Mayo Clinic, ASU collaborate to seed and accelerate research
In Silicon Valley, investors flock to back potentially disruptive new technology and apps — even if they are still in development. But the funding landscape is a little different for health research. Although novel ideas have great potential to radically improve health care and medicine, funding agencies usually choose to fund well-established research. This can […]
CoMotion-funded Health tech startup spins out of Univ. of Washington, aims to make surgery more efficient with data science
The University of Washington added yet another startup to its growing list of spinouts Monday: Perimatics, a health technology company that offers data science-based software solutions for hospitals. The company was co-founded by Kalyani Velagapudi, a Microsoft vet and founder of Bellevue, Wash.,-based analytics and data consulting firm Winigent, and Bala Nair, a UW professor who invented the company’s Smart […]
New U Wisconsin-Madison WARF Accelerator Program gives promising IP a boost, sells a portfolio spinout
The recent sale of a UW–Madison spinoff that promises to increase efficiency and reduce antibiotic use in making fuel ethanol marks a victory for UW–Madison technology, says Greg Keenan, manager of the Accelerator Program (AP) at the Wisconsin Alumni Research Foundation. AP is designed to make it easier for companies to license patents held by […]
Z21 Innovation Fund to accelerate University of Southampton Web startups
Funding is being made available for projects at the University of Southampton capitalising on the growing potential of the Web through the new Z21 Innovation Fund. The fund, a collaboration between the University of Southampton and the Solent Local Enterprise Partnership (LEP), launched yesterday with an event at the University’s Highfield Campus during Global Entrepreneurship Week that saw representatives […]
Utah grants aid startup firms through ‘valley of death’ period
For startup companies, the difference between success and failure may be simple to identify — generating the capital needed to keep the lights on while developing a product for market. But finding that funding is often tenuous and challenging. “There’s this ‘valley of death’ when you’re trying to raise money and go to market,” according […]
Microsoft sponsoring free startup accelerator in northeast Wisconsin
Microsoft Corp. and others will sponsor a free accelerator program from Milwaukee-based gener8tor to fuel the growth of 10 northeastern Wisconsin startups each year, gener8tor announced in a news release Wednesday. Microsoft is sponsoring gBETA, a free version of gener8tor’s nationally ranked accelerator program that provides mentorship and coaching to startups. “Emerging companies need more than […]
Partners HealthCare raises $171 million to invest in early-stage life science companies
Partners HealthCare System announced today the closing of $171.1 million in capital to invest in early-stage life sciences companies, which are a critical segment of the state’s innovation economy. The funds raised include $66.1 million in outside capital for Partners Innovation Fund II and a $105 million commitment from Partners institutions to Partners Innovation Fund. […]
Utah USTAR innovation center aimed at seeding aerospace startups
The Utah Science, Technology and Research Initiative, the state’s tech-focused economic development agency, will open the doors Friday on a new facility near Hill Air Force Base aimed at seeding new, Utah-based aerospace and innovation companies. The USTAR Innovation Center, located in Falcon Hill Research Park, can house multiple tenants, has co-working space and comes […]
Frazier Healthcare Partners raises $419M for life science venture fund, signaling huge interest in health investment
The U.S. healthcare system faces a myriad of challenges today, including uncertainty over federal regulation and shifting payer systems. You might expect that environment to give pause to many investors. But if Frazier Healthcare Partners’ latest round is any indication, investors aren’t wary of the health space — in fact, they’re chomping at the bit to get […]
Lockheed Martin places big bets on defense start-ups
When Chris Moran took over the internal venture fund of Lockheed Martin in June 2016, the nation’s largest defense contractor had already been investing in start-up technology companies for nine years. More than $100 million had been invested in 22 separate companies since the fund launched in 2007. But Moran, as the new executive director and general manager of […]