Cascade Seed Fund raising sixth fund to invest in more Pacific Northwest startups
Early-stage entrepreneurs in Oregon and the Pacific Northwest have a new source of funding available. Cascade Angels Fund today announced that it is rebranding as Cascade Seed Fund, which just raised $5.4 million for an initial close of its sixth fund. The Bend, Ore.-based firm aims to make an average investment of $250,000 in young tech […]
University of Arizona venture fund backs local laser startups
UAVC, the University of Arizona’s in-house venture capital fund, has invested in three new laser companies recently spun out of the Tucson institution. Between them the three companies to win backing – DeUVe Photonics, CThru Lasers, and Wavelength Unlimited Technologies – are looking to cover almost the entire breadth of the optical spectrum. DeUVe is […]
Partners pours $80M into investment funds for digital tech, AI, life sciences
Partners HealthCare has created two new investment funds to support innovation in the realms of artificial intelligence, digital technology and pre-clinical life sciences, the Boston-based health system announced Oct. 21. The Artificial Intelligence and Digital Translation Fund boasts initial funding of $30 million over five years. It will be used to back Partners’ active vendor […]
Biomedical startups seek funding at Lundquist Institute’s 6th annual Innovation Showcase
A gene therapy that relieves pain; a device to diagnose ear infections in children; a virtual reality microscope that allows doctors to see 95% more of a cancer cell. These are just some of the state-of-the-art medical advances, currently under development, that were featured by 24 startup companies this week at the sixth annual Innovation Showcase, […]
NC Biotech Center awards $1.4M in grants, loans; portfolio startups raise $16.5M
The North Carolina Biotechnology Center awarded 18 grants and loans totaling nearly $1.4 million to bioscience companies, universities and non-profit organizations in the first quarter of its 2019-20 fiscal year. The awards, made from July 1 to Sept. 30, will support life science research and technology commercialization throughout North Carolina and help companies attract follow-on funding from […]
Fulcrum Global Capital partners with Kansas State University
Kansas City-based Fulcrum Global Capital will open an office in the K-State Office Park in Manhattan, adjacent to the Kansas State University campus, as part of a strategic partnership. Fulcrum Global is a venture capital fund that was founded in early 2019 by Duane Cantrell, Kevin Lockett and John Peryam. They all formerly worked for the Kansas Bioscience Authority, which made […]
WVU officials hope new program creates entrepreneurs, innovation
The West Virginia University’s John Chambers College of Business and Economics is hoping the new Vantage Ventures program on campus is the first step in creating a new Mountain State economy driven by entrepreneurship and innovation. The program has four focuses: healthy, security, energy and sensory. The entrepreneurs and companies are supported by mentors, executives […]
UC Berkeley SkyDeck and Amazon Alexa Fund and Alexa Fellowship Announce Program to Foster New Innovations in Voice Technology
Berkeley SkyDeck and the Alexa Fund will work together with early-stage startups, mentoring them as they build and develop next-level ideas in voice technology. SkyDeck will actively seek and encourage startups focused on voice technology to apply for their Spring 2020 Cohort. “We are thrilled about this opportunity to work with Amazon and the Alexa […]
Univ. of Delaware tech incubator wins federal grant
A technology incubator in Delaware is getting support from the Small Business Administration (SBA). The University of Delaware’s Blue Hen Proof of Concept program launched in 2016. It connects First State tech startups with funding streams if they can prove their technology has a commercial application. The program has so far given more than $1 […]
New $75 million VC fund aimed at health care to be run from Ann Arbor
Venture Investors LLC, a Madison, Wis.-based venture capital firm with an Ann Arbor office and a strong local presence, plans to announce Monday that it has closed on its latest fund, the $75 million Venture Investors Health Fund VI LP. “In our prior funds, we invested in a mix of health care and technology. For […]