U Chicago’s New Venture Challenge winner AMOpportunities lands $1.1M in seed funding
AMOpportunities, a Chicago-based startup that helps connect international medical students to short-term training programs in the United States, has raised $1.1 million in seed funding, the company announced Thursday. The startup, which won the University of Chicago’s New Venture Challenge in June, was founded in 2013 from a dorm room at the University of Wisconsin-Madison. The company […]
CMU spinout Petuum gets nearly $100M in venture funding
Carnegie Mellon University artificial intelligence spin-off company Petuum Inc. has raised $93 million in a new round of venture funding led by Japanese telecommunications and internet giant SoftBank Group, Petuum co-founder Eric Xing said. Mr. Xing is a computer science professor on sabbatical from CMU, where he directed the Center for Machine Learning and Health. […]
Vertex Ventures raises $210 million for Southeast Asia, India start-ups
Vertex Ventures, the venture capital arm of Singapore state investor Temasek Holdings, said it has raised a $210 million fund to invest in Southeast Asian and Indian startups, exceeding its original target size of $150 million. Vertex plans to continue its strategy of investing in early-stage technology companies in Southeast Asia and India across enterprise technology, financial technology and consumer internet, it […]
Tucson Entrepreneurs Launch Venture Capital Fund Dedicated to University of Arizona
Founders of UAVENTURE CAPITAL, LLC today announced the launch of a new venture capital fund designed to support the commercialization of University of Arizona science, services and intellectual property. UAVC has been formed by Fletcher J. McCusker, the business driver behind the University of Arizona College of Pharmacy spin out SinfoníaRx, Inc., and the founder of the public company Providence […]
Duke University startups to get access to the star power of Contrary Capital venture firm
Move over, Shark Tank. There are new investors in town, and they’re looking to Duke to fund entrepreneurs. Contrary Capital, a university-focused venture capital fund, launched last Monday. The fund is decentralized, employing 100 investors who are current students at universities around the country, including Duke. The four student partners at Duke—MD/MBA candidate Tracy Han, […]
New venture capital fund launches at John Hopkins
Contrary Capital, a university-focused venture capital fund, officially launched on Monday at 55 colleges across the country, including Hopkins. Contrary works with 100 students to find start-ups and projects within their university communities in which they can invest. Venture capital funds like Contrary Capital typically manage the money of private individuals by investing in emerging […]
Ambitions To Elevate The Northwest’s Venture Capital Game
Big names in Northwest business are coming together to deepen the financing pool for the next great tech startups. Microsoft and Madrona Venture Group want to integrate the venture capital communities of Seattle and Vancouver, BC. Microsoft president Brad Smith described ambitions to compete better with Silicon Valley and Boston. “If you talk to people […]
Corporate venture in Brazil gains steam as giants amp up startup investments
What a difference one year makes. Since showing noteworthy signs of a maturing tech ecosystem last summer, corporate venture in Latin America has begun to crescendo in just 12 months, led by Brazil. According to LAVCA’s 2017 Latin American Startup Directory, of the 144 early-stage tech companies that received $1 million-plus in funding over at least two […]
Airtree and Blackbird Ventures back Sydney University AI mining exploration platform
Two of Australia’s largest technology venture capital funds have backed a seed round for EARTH AI, a start-up that uses artificial intelligence to help mining firms find resources. Airtree and Blackbird Ventures are both looking to get in at the ground floor of the mineral exploration platform in a $500,000 round, which is smaller than the […]
Wisconsin startup funding up 60% in 2016 | BizTimes Media Milwaukee
Eighty-four Wisconsin startups received $281.7 million in funding in 2016, up 60 percent from $177 million in 2015, according to the latest INvest Quarterly report from the Wisconsin Economic Development Corp. The report tracks only companies the state has designated as Qualified New Business Ventures, which is open to high-tech, early-stage Wisconsin companies developing innovative […]