State-supported, Pennsylvania venture fund to support early stage software companies
The dearth of early-stage capital available to fund young technology companies in the Philadelphia region is nothing new. It was a source of concern for entrepreneurs and economic-development types in the late ’80s, when I moved here. Hand-wringing resumed early last decade after the bursting of the technology-stock bubble. And since the financial crisis-induced recession, […]
U Michigan partners with venture capital group to support start-ups
A new partnership between the University of Michigan’s tech transfer office and the Michigan Venture Capital Association (MVCA) aims to increase the commercialization of university technology by granting members of the MVCA access to UM-based research and start-ups.
Pension Funds a Source for Early-stage Commercialization? Silicon Valley Bank Invests in Ireland
Silicon Valley Bank (SVB) has announced it will lend $100 million to the Irish innovation sector as part of a new partnership with the National Pensions Reserve Fund (NPRF). According to Reuters, SVB intends to invest in Ireland’s technology, life science, cleantech, private-equity, and venture capital businesses over the next five years.
$20 Million W Fund, Focusing on Research Spinouts, Open for Business
We’ve been hearing about a new investment fund for university spinouts in Washington state for close to two years. Starting today, the W Fund is officially ready to start cutting checks—and it’s already started investigating promising research projects from colleges and government R&D labs around the state.
Eight Scottish universities get access to new seed fund
Scottish investment group Braveheart is to run a £10.3 million seed fund for research commercialisation projects at eight universities in the East Midlands.
Kenya Investment Authority creates a state-backed new venture fund
The government plans to buy stakes in small and medium sized start-ups that have no access to credit from banks to accelerate enterprise and jobs growth This will be done through a State-backed venture capital fund, which will provide funding and technical support for businesses that have difficulty accessing loans from banks or capital markets.
Portland Seed Fund graduates nine companies
Portland, Oregon (PRWEB) June 07, 2012 The Portland Seed Fund graduated nine companies after completing a 90-day intensive start-up boot camp. They presented at Demo Day on Wednesday to an invitation-only audience of West coast angel and venture capital investors.
At New York University, It Takes A Lot More Than Grant Money To Fuel Innovation
Scientific research is thriving at NYU. Not only does the university have an impressive track record of turning research grants from the federal government into patentable inventions, it also excels at nurturing relationships with New York’s entrepreneurial, venture capital and philanthropic communities. In the past several decades, more than 100 startups have been built on […]
Cambridge University Technology and Enterprise Club event draws discussion on the state of UK Venture Capital
A Venture Capital Roundtable taking place at Judge Business School in Cambridge tomorrow evening will examine the effect that the global economic climate is having on VC investment in UK hi-tech. Tony Raven, the new CEO of Cambridge University’s technology transfer arm, Cambridge Enterprise will be part of the panel ‘dissecting the hi-tech term sheet’ […]
Update: Axonia closes on $2M in seed funding. Gap funds play a role (Ann Arbor SPARK, Western Michigan University RF, and others)
Axonia Medical, an early stage company pioneering a revolutionary approach to repair and restore damaged peripheral and central nervous systems, announced today that the company has closed on $2.0 million in seed financing. The financing was led by Southwest Michigan First Life Science Venture Fund and included participation from Ann Arbor SPARK and Western Michigan […]