New Bascom Ventures capital fund is premised on University of Wisconsin alumni pride
The secret ingredient to building a robust investment fund for startups might just be Badger pride. That’s the idea behind a new venture capital fund called Bascom Ventures, anyway. The 10-week-old endeavor is fundraising from University of Wisconsin alumni to create a pool of millions of dollars to go toward startups with UW alumni at […]
New State Fund Helps Commercialize Early Tech from MI Universities
University technology transfer programs in Michigan now have a new pot of money to support their efforts, thanks to a fund supported by the Michigan Economic Development Corporation. The University Early Stage Proof of Concept Fund, also known as the Advance grant program, will help move research projects and technologies developed at Michigan universities from […]
Interview with Sierra Ventures, located at U Illinois, eyeing early stage startups
Venture capital used to be a cottage industry, with very few investing in tomorrow’s products and services. Oh how times have changed. While there are more startups than ever, there’s also more money chasing them. In this series, we look at the new (or relatively new) VCs in the early stages: seed and Series A.But […]
Osage Venture Partners Closes $90M Fund
Osage Venture Partners (OVP), today announced the closing of Osage Venture Partners IV, a $90 million fund focused on investing in early-stage, business-to-business (B2B) software companies on the East Coast. OVP IV represents the latest fund executing on OVP’s decade-long strategy of backing exceptional East Coast entrepreneurs building leading B2B software companies that target large […]
Menlo Ventures raises new $450M fund to back early consumer, enterprise and ‘frontier technologies’
Silicon Valley VC Menlo Ventures has closed a new $450 million fund to invest primarily in early-stage “consumer, enterprise and frontier technologies”. The funding brings the firm’s total capital to more than $5 billion under management, while Menlo Ventures says the fund was oversubscribed with both new and existing limited partners. “Menlo’s emphasis on early-stage […]
Honeywell Launches New Venture Investment Fund Focused On Early-Stage, High-Growth Companies
Honeywell (NYSE: HON) today announced the launch of a new investment fund that will invest in early-stage, high-growth technology companies that are strategically aligned to the Company’s portfolio and software capabilities. The initial fund size is expected to be approximately $100 million and investments will be made through Honeywell Venture Capital LLC, a wholly owned subsidiary […]
New Brunswick announces $63.6 million in funding for two innovation agencies, funds
ew Brunswick’s provincial government announced that it is making significant investments into two innovation agencies and contributing money to the Innovation Voucher Fund, according to a report from Entrevestor. In the first of the two announcements, New Brunswick’s government said it is investing $63.6 million in the New Brunswick Innovation Foundation (NBIF) and the New […]
India Govt aims at job creation through venture capital funding of MSME
The state government has prepared a strategy to give fresh impetus to the small and medium scale industrial sector which is credited to play an important role in providing job opportunities and remove regional imbalances. The department of small-scale industries and export promotion is in the process of creating a dedicated venture capital fund to […]
Michigan Economic Development Corporation offers funding to stimulate startups
When it comes to entrepreneurship, the line from A to B rarely is a straight one. Therefore, the Michigan Economic Development Corp. developed a map to assist entrepreneurs at each stage to stay on track. The MEDC uses a subway map that outlines the path for entrepreneurs at each stage. The subway metaphor uses stops […]
New business angel fund to invest €30mn in Finnish start-ups
A new fund for business angels, EAF Finland, aims to improve growth by financing start-up enterprises. The fund’s 30 million euro budget comes from the Finnish Funding Agency for Innovation (Tekes) and the European Investment Fund (EIF). It was announced on Wednesday at the Arctic15 startup event at the former Nokia Cable Factory in Helsinki. […]