Wanted: UNC alumni looking to invest in startups with university ties
UNC-Chapel Hill is seeking alumni, faculty members and others who are interested in investing in startups with a UNC connection. UNC announced Tuesday that it has launched the Carolina Angel Network to help startups seeking capital to develop their technology or finance their growth. Eligible startups, which can be located anywhere, must have a founder, […]
Norfolk biotech startup to get $150,000 loan from city’s new “Innovation Fund”
A startup that’s developing implantable devices to help regenerate injured tissue is the first recipient under Norfolk’s “Innovation Fund.” Embody LLC, founded in 2014, will get a $150,000 loan from the new venture-capital fund, which aims to help growing technology, science and health care companies. “We’re looking for ways to make Norfolk a more entrepreneurially […]
Berkshire invests in commercialisation of UK university research
The UK’s £1.9bn (€2.3bn) Royal County of Berkshire Pension Fund is to invest £15m in a new fund aiming to direct institutional capital into the commercialisation of UK university research. The local authority pension fund committed the £15m to the British Innovation Fund (BIF), launched on 1 December by Future Planet Capital and Milltrust International […]
Inova launches investment fund to find personalized medicine innovators
Inova Health System, the giant nonprofit hospital network serving Northern Virginia, is creating a new start-up incubator and investment program focusing on “personalized” medicine innovations. Executives say they plan to invest at least $100 million over the next three to five years making $2 million to $5 million bets on promising young companies with products […]
Israeli VC Pitango launches its 7th early-stage fund of $175M | TechCrunch
Pitango Venture Capital, one of the most active VCs in the Israeli startup scene, has announced its seventh fund, Pitango Venture Capital 7. The fund will have $175 million under management, and invest from seed upwards. The new fund focuses on IT and life science investments, specializing in enterprise infrastructure, IoT, artificial intelligence and digital […]
Campus Capital Launches £2M Venture Capital Fund
Campus Capital, a Sheffield, UK-based new venture capital firm, is launching its first £2m fund. The firm, which builds “on campus” investment funds with universities, has signed up the University of Sheffield as its first partner. It is also in talks with other northern universities and plans to roll out the model nationally. Launched by […]
New $10M fund aims to aid Wisconsin startups
Northeastern Wisconsin’s nascent startup culture will get a much-needed boost next year. A $10 million boost, to be more specific. Maybe more. The Winnebago Seed Fund wants to raise at least that much money to invest in 10 to 14 startup companies over the next four years beginning in 2017, fund manager David Trotter said. […]
How Canada can provide a powerful spark for innovation through an SBIR-like program
“Government is a big buyer with many complex challenges. Entrepreneurs with innovative solutions to these problems should have a shot at solving them, don’t you think?” This was a question asked this fall by federal Minister of Small Business and Tourism Bardish Chagger in a speech she gave to celebrate Small Business Week in Ottawa. […]
Defence innovation fund launched at Strathclyde
An innovation fund aimed at boosting developments in data-driven decision-making technologies has been launched at the University of Strathclyde. Minister for Defence Procurement Harriett Baldwin announced the £3 million Defence and Security Accelerator competition at the inaugural Maritime Enterprise Innovation Scotland Conference, in the University’s Technology & Innovation Centre. Ms Baldwin said: The Defence Innovation […]
Rainbow Seed Fund’s £200m Investment in UKs Deep Science at Universities
Rainbow Seed Fund, an early-stage venture capital fund focused on promising technologies developed at the UK’s largest publicly-funded research facilities and campuses, today announces that the fund have now leveraged more than £200m to work supporting UK’s most ground-breaking and innovative companies. Since the Fund’s inception in 2002, Rainbow Seed Fund has been investing in […]