Nevada’s Sierra Angels program will help incubate University-based projects
The Sierra Angels, Nevada’s premier, early-investor funding group, is launching a new program and fund to help incubate ideas and projects created through the University of Nevada, Reno that have potential for reaching the marketplace. The recently created Sierra Innovations and its Entrepreneur Fund will facilitate the development of successful innovation-based, scalable startup companies in […]
Irish university oncology start-up attracts $95m funding
A new Irish company treatment company, Carrick Therapeutics, has attracted $95 million (€84.5 million) in an initial funding round. The new financial backers to the fledgling company, which aims to build Europe’s leading oncology company, include Arch Venture Partners, one of the largest early-stage technology venture firms in the US, and Woodford Investment Management, a […]
Madison HealthX Ventures raises first fund
HealthX Ventures, a Madison venture capital firm that invests in digital health care businesses, will announce Sunday that it has raised more than $20 million for a first fund. The fund, which raised the money from about 80 investors, puts money into very early-stage software businesses that solve cost, quality and access issues in the health […]
Amino Capital Completes Final Close of Its $50M Fund II for Artificial Intelligence Early-Stage Startups
Early-stage venture firm Amino Capital Management Company, LLC (“Amino Capital”) today announced the final close of its $50 million second fund, Amino Capital II, L.P.(formerly zPark Capital II, L.P., the “Fund”) and Dr. Huican Zhu’s joining the Fund as a general partner. Amino Capital focuses on artificial intelligence (AI), data-driven ventures. With the addition of […]
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” […]
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 […]
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 […]
University of California Is Putting Money Into an Alumni VC Fund
The University of California is giving its student entrepreneurs a big endorsement. During a scheduled public meeting of its regents’ finance committee on Friday, the school revealed that it has invested into the House Fund, a young $6 million fund. The fund, established by UC Berkeley alumnus Jeremy Fiance, focuses on very early stage startups […]