Johnson & Wales University and Angel Fund Announces The Food Innovation Nexus: a Venture Towards Therapeutic Breakthroughs in Healthy Food and Medicine
Johnson & Wales University (JWU), a world-renowned culinary educator, is no stranger to food innovation. Today it is announcing its newest venture to spur therapeutic breakthroughs at the intersection of healthy food and medicine: The Food Innovation Nexus (FIX). In partnership with three product development entrepreneurs, Michael Allio, Steve Lane and Ken Levy, The FIX […]
Why Money Is Rushing Into Venture Capital from University Endowments
Venture capitalists may be storing up supplies for winter. With VC fundraising on track for its best year since the dot-com era, some investors say there’s a rush to raise cash before it disappears. Paul Hsiao, an investing partner at Canvas Ventures, said one reason the firm raised its latest fund sooner than planned was to avoid a “correction” […]
GE Healthcare to invest up to $50 million in start-up accelerator programme
GE Healthcare, the $18 billion healthcare technology division of General Electric Co., will provide funding of up to $50 million for global start-ups under its new accelerator five.eight programme, aimed at improving affordable healthcare in emerging markets. The company said on Friday that it would potentially invest up to $5 million per start-up to commercially […]
3 Leading Bay Area Research Universities to Partner in $600M Chan Zuckerberg Medical Science ‘Biohub’
The University of California, San Francisco (UCSF), Stanford University and the University of California, Berkeley (UC Berkeley) announced Wednesday they will join forces in a new biomedical science research center funded by a $600 million commitment from Facebook CEO and founder Mark Zuckerberg and pediatrician Priscilla Chan. The San Francisco-based Chan Zuckerberg Biohub, an independent […]
Arizona State’s Avnet Innovation Lab to Fund Tech Entrepreneurs
Arizona State University and global technology distributor Avnet are offering $250,000 in grant funding for technology entrepreneurs. The grants are being awarded through the Avnet Innovation Lab, a startup accelerator launched in May in ASU’s Ira A. Fulton Schools of Engineering. Through the lab’s 12- to 18-month program, participants receive monetary support as well as […]
Dundee Venture Capital raises $20M to fund startups across the Midwest
A venture fund in the Midwest just closed a $20 million round in hopes of fueling the region’s burgeoning tech ecosystems. Omaha-based Dundee Venture Capital announced its Fund III on Tuesday, which will be used to bolster seed and early-stage tech companies in the e-commerce, B2B SaaS and consumer network industries. Dundee also announced a […]
Announcing the 2016 Illinois Proof-of-Concept Program Award Recipients
The University of Illinois at Urbana-Champaign Office of Technology Management (OTM) is pleased to announce the 2016 awardees of the Illinois Proof-of-Concept Funding Program (I-POC). I-POC facilitates development projects that demonstrate an innovation’s market viability to potential investors and partners. Projects consist of a defined set of milestones that, when completed, help overcome a specific hurdle to […]
Valley VC Spectrum28 launches $170m fund for disruptive technologies
Spectrum28, a Silicon Valley-based venture capital firm focused on investing in companies disrupting long-standing industries, has closed its first fund, Spectrum Fund I, with a corpus of $170 million. Co-founded by experienced investors and entrepreneurs, the fund co-founders and founding general partners are Kent Ho and Lyon Wong. Financial backers of the fund include a diversified group of […]
Rev1 Ventures and Nationwide Children’s Hospital Launch New Fund to Support Healthcare Innovators
Today, Rev1Ventures, the seed-stage venture fund that combines investment capital and strategic services, andNationwide Children’s Hospital, one of America’s largest not-for-profit freestanding pediatric healthcare systems, launched the Life Sciences Fund to support the growth and development of research-based healthcare spinouts from The Research Institute at Nationwide Children’s. The fund is a boon for the region, […]
GMC Life Sciences Fund Makes Further Seed Investments in universities
Catapult Ventures, managers of the GM&C Life Sciences Fund, has announced that it has completed two new seed investments. The Fund completed a seed investment into sensor technology developer Kanichi Research in August and in September, it completed the seed funding of Virustatic, which develops anti-microbial materials. The GM&C Life Sciences Fund makes initial investments […]