Jerusalem Venture Partners (JVP) LED Group Wins License to Operate a Tech Incubator
Jerusalem Venture Partners (JVP), an internationally recognized venture capital fund, announced today that it has been chosen byIsrael’s National Innovation Authority (Office of the Chief Scientist) to operate a Jerusalembased technological incubator. The JVP led group included Motorola Solutions (NYSE: MSI), Reliance Industries (NSE: Reliance) and Yissum, the Research Development Company of the Hebrew University […]
New $10m start-up fund launched in Australia
Signal Ventures is the brainchild of Melbourne start-up influencer Atlanta Daniel and US investor Niel Robertson, who will serve as general partners. The pair said Signal Ventures will focus on entrepreneur-friendly, early stage capital and will offer deep operational experience as well as They said the fund plans to be active in the Australian community, […]
New early-stage venture fund forming with eye on Pittsburgh startups
Pittsburgh-area entrepreneurs will soon have another funding option for growing early phase startup companies. Pharmaceutical giant GlaxoSmithKline has thrown its support behind the creation of a $100 million venture capital fund, which will help meet a need for early stage business startup capital in the Pittsburgh area. Philadelphia-based SG3 Ventures anticipates awarding its first round […]
University of Chicago to Get $50 Million From Venture Capitalist
Nearly four years ago, the venture capitalist Michael Moritz donated $115 million to his alma mater, the University of Oxford, to bolster the British university’s financial assistance efforts. Now Mr. Moritz, the chairman of Sequoia Capital, and his wife, Harriet Heyman, are providing a similar gift for an American institution. The University of Chicago plans […]
Israel Venture Funds on Track to Raise $1.5 Billion for 2015
Israel’s venture capital funds raised $1.02 billion last year for investment in startup companies – a figure that may still grow by $500 million to the highest total in many years, the IVC Research Center and accounting firm KPMG said in a survey released Tuesday. Israeli VC funds raised less than the $1.21 billion they […]
Ann Arbor-based Millendo scores $62M investment
An Ann Arbor-based start-up drug company with roots in the University of Michigan scored a $62 million buy-in from outside investors because of its early work on treatments for several medical conditions, including some affecting women. The so-called Series B investment secured by Millendo Therapeutics follows an earlier round of investment that raised $16 million in 2012, company officials said. The $62-million […]
Ryerson University Partnership to Promote Technological Innovation, Entrepreneurship
Ryerson University has formed a new collaboration with Prince Edward/Lennox & Addington Community Futures Development Corporation , First Stone Venture Partners, and the Eastern Ontario Regional Network to promote research and technological innovation, and to attract and accelerate startups and advance economic development in Ontario regions. “PELA CFDC and the new Upper Canada Equity Fund is […]
KAUST, ICD, Anfaal Capital to form venture capital fund
The King Abdullah University of Science and Technology (KAUST) and the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB), in collaboration with Anfaal Capital, agreed to establish a Saudi Arabia-focused venture capital fund last Monday. The joint initiative aims to promote and […]
U Michigan Spin-off Akadeum gets $1 million seed
There have been two recent votes of confidence for Ann Arbor-based Akadeum Life Sciences Inc., a 2014 spinoff from the University of Michigan. In October, it finished raising a seed round of $1 million, which will fund product development and beef up sales and marketing. Normally that would be the big news. But that was overshadowed by […]
Investment Firms Nurture University Start-ups
In 2001, in exchange for $30 million to help the University of Oxford build a new chemistry building, the firm now known as IP Group won the right to get stakes in start-ups formed around the chemistry department’s intellectual property. Today, IP Group commercializes technology not only from Oxford but also from 14 other U.K. universities. […]