University of Arizona venture fund backs local laser startups
UAVC, the University of Arizona’s in-house venture capital fund, has invested in three new laser companies recently spun out of the Tucson institution. Between them the three companies to win backing – DeUVe Photonics, CThru Lasers, and Wavelength Unlimited Technologies – are looking to cover almost the entire breadth of the optical spectrum. DeUVe is […]
Fulcrum Global Capital partners with Kansas State University
Kansas City-based Fulcrum Global Capital will open an office in the K-State Office Park in Manhattan, adjacent to the Kansas State University campus, as part of a strategic partnership. Fulcrum Global is a venture capital fund that was founded in early 2019 by Duane Cantrell, Kevin Lockett and John Peryam. They all formerly worked for the Kansas Bioscience Authority, which made […]
New $75 million VC fund aimed at health care to be run from Ann Arbor
Venture Investors LLC, a Madison, Wis.-based venture capital firm with an Ann Arbor office and a strong local presence, plans to announce Monday that it has closed on its latest fund, the $75 million Venture Investors Health Fund VI LP. “In our prior funds, we invested in a mix of health care and technology. For […]
Central Europe Visegrad fund moves into backing research and innovation
A small fund originally dedicated to cultural cooperation between the Czech Republic, Hungary, Poland and Slovakia is now increasing its effort to support cross-border entrepreneurship and innovation in central Europe. When the Visegrad Fund was first established in 2000, the four countries focused on funding cultural exchanges and education and capacity building, which were the […]
CT Children’s Hopital innovation center, fund aim to rear homegrown ideas
When Connecticut Children’s Medical Center is wooing high-profile hires, candidates often ask about how the job will help them pursue cutting-edge medical research and innovations. “The people we want to attract here have this in their DNA,” said Dr. Christine Finck, surgeon-in-chief at the 187-bed hospital. “What are you going to do with my ideas?” […]
Minneapolis-based Vensana Unveils $225 Million Venture Capital Fund
Vensana Capital, a venture capital firm focused on medical technology, on Wednesday announced its first venture capital fund. Known as Vensana Capital 1, the $225 million fund has received financial backing from a range of investing institutions, including public pensions, university endowments, foundations, and health systems, Vensana officials said in a news release. Investment interest […]
Technology Venture Fund Comes to Utah
Quansight has announced the launch of Quansight Initiate, an early-stage investment fund that will predominantly be making investments in Utah and Texas. Quansight Initiate will invest in startups across industries that leverage the power of open-source communities and significantly rely on data engineering, data science, machine learning, or artificial intelligence. Bradden Blair, former Professor of Operations and Information Systems, […]
For Top Venture Capital Firms, Success Breeds Success
Read any of the many “best of” lists on venture capital and a handful of names will pop up again and again (and year after year): Sequoia, Kleiner Perkins, Benchmark Capital, Accel Partners, Tiger Capital. These are the firms that lead funding rounds for Silicon Valley unicorns, where partners become legends for inking deals with […]
Science Trust gets significant grant from U.S. Dept. of Commerce
The Puerto Rico Science, Technology and Research Trust was selected as one of the 44 nonprofit entities will receive funding from the U.S. Economic Development Administration’s Regional Innovation Strategies Program, which will award a total of $23 million to expand high impact entrepreneurship. The Trust will launch the Investor Bridge Project based on Puerto Rico’s […]
This VC Firm Just Raised More Than $1 Billion To Invest in Moonshots
Lux Capital, a New York-based venture capital firm, has raised more than $1 billion across two new funds to back companies on “the cutting edge of science.” The firm raised $500 million for its sixth flagship early-stage fund and another $550 million for an opportunity fund focused on growth-stage investments. Limited partners include global foundations, university […]