Utah USTAR awards grants to Utah companies and university researchers
USTAR awarded seven Technology Acceleration Program grants and seven University Technology Acceleration Grants in its latest round of funding. “This round of cutting-edge technologies has potential to translate into improved monitoring systems and methods to test and validate drug and device therapies,” said Ivy Estabrooke, Ph.D., USTAR executive director. “Awardee projects span long-range wireless telemetry […]
Canadian FACIT supports cancer research translation and invests in three talented Ontario start-ups
FACIT has announced the first three investments under its new Prospects Oncology Fund for proof-of-concept development of breakthrough cancer technologies. Ontario start-ups Radialis Medical of Thunder Bay, KA Imaging of Kitchener, and DNAstack of Toronto are the first to receive capital from this new fund, illustrating the strength and breadth of the cancer research network […]
New venture fund launched – run by Singapore university students, for students
Entrepreneurship community Kairos Asean and the Singapore Management University’s (SMU) Institute of Innovation & Entrepreneurship (IIE) have launched a new venture fund run by university students for students. Called Protege Ventures, it aims to give undergraduate and postgraduate students from Singapore-based universities a shot at “practical, real-life venture capital experience” in sourcing, analysing and investing in technology-enabled […]
Toyota Invests $100 Million in Fund for AI, Robotic Startups
Toyota Motor Corp. wants to smooth the oft-bumpy ride for startup companies and maybe find a few gems to acquire by forming a new venture capital business. Armed with an initial $100 million to invest, Toyota AI Ventures will seek companies that are taking on challenging research also being pursued by Toyota Research Institute, the carmaker’s […]
IoT start-up Drayson Technologies clinches £10m to fund “cutting edge” research at Oxford University
Healthcare tech business Drayson Technologies is celebrating the close of a £10m Series C investment round led by Woodford Investment Management, which will support the business’ “ground-breaking” research deal with Oxford University and its NHS Trust. As part of the funding round, Oxford University and the Oxford University Hospitals NHS Foundation Trust (OUH) will receive […]
Florida talks a technology game but fails to fund it
The impact of Gov. Rick Scott’s veto of a line-item in the state budget last month is already rippling through the South Florida tech community. The Florida Institute for the Commercialization of Public Research was slated to receive $5.5 million to provide seed funding to startups. That was one of the $409 million in local […]
Samsung to back European start-ups with $150 million investment fund
Samsung‘s venture capital arm announced Wednesday it is expanding into Europe to invest in the continent’s start-up scene. Samsung NEXT will use a $150 million global fund raised in January to target early stage start-ups in Europe for investment or acquisition, focusing on tech companies working on artificial intelligence, the internet of things, augmented reality […]
Ottawa announces $1.2 billion Strategic Innovation Fund
Ottawa is launching a new $1.26 billion Strategic Innovation Fund that’s available across all sectors, Innovation, Science and Economic Development Minister Navdeep Bains announced today in Hamilton, Ont. The fund is intended to support four types of innovation activities, according to a government news release. Those are organized into four different streams: research, development, and […]
Light Polymers Closes $5m Series B Strategic Funding Round with Tokyo Electron and Tsingda International Venture Capital
Tsingda International Venture Capital is part of the Tsinghua Innovation Center in Dongguan (TICD), which is a joint venture fund between the Dongguan Government and Tsinghua University according to McConnaughey. Tsingda brings us a powerful partner in China to accelerate our chemistry material technologies in a number of areas. Light Polymers will set up a […]
Indiana University plots new VC fund amid agency revamp
Indiana University wants to do a better job helping startups affiliated with its community access capital, talent and office space. So it’s revamping a 20-year-old agency and gearing up to launch a new venture capital fund. Earlier this week, IU announced that it is reorganizing its Indiana University Research and Technology Corp., a not-for-profit organization […]