Enterprise Ireland gets a new €200k start-up Competitive Feasibility Fund
A new €200,000 Enterprise Ireland Competitive Feasibility Fund for entrepreneurs and early-stage start-up companies in the Cork region has been launched. The fund, which is a key measure of the Government’s Action Plan for Jobs, is aimed at stimulating businesses by providing up to €25,000 in funding to each successful applicant. The fund is open […]
Rhode Island is boosting innovation grants to $1.5M
Gov. Gina M. Raimondo opened the second round of the state’s Innovation Voucher Program last week, soliciting applications from Rhode Island companies with fewer than 500 employees to apply for grants of up to $50,000 to fund research and development. About $1.5 million in funding is available in the 2016-17 fiscal year, the second year […]
Madison HealthX Ventures raises first fund
HealthX Ventures, a Madison venture capital firm that invests in digital health care businesses, will announce Sunday that it has raised more than $20 million for a first fund. The fund, which raised the money from about 80 investors, puts money into very early-stage software businesses that solve cost, quality and access issues in the health […]
Dundee Venture Capital raises $20M to fund startups across the Midwest
A venture fund in the Midwest just closed a $20 million round in hopes of fueling the region’s burgeoning tech ecosystems. Omaha-based Dundee Venture Capital announced its Fund III on Tuesday, which will be used to bolster seed and early-stage tech companies in the e-commerce, B2B SaaS and consumer network industries. Dundee also announced a […]
Valley VC Spectrum28 launches $170m fund for disruptive technologies
Spectrum28, a Silicon Valley-based venture capital firm focused on investing in companies disrupting long-standing industries, has closed its first fund, Spectrum Fund I, with a corpus of $170 million. Co-founded by experienced investors and entrepreneurs, the fund co-founders and founding general partners are Kent Ho and Lyon Wong. Financial backers of the fund include a diversified group of […]
£75m raised in technology start-up investment by Cambridge University
A capital investment fund company, founded by Cambridge University in partnership with other investors, has raised capital of £75 million in anticipation of an IPO flotation. This is a major success story for continuing investment into technology and healthcare innovative startups in the Cambridge region. The IPO was oversubscribed, a sure sign of the strong […]
Cambridge university start-up fund raises £75m ahead of IPO
The university founded CIC in 2013 with an original £50m investment, which came from its own funds as well as outside investors including Lansdowne Partners, one of the largest hedge funds in London, and Arm Holdings, the technology group. The £75m of cash raised ahead of an expected IPO was oversubscribed, said Victor Christou, CIC’s […]
Chicago Impact Engine Launches $10M Fund, Betting Capitalists Can Do Well While Doing Good
Some dismiss social impact entrepreneurship as a feel-good diversion. But a group of successful investors in Chicago are throwing $10 million on the table to prove that capitalists can do well while doing good. Impact Engine today announced a $10 million early-stage impact investment fund for companies dedicated to making money and solving one social […]
New Irish start-up fund swings into action
Colman Equity – which is also the main funder of the business accelerator programme StartPlanetNI – will focus on knowledge economy companies and entrepreneurs seeking to move back to Northern Ireland. The investment vehicle will allow businesspeople and investors to put money into start-up firms in a tax-efficient manner, while at the same time sharing their […]
Philadelphia College of Medicine starts $5M venture fund
The money for the Primary Care Innovation Fund came from the school’s foundation, PCOM said. The fund will consider investing in companies nationwide, but will concentrate on the Philadelphia region and on the Atlanta region, where PCOM has a branch campus. Dean Miller, CEO of the Philadelphia Alliance for Capital & Technologies and a partner […]