perhaps not surprisingly, some of […]
Kyoto University sets up $60 million fund for Asian start-up investment
Japan’s second largest university has set its second venture funds worth $60 million in the region and possibly across the country. Through the Kyoto University Venture Fund (KUVF), the university will fund business initiatives proposed by its faculty and alumni members or “relevant persons who have significant potential synergy with the University, into viable ventures.”
Innovate NY Fund supports $1.4M investment in Intrinsiq Materials
The Cayuga Venture Fund of Ithaca is the lead investor in a $4.1 million funding round for Intrinsiq Materials, a Rochester-area start-up developing conductive inks for the printed electronics industry, Intrinsiq announced Monday.
North Carolina to grant $1.2M from pilot start-up fund next year
Early-stage startups in the Charlotte area now have a new potential source for funding: Innovation Fund North Carolina, a pilot program planning to award up to $1.2 million in grants and loans to high-tech startups around the state over the next year.
Venture Investors LLC raises $80M fund, will invest in university technologies
Venture Investors LLC, the largest and oldest Wisconsin-based venture capital company, will announce Sunday it has $80 million in commitments for a fifth venture capital fund. The Madison firm fell short of the $150 million it set out to raise, but was able to secure more than half of its goal in a challenging venture capital […]
Stanford makes $3.6M investment in student incubator, venture fund
Stanford’s StartX program received a $3.6 million grant and announced the formation of the StartX Fund, which will support Stanford entrepreneurs as they develop ideas and bring products to market. StartX is a nonprofit startup accelerator that provides student entrepreneurs with education and training, professional connections, housing, office space, cash stipends, advice, and mentorship. It is a […]
Harvard opens office space for a venture capitalist
With preppy good looks and a casual confidence, Hugo Van Vuuren moves effortlessly among the student body at Harvard University, holding court with undergrads in the Yard or in a Harvard Square coffee shop. But Van Vuuren, 29, is not a student, or a faculty member. He is a venture capitalist with campus office hours.
Angel investors plan to increase investments
Most early-stage or “angel” investors say they plan to maintain or increase the number of start-up investments they make next year, and many have their sights set on a few booming industries, according to a new poll. Compared to this year, one in four angel investors expect to increase both the number of deals and […]
University of Malta to open incubator, contemplating proof of concept fund
The University of Malta has taken over two floors of the Computer Science building to use as an incubator where star students from its entrepreneurship programme can get breathing space from overheads for their start-ups.