StartUP FIU Pitch Day brings early-stage ventures to investors
More than 300 came out to StartUP FIU’s first-ever Pitch Day on Tuesday, where entrepreneurs were given the opportunity to present their ideas to a group of angel investors and venture capitalists. Of the startups that took the stage, five were invited to continue in investor discussions The companies include: Bid Aero, a sourcing and […]
Center for Innovative Technology (CIT) releases 2016 annual report on research commercialization and funding
The Center for Innovative Technology announced the release of the Commonwealth Research Commercialization Fund annual report for FY2016, which tracks the Fund’s investments in high-potential initiatives throughout Virginia. Outcomes reported in FY2016 by Fund awardees identify early returns on the Commonwealth’s investments. The CRCF was created by the Virginia General Assembly to accelerate innovation and […]
RBC Invests $1 Million in University of New Brunswick’s TME Program
The funds will be distributed in the form of the RBC Innovative Action Fund and will support various elements of the TME program, including its pitch competitions, Lunch and Learn lecture series, mentor in residence program, a leadership conference, meeting space, and a number of funds aiding student startups. “We are incredibly proud of this […]
Tyson Launches Venture-Capital Fund – WSJ
Tyson Foods Inc. is launching a venture-capital fund to invest in high-tech products and services that could help refresh its stable of products, which include chicken, hot dogs and hamburgers. The Springdale, Ark., meat giant hopes the $150 million fund, which started on Monday, will pick successful startups from among a crowd of companies experimenting […]
Psst, Rowan has a $5M venture fund
The venture fund is an outgrowth of the late Rowan’s transformative gift of $100 million in 1992 to what then was Glassboro State College. The money has remade Rowan (renamed for its benefactor) which operates two medical schools, and has attracted high-caliber faculty to its engineering program. Bridging off of its good fortune, Rowan president […]
University of Chicago Investing $25M From Endowment Into Its Own Startup Companies
The University of Chicago is pulling $25 million from its endowment to back business ideas from faculty, students and alumni. The university on Friday announced it will tap into its $7.1 million endowment to provide funding for startup companies founded or that include people from the university or ideas developed on the Hyde Park campus. […]
St. Louis venture fund. RiverVest Venture Partners, makes $15 million bet on its hometown
When RiverVest Venture Partners opened its doors in 2000, hopes were high that it would be an important funding source for St. Louis’ nascent biotechnology industry. RiverVest went on to be a highly successful venture capital firm, managing $290 million and demonstrating a knack for identifying health care startups that would later go public or […]
RiverVest Venture Partners Closes on $15 Million Biopharma Pre-Seed Fund – RiverVest Venture Partners
Life sciences venture capital firm RiverVest Venture Partners today announced the closing of Archer Seed Fund, L.P. at $15 million. Archer will invest modest amounts of pre-seed and seed funding in about 10 early-stage biopharmaceutical companies, according to RiverVest Managing Director John McKearn, Ph.D. The fund’s investment opportunities will be primarily sourced from business incubators […]
BMW increases size of venture capital fund by 400% to $530 million
BMW AG plans to boost its investments in start-ups, as competition intensifies with new rivals including Tesla Motors Inc. over technologies that make cars smarter and more energy efficient. The i Ventures division will be moving its headquarters from NY to Silicon Valley and it will also be allowed to operate with more autonomy. Its […]
State Investing to Make Connecticut More Attractive to Tech Startups
ROCKY HILL _ The state’s venture capital fund, prodded by investors suggesting a new direction, is scouting for high-tech funds where it can invest public money to broaden its network of technology-based startups. Connecticut Innovations, which invests in startup bioscience, medical equipment and other high-tech companies, is responding to entrepreneurs, investors and others urging a […]