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 […]
New Brunswick-Saint John Adds $14M To The Research Innovation Fund
SAINT JOHN, N.B. – A $20 million investment over five years to support research and innovation in New Brunswick was announced today by Post-Secondary Education, Training and Labour Minister Danny Soucy as part of the government’s $80 million innovation strategy
Dragon Fund, A Drexel University Student-led Fund, Secures $1mm for investment
The student-managed portfolio, called the Dragon Fund, began in 2007 with a $250,000 contribution from Drexel. The university contributed another $100,000 in 2011 and then $500,000 in May. The fund has gained more than $150,000, due to the investments made by the students. “The fund has performed quite well. It has beaten
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
PwC Announces Fund To Partner With University of Malta
PwC Malta today launched a €1 million Start up Fund targeting people wishing to take up a career in entrepreneurship. The fund is being run in collaboration with the University of Malta and Times of Malta
Hong Kong Baptist University sends memo on new $1mm POC fund
The University is proactive in introducing new funding channels to facilitate knowledge transfer (KT) from academia to industry. The Matching Proof-of- Concept Fund (MPCF) is established to
India Sets Up $1B Innovation Fund
The Indian government has outlined a plan to set up Rs.5,000 crore (nearly $1 billion) fund to facilitate innovation and entrepreneurship, top official said Thursday. The government would initially contribute $20 million (Rs.100 crore) to the India Inclusive Innovation Fund. The remaining amount would come from scheduled banks, insurance companies, financial institutions, corporates, high net […]
University of Illinois At Chicago, illinoisVentures Launches New $10M POC/Seed Funds
The University of Illinois at Chicago is launching a $10 million fund to help inventions advance from the research stage toward potential commercial opportunities, becoming the latest academic institution in the area to channel increased resources toward homegrown startup activity. The Chancellor’s Innovation Fund will allocate $2 million a year for five years. Each year, […]
Wisconsin Lawmakers Propose $75M State Seed Fund
Madison lawmakers proposed a new venture capital plan last week, the latest step in their two-year slog to help create an entrepreneurial renaissance. Meanwhile, groups of entrepreneurs, mostly concentrated in Madison and Milwaukee, continue their attempts to spark that renaissance from the ground up. And they’re using a new “lean start-up” method that’s a departure […]
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 […]