Should Universities Get Involved In Venture Capital? Forbes Opinion Piece
The StarTribune noted recently that the University of Minnesota is rethinking its venture capital strategy. Is this smart? I don’t mean to single out one university, because I find similar thinking at some other universities. So it might be useful to bring this into the open and see if the above strategy makes sense. Essentially […]
UT Horizon Fund invests $593K in MolecularMatch in Series A financing round
AUSTIN, TX – UT Horizon Fund, the strategic venture fund of the University of Texas System, has made a $593,000 Series A preferred stock investment in MolecularMatch.
Finance Wales close to three profitable exits deals from firms into Technology Venture Investments portfolio
Finance Wales is close to three exits on companies backed by its technology-focused fund, including one via flotation. Director of Technology Venture investments Steve Smith said the £40m fund, which has backed around 40 mainly pre-revenue technology firms in Wales, was also working towards making its first co-investment(s) with the Welsh Government’s £100m Wales Life […]
AdAdapted, U Michigan gap fund recepient, raises $725,000 in seed round
AdAdapted has locked down $725,000 in seed capital to help it scale up its mobile advertising platform.
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 […]
European VC, Epidarex, announces £50m into life sciences venture fund for university spin-outs
Investors keen to capitalise on British science have poured nearly £50m into a new venture capital fund. Epidarex, a specialist life science venture capital group, will on Thursday unveil a new £47.5m fund dedicated to UK start-ups, including university spin-outs. Backers include US drug giant Eli Lilly as well as King’s College London and other […]
Allied Minds Plans London IPO; University Spin-outs to Benefit
Allied Minds, a U.S.-based company that commercializes research and inventions from universities, plans to raise about $140 million of capital from investors in a London listing, it said on Tuesday.
New VC firm to target technologies and start-ups from UCSD
A group of alumni from UC San Diego has created an early stage venture capital fund that will target startup companies created by university students, faculty and graduates. The modest, roughly $8 million Triton Technology Fund unveiled late Wednesday expects to provide capital to entrepreneurs looking to commercialize technology developed at the university.
FundersClub fills void for start-up investors
A fast-growing Indianapolis start-up called TinderBox is days away from securing its second investment from the nation’s first online venture capital fund, FundersClub. Just like a year ago, when the sales and marketing software company became the first non-Silicon Valley start-up to raise funds through the site, the money fills a gap in a region […]
Venture capital firm goes to Midwest for next big thing in tech
Chris Olsen believes the next great tech firm could emerge right here from the heartland. Sure, Silicon Valley is home to most huge tech household names (Apple, Facebook, Twitter, eBay and so many more), with New York (Tumblr) and Boston (Trip Advisor) creeping up, but as he sees it, why not Ohio or Michigan? Hundreds […]