Texas Emerging Technology Fund Still Benefiting Life Sciences Startups – SiliconHills
Former Gov. Rick Perry’s pet project, the Texas Emerging Technology Fund, isn’t dead, it’s just been relocated. Now under the management of the Texas Treasury Safekeeping Trust Company, there are about 100 active companies still in the fund, 60 percent of which focus on life sciences, said portfolio manager Jyoti Gupta at an Austin Technology […]
America’s Seed Fund – The Small Business Innovation Research/Small Business Technology Transfer Program (SBIR/STTR)-A Year in Review
This year was a flagship year for the SBIR and STTR programs, with equal parts achievement, exhilaration and groundbreaking. None of this would be possible without the amazing work of the eleven agencies: Environmental Protection Agency, National Aeronautics and Space Administration, National Science Foundation and the U.S. Departments of Agriculture, Commerce, Defense, Education, Energy, Health […]
Qualcomm Commits Up To $150 Million to Strategic Venture Fund in India
Qualcomm Incorporated QCOM, +0.51% today announced its intention to invest up to $150 million in Indian startup companies across all stages as part of its commitment to India during a meeting with Prime Minister Narendra Modi at the Digital Economy event in San Jose. Qualcomm Ventures will advise and direct Qualcomm’s activities with respect to […]
MIT and Imperial launch seed fund to support ‘risky’ research
David Matthews is a reporter covering research, links between universities and businesses, higher education in South America, universities in the south of England, as well as Oxford, Cambridge Imperial College London and the Massachusetts Institute of Technology are to invest hundreds of thousands of pounds in supporting “risky” research that might otherwise not be funded. […]
Innovation Hub launches Innovation Fund for statewide university startup companies | AR Innovation Hub
The Arkansas Regional Innovation Hub today announced that it is launching the Innovation Fund to support and accelerate the development of university-based startup companies in Arkansas. “The creation of the Innovation Fund addresses the most glaring gap in our state’s equity capital spectrum for startup companies,” said Jeff Stinson, Director of the Silver Mine at […]
Singapore National Research Foundation launches S$40 million fund to grow local tech start-ups
The National Research Foundation (NRF) launched a S$40 million fund for small, high-tech innovative companies in Singapore on Monday (Sep 21). NRF’s third Early Stage Venture Fund was launched at Techventure 2015, a two-day platform for global technopreneurs and investors at the Marina Bay Sands Expo and Convention Centre. The fund aims to speed up […]
University of Wisconsin FluGen snaps up $12 mln Series A
FluGen Inc., a biotechnology company developing a novel “universal” influenza vaccine, has completed a $12 million Series A financing. Venture Investors LLC, the Wisconsin Alumni Research Foundation (WARF), the State of Wisconsin Investment Board, and other new investors participated in this first institutional financing of the company, along with many of FluGen’s existing investors led […]
The United States needs a research investment fund to compete with China
America may no longer be able to boast, “We’re No. 1!” In their 2011 bestseller “That Used To Be Us,” Thomas Friedman and Michael Mandelbaum compellingly suggested the mantra no longer applies. And about a year ago, the International Monetary Fund (IMF) made it official: China has overtaken us as the world’s largest economy. China […]
Perceptive Navigation Receives $225,000 From Maryland State Venture Fund
Perceptive Navigation, a medical device company in Baltimore, has been awarded a $225,000 investment by the Maryland Venture Fund (MVF), the state’s primary venture capital investment program. Perceptive’s first product, an ultrasound probe dubbed Vu-Path, uses the company’s advanced imaging techniques to allow surgeons to precisely place and guide the instrument during procedures. The state’s […]
Graftworx gets $500K from Maryland Venture Fund
Bel Air-based medical device company Graftworx received $500,000 from the Maryland Venture Fund, the state announced. With the new funding, the company announced the hiring of Lilip Lau, who invented a coronary stent while at Guidant. Graftworx is developing a stent to treat peripheral artery disease (PAD). The money will also be used to complete […]