Celgene Donates $100K to Rutgers’ TechAdvance® Gap Funding Program
Rutgers University’s TechAdvance Fund, a proof-of-concept fund created through the university’s Office of Research and Economic Development (ORED) to advance early stage Rutgers technologies toward commercialization, received $100,000 from Celgene Corporation, marking the first corporate donation since the program’s inception in June 2017. “The TechAdvance program serves as a catalyst to move Rutgers inventions beyond […]
Healthcare startups to participate in business accelerator program
South Louisiana welcomes ten companies from across the United States to participate in a healthcare-focused business acceleration program, Accelerate South. For the next four months, a host of healthcare partners, investors and subject matter experts will assist the selected companies to identify challenges and opportunities while strategically helping to move their business forward. Acadian Companies, […]
Rhode Island Foundation awards $340K in grants to medical research projects
Sixteen medical research projects will benefit from nearly $340,000 in seed funding from the Rhode Island Foundation. The grants are intended to further study of Lyme disease, diabetes, stroke, cardiovascular disease and cancer, among other disorders and conditions. Foundation funding for the projects is expected to help researchers win larger funding from national sources. Some […]
Aberdeen University-linked accelerator programme produces 14 new enterprises
A business accelerator for university and college students, staff and graduates has concluded at the Aberdeen ‘Centre for Entrepreneurship’ and has produced 14 business innovators that are ready to take their businesses to the next level. Launched by Elevator, the accelerator sought to bring together aspiring business leaders from the higher education sector and immerse them […]
UC Berkeley Gastrointestinal Gene Therapy Biotech DNAlite Therapeutics Raises $1.5M in Seed Funding
DNAlite Therapeutics, Inc., an early stage preclinical therapeutic company has raised $1.5 million in a seed-stage financing. DNAlite was founded by UC Berkeley graduates Mubhij Ahmad and Timothy Day in 2016. The proceeds of the round will be used to continue development of gastrointestinal tract gene therapy treatments for patients who suffer from genetic intestinal […]
StreetLight Data raises $10 mln from Osage University Partners
StreetLight Data, Inc., the mobility analytics company that brings real-world travel patterns to light, today announced that it has closed $10 Million in Series C funding. StreetLight Data’s proprietary solution, StreetLight InSight, is an online SaaS tool designed for Smart Cities and the transportation industry. StreetLight InSight combines big data with processing and industry-targeted analytic […]
Nationwide venture fund makes second strategic startup investment in U College London spinout
Nationwide Building Society has participated in a $1.8 million seed funding round for a GDPR-compliant data sharing startup spun out of University College London. Founded just 18-months ago, Hazy’s online platform automatically anonymises datasets shared between business entities, using AI to sniff out personal data buried in files. GDPR legislation means that use of anonymisation […]
NUI Galway medtech accelerator returns
The NUI Galway-hosted medtech accelerator BioExcel is open for entries for its 2018/2019 cohort. The programme allows participants to build and commercially validate their technologies by working with existing entrepreneurial networks, mentors and management team. Funded by Enterprise Ireland, Western Development Commission, Galway University Foundation, Bank of Ireland seed and early stage equity fund, BioExel […]
Emerging source of innovation funding?Penn State University launches new donor-advised fund
Penn State has partnered with TIAA Charitable to provide alumni and friends with a leading-edge, donor-advised fund, the Penn State Giving Fund, which they can use to enhance their overall philanthropy while supporting the University. Donors can open a Penn State Giving Fund beginning today. “The University is enthused to partner with TIAA Charitable to […]
Michigan MTRAC Innovation Hub awards $700,000 for advanced transportation projects
Three autonomous driving technologies are among 10 projects to receive approximately $700,000 in investments from the University of Michigan MTRAC Innovation Hub program. The Michigan Translational Research and Commercialization statewide Innovation Hub for Advanced Transportation is backing the products that have potential to reach the transportation market, the program announced Monday. The MTRAC program is […]