12 Northeast Ohio companies win $42.3 million from Ohio Third Frontier
Twelve, young companies receive over $42M in support from the state’s economic development engine, Ohio Third Frontier (OTF). OTF has led the nation as an example of what a robust approach, via both funding and support programs, can do for technology and start-ups. Their model works closely with partnering corporations and investors to expand the […]
Michigan Launches $6.8M Pre-Seed Fund 2.0
Companies developing technologies in the areas of advanced automotive, manufacturing and materials, agricultural technology, alternative energy, homeland security and defense, information technology, life sciences and other innovative technologies are invited to discuss their financing needs with Invest Michigan.
Five Long Island Biotech/Clean-Energy Start-ups Get $500K
The outlook is a little greener for five biotech and clean-energy startup companies thanks to half a million dollars in seed money from Accelerate Long Island and the Long Island Emerging Technologies Fund. Goddard Labs, Green Sulfcrete, PolyNova, SynchroPET and Traverse Biosciences each received a $50,000 grant from Accelerate Long Island’s Seed Fund and a […]
Florida Institute for Commercialization of Public Research funds unmanned aircraft start-up
The Institute for Commercialization of Public Research (the Institute) announced today that it has finalized a funding agreement with Altavian, an unmanned aircraft solutions provider that integrates engineering and manufacturing with services for federal, state, local, and commercial clients. The Institute works with Florida’s research universities and institutions to support new company creation and job growth, bridging […]
Wayne State University gets $250K boost from local Detroit Innovate Fund
The Detroit Innovate Fund, a new fund to help launch local high-tech startup companies, has invested $250,000 in Detroit Materials Inc., a Wayne State University spinoff that hopes to make cast-steel parts for the military, mining and off-road markets. The company will use that money, and $150,000 awarded this month through a phase-one Small Business Innovative Research grant […]
CIT GAP fund invests in therapeutics company
The Center for Innovative Technology announced today that its CIT GAP Funds closed an investment in Riogin, a Charlottesville-based company that has solved many issues related to peptide therapeutics. Riogin developed a technology platform that overcomes many of the problems connected to peptide therapeutics, which represents a growing portion of the market opportunity for big […]
Oregon BEST commercialization fund puts $25K into electric farm vehicle start-up
Oregon BEST has announced a new round of commercialization funding that is helping electric farm vehicle startup Rogue Rovers, LLC collaborate with Oregon Tech to design, test and build a semi-autonomous, all-terrain electric vehicle that can be used in specialty farming applications to improve pest management, reduce fertilizer waste and make it safer to operate […]
Innovation Fund Awards Seed Funding to Several Northeast Ohio Startups
Seven innovative Northeast Ohio startups are receiving the early-stage capital necessary to validate a technology or prove out a business model. The Innovation Fund, Northeast Ohio’s most active pre-seed fund for technology-based startups, announced awards totaling $400,000 in its latest funding round, with three companies receiving $100,000 awards and four receiving $25,000 grants.
Wisconsin Launches New $2M Economic Development Seed Fund, IdeaAdvance
The University of Wisconsin System and the Wisconsin Economic Development Corp. (WEDC) have created a $2 million seed fund that UW-Extension will administer to help commercialize technology and ideas developed at UW campuses statewide. UW-Extension and its partners announced the Ideadvance Seed Fund today at a news conference in the State Capitol attended by Lt. […]
Canadian public-private venture capital fund raises C$217 mln
Canadian government-backed investment fund set up to help revive the country’s ailing venture capital industry raised C$217.5 million ($198 million) at its initial closing, its backers said on Tuesday.