Purple Arch Wants to Back More Northwestern Alumni Startups With 2nd Fund
Purple Arch is a venture fund for Northwestern alumni, by Northwestern alumni. And the young VC firm is already raising its next fund to back more entrepreneurs that bleed purple and black. Purple Arch, founded in 2016, closed its first fund last year. The $5 million fund backed 20 Northwestern University-affiliated startups, including Chicago startups like […]
Sony Research Award Program Continues in Third Year Promoting Innovation and Technological Development with U.S. and Canadian Universities
Sony today announced the continuation of the Sony Research Award Program, an academic awards program to provide U.S. and Canadian universities funding for emerging and innovative technology research projects in collaboration with Sony’s own research division. “Sony established the Research Award Program in 2016 to foster relationships with academic institutions and to spearhead advanced research […]
Three new government-supported accelerators to boost Victorian startups
More than 170 Victorian startups will benefit from a $13.45 million investment by the state government to establish three new startup accelerators. As part of the LaunchVic funding round, two Australian teams – SBE Australia and Skalata Ventures – will establish and operate accelerator programs exclusive to Victoria. Techstars, an international organisation, is also in the early stages […]
ATAMI Launching pad: Expansion boosts Oregon State U incubator for high-tech mfg startups
The Advanced Technology and Manufacturing Institute is primarily a research facility, but for the moment the people in lab coats may be outnumbered by the people in hard hats and safety vests. A major expansion is underway at ATAMI, an academic-industrial research center and business incubator run by Oregon State University and housed in an […]
U.K.-based IQ Capital announces $165 million fund for early-stage transformative startups
U.K.-based venture capital (VC) firm IQ Capital has announced a new £125 million ($165 million) fund to invest in transformative startups that focus on artificial intelligence (AI) and other forms of disruptive “deeptech.” Cambridge-headquartered IQ Capital launched in 2006 with an inaugural £25 million ($33 million) fund, followed nearly a decade later by a £50 million ($66 […]
Largest Startup Class Yet Enters UC Berkeley’s Expanding Accelerator
More than a hundred startup teams are beginning a training and mentoring program this month at the Berkeley SkyDeck Accelerator—the largest group ever accepted to the UC Berkeley program since it was founded in 2012. Aside from the funding, free office rent, and other resources offered by the startup accelerator located near the edge of the Berkeley […]
Trolley Venture Partners raises $4 million to invest in central Virginia startup companies
A new investment fund has been created to provide financial backing for early stage business ventures in central Virginia. Trolley Ventures said it has closed an initial fundraising round with $4 million raised. The partnership plans to immediately start making investments in promising, early stage companies in the region. “There is no shortage of companies […]
Oracle selects 5 startups for Israel accelerator program
Oracle today announced the second cohort of startups for the company’s six-month Oracle Startup Cloud Accelerator program in Tel Aviv. Oracle’s Startup Cloud Accelerator provides enriching, collaborative partnerships to enable next-generation growth and drive cloud-based innovation for startups throughout their journey. Managed by members of Oracle’s R&D team, the Oracle Startup Cloud Accelerator provides mentoring […]
TMC Innovation Institute Selected to Accelerate Innovation for Health Security, Medical Care
The Texas Medical Center’s Innovation Institute is one of eight accelerators selected by the U.S. Department of Health and Human Services (HHS) to drive advancements in lifesaving medical technologies that solve challenging problems from modern health security threats to daily medical care issues. The TMC Innovation Institute is a unique learning environment aimed at impacting […]
University of Toronto accelerator affiliate shoots for the starry-eyed entrepreneurs
For a Toronto-based innovation accelerator, the final frontier is the next frontier. The Creative Destruction Lab, an accelerator affiliated with the University of Toronto, is now calling for applications specifically from starry-eyed entrepreneurs with space-focused startup ideas. And the new stream already has some star power behind it ― they’ve enlisted Canadian astronaut Chris Hadfield […]