Wisconsin Governor signs $25M venture capital legislation
Gov. Scott Walker signed legislation Thursday to provide $25 million in taxpayer money to start-up companies, realizing a goal he has sought for more than two years. Providing venture capital has had a rocky history in recent years. Bills to do that last session couldn’t get through the Legislature, and this year’s legislation has had its share […]
Allied Minds raised $100M to expand investment in universities and federal labs
The private investment firm has significantly expanded its asset base since its founding in 2006, bolstered by investor confidence in its unique, and efficient, model for forming, funding and building new companies based on early-stage technologies in the life-sciences and technology sectors. Allied Minds, Inc., the biggest investor in technologies developed at renowned U.S. university […]
Hyde Park Ventures Looking For Midwest Start-ups; University Partners Requested
Startups, it’s time to polish your pitches. Hyde Park Venture Partners has more than $20 million that it’s looking to put into early-stage technology companies in the Midwest
Mercia Fund Management, a supporter of Midland university spinouts, hears feedback from two Keele University start-ups
Founded in a hot bed of fresh thinking and unique ideas, university spin-outs are becoming increasingly popular with both savvy investors, who can achieve a healthy return, and universities benefiting from funding channelled back into their R&D and facilities. Working with eight Midlands’ universities, Mercia Fund Management (MFM) has supported spin-outs from seed to successful exit through […]
One Year In, Harvard XFund Backs Three Start-ups, Ratchets Up Student Entrepreneurship
When a group of Harvard alumni formed the Experiment Fund (Xfund) a little over a year ago, they were hoping that their seed fund would nourish a burgeoning entrepreneurial culture on campus—and beyond—and make a profit as well. New companies are spawned in garages, basements, and at kitchen tables everywhere. But the most productive environments for incubating […]
Colorado State University Announces A $1.5M VC Fund
In an email addressed to the Colorado State University community, it was announced Mon. May 13 that $1.5 million dollars has been been approved for the Colorado State University System Venture Capital Fund. Martin said he has helped two other Universities through similar programs and has seen great success.
University of North Carolina Wilmington Announce New Venture Fund
University of North Carolina Wilmington officials on Friday announced the creation of a venture capital fund to “support business and economic development” in the Wilmington area. The proposed fund will be part of the school’s Entrepreneurship Center, which will be renamed the Center for Innovation and Entrepreneurship when it opens in a new off-campus building […]
Beat Biotherapeutics, A U Washington Start-up, Raises $2.5M For Heart Failure Treatment
Beat Biotherapeutics looked like it was in trouble after its co-founder and CEO died suddenly in June 2009. But the University of Washington spinout is definitely back in business, after recruiting a veteran CEO and raising another $2.5 million to advance an experimental treatment for heart failure.
Rutgers University, UMDNJ Start-up, NovoPedics, Secures $500K For Implantable Device
Newly formed NovoPedics, Inc., has received a commitment of up to $500,000 from Foundation Venture Capital Group (FVCG) to advance its development of an implantable meniscus replacement/regeneration medical device.
Venture Capital Takes Off In Mexico, Latin America
According to the Latin America Venture Capital Association (LAVCA), Mexican startups raised $469 million dollars in 25 projects in 2011 through these venture capital funds, compared to the $211 million dollars raised through 19 deals in 2010. For 2012, LAVCA estimates that VC firms will invest around $1 billion in more than 30 deals.