U.S. Department of Commerce gives $300,000 for Oregon business start-ups
Regional Accelerator and Innovation Network, the collaboration of government, businesses and universities formed to help create companies and jobs, has received $300,000 in federal funds to help new businesses. The U.S. Department of Commerce on Thursday announced the funding through its Regional Innovation Strategies program. RAIN said it will use the money to create the […]
New venture capital fund launches at John Hopkins
Contrary Capital, a university-focused venture capital fund, officially launched on Monday at 55 colleges across the country, including Hopkins. Contrary works with 100 students to find start-ups and projects within their university communities in which they can invest. Venture capital funds like Contrary Capital typically manage the money of private individuals by investing in emerging […]
Salesforce (CRM) Unveils $50M Fund for AI-Focused Start-Ups
Making the very first anniversary of Salesforce Einstein special, Salesforce.com Inc. ‘s CRM investment arm venture – Salesforce Ventures – announced a $50-million fund to invest in start-ups focused on artificial intelligence (AI). Per the company, Highspot, Squirro and TalkIQ are the first recipients of this funding. AI: A Hot Trend in Tech Space AI has become a global […]
Ambitions To Elevate The Northwest’s Venture Capital Game
Big names in Northwest business are coming together to deepen the financing pool for the next great tech startups. Microsoft and Madrona Venture Group want to integrate the venture capital communities of Seattle and Vancouver, BC. Microsoft president Brad Smith described ambitions to compete better with Silicon Valley and Boston. “If you talk to people […]
Corporate venture in Brazil gains steam as giants amp up startup investments
What a difference one year makes. Since showing noteworthy signs of a maturing tech ecosystem last summer, corporate venture in Latin America has begun to crescendo in just 12 months, led by Brazil. According to LAVCA’s 2017 Latin American Startup Directory, of the 144 early-stage tech companies that received $1 million-plus in funding over at least two […]
Hong Kong launches HK$2 billion fund to support tech start-ups
The government said on Friday it is inviting venture capital funds to apply to become co-investment partners of the new Innovation and Technology Venture Fund (ITVF). “The ITVF will help fill the funding gap for local technology start-ups. We are confident that having this new fund will be conducive to developing a more vibrant Hong […]
Swinburne University and IIM announce graphene smart composites project
Imagine Intelligent Materials and Swinburne University have announced a collaborative six-month project aiming to develop graphene-reinforced smart composites. The composite will be able to report on the condition of large structures, and will have major commercial potential in the transport sector, including automotive and aerospace. The project is supported by a $20,000 Seed grant from the university […]
These 5 health startups just entered M-1 Ventures’ first cohort
The first sessions of an accelerator focused on health and fitness startups are being held this week at Johns Hopkins‘ FastForward East space. M-1 Ventures kicked off Tuesday with a cohort of five companies. The following companies were selected to participate, according to the accelerator: BurnAlong An Owings Mills–based startup developing a video platform allowing people to remotely link to […]
Purdue startup developing restorative oxygenation wound dressings receives $30,000 investment
A medical device startup commercializing a Purdue University innovation that delivers localized oxygen directly to wounds to promote and accelerate healing has received a $30,000 investment from a Texas health care seed accelerator. Mednoxa Inc., which has developed an over-the-counter restorative oxygenation wound dressing for ulcer and wound healing, was among nine health care companies selected to receive […]
University of New Mexico Spinout Aims to Develop Nanopore Sequencing Technology, supported with $1.5M from Catalyst Fund
In August, the firm received $1.5 million in seed investment from New Mexico’s Catalyst Fund. The nanopore technology will be based on work from several UNM researchers: Steven Brueck, a professor of electrical and computer engineering at UNM’s Center for High Technology Materials with an expertise in nanofabrication; Yuliya Kuznetsova, a research assistant professor whose […]