Cornell, startup receive $7M for novel clean energy tech
Cornell researchers and a startup have received more than $7 million in federal grants to advance novel clean energy research that includes wirelessly charging electric vehicles, low-carbon jet fuel and construction materials made from waste. , Click to open gallery view Credit:Cornell University File Photo Doctoral students, from left, Sounak Maji and Maida Farooq and […]
Tucson startup based on UA anti-fraud tech wins $35M in VC funding
Astartup founded to commercialize online fraud-fighting technology developed at the University of Arizona raised $35 million in its second round of venture-capital funding. The investment in Tucson-based Neuro-ID was led by Canapi Ventures, a Washington, D.C., investment firm specializing in financial-tech companies, with previous investors Fin VC and TTV Capital also participating. Neuro-ID was founded […]
Purdue U Startup Closes Seed Funding Round
A West Lafayette-based life sciences diagnostic startup has closed on a $1.8 million seed round of funding. Amplified Sciences, which is developing diagnostics designed to detect debilitating diseases more quickly, says the round was completed by an investment from Chicago-based OCA Ventures. Amplified Sciences Chief Executive Officer Diana Caldwell says the funding will help validate the […]
CIT GAP Funds Invests in BloomCatch to Advance the Next
The Center for Innovative Technology (CIT) today announced that CIT GAP Funds, the direct investment program of the Virginia Innovation Partnership Authority (VIPA) Investment Division, has invested in Centreville, Va.-based BloomCatch. BloomCatch is a versatile mobile plant identification app that combines cutting edge machine learning with live human experiences to connect plant parents to plant experts […]
Duke U medtech startup Xilis raises $70M; Google Ventures, Duke Angels
Xilis, a startup founded by two professors at Duke University focusing on technology to boost precision health and oncology, has landed $70 million in new funding with Google Ventures among the backers. The two-year-old company had previously raised close to $5 million. “Our vision is to transform cancer care in diagnostics and reshape drug development […]
Chicago startup Rheaply raises $2.2M from Microsoft climate fund, MIT
Rheaply, a Chicago startup that specializes in recycling and sourcing unused items, has raised new funding from Microsoft and MIT. The startup, led by CEO Garry Cooper, landed $2.2 million from Microsoft’s Climate Innovation Fund and MIT Solve’s investment arm, Solve Innovation Future. Founded in 2015, Rheaply has set out to strengthen the “circular economy,” a term […]
Cornell AI startup secures $1 million in seed funding
Iterate Labs, a startup with Cornell beginnings that uses wearable sensors and computer vision to drive factory production and worker safety, has obtained $1 million in seed funding to support the company’s growth. The funding award was led by Monozukuri Ventures, a specialized investor in hardware and manufacturing technology companies, with co-investor Tyson Ventures, the […]
Lab Bench to Commercialization grant recipients announced | Penn State University
Two faculty members have been selected to receive Lab Bench to Commercialization (LB2C) grants from the Eberly College of Science in 2021. The competitive program provides funding for researchers in the college, enabling them to enhance the commercial potential of ongoing research and prepare them to translate their intellectual property to the marketplace. This year’s […]
WSU researchers receive the 2021 Commercialization Gap Fund
The Office of Commercialization has awarded 10 Washington State University researchers with the Commercialization Gap Fund (CGF). The CGF supports research projects with high market potential and provides researchers up to $40,000 to booster their ability to make an economic impact on society. The CGF is funded by a generous donation from the Washington Research […]
Cornell startup awarded $600K to improve food safety
Halomine, a Cornell-based startup developing cutting-edge technologies for the sanitation of food processing equipment, has been awarded $600,000 from the U.S. Department of Agriculture’s National Institute of Food and Agriculture (USDA-NIFA), under Phase II of the Small Business Innovation Research (SBIR) program. One of the primary objectives of the USDA-NIFA program is related to manufacturing […]