John Hopkins baby box startup wins $25,000 through Hopkins Social Innovation Lab
A mother looking to prevent cases of sudden infant death syndrome in Maryland has won $25,000 to help fund her “baby box” startup concept. As a member of Johns Hopkins Social Innovation Lab’s 2016-2017 cohort, Shantell Roberts has been working on a venture around Portable Alternative Cribs, through her nonprofit Touching Young Lives Inc. Enlarge […]
U-M undergrad venture fund makes first investment
Benjamin Rathi, a business and computer science senior at the University of Michigan, already had a successful startup under his belt when he won a spot on the Zell Early Stage Fund as a junior. The fund, which launched in fall 2015 with a dozen juniors at the Zell Lurie Institute housed at the Ross […]
Invent Penn State’s Fund For Innovation helps start seven new ventures
A little less than two years after the launch of the Fund for Innovation, Invent Penn State has backed nearly 50 emerging Penn State technologies and has provided startup funding to promising new ventures that were born out of the program. “Although many universities have commercialization programs,” said Vice President for Research Neil Sharkey, “the […]
Company founded by two Marquette University researchers raises $26 million in funding
Promentis Pharmaceuticals, a Milwaukee company co-founded by Drs. John Mantsch and David Baker, researchers from the Marquette University College of Health Sciences, raised $26 million, including $17.2 million in its third funding round. OrbiMed, F-Prime Capital Partners (formerly Fidelity Biosciences) and Aisling Capital were the lead investors. This is exceptional syndicate of investors, particularly for […]
U of Wyoming Recipient of ExxonMobil Innovation Fund Grant for Student-Led Research Projects
The University of Wyoming is among seven schools — three from the United States, two from Brazil, and one each in Colombia and Mexico — to receive grant money for collaborative research projects, and to increase bilateral mobility of U.S., Latin American and Caribbean students through study abroad program development. UW is one of the […]
Oxford University’s Spybiotech raises £4m in seed funding to tackle pandemics
An Oxford University company developing a biological superglue to tackle diseases and pandemics has won £4m of early-stage backing from Google’s venture capital arm GV and Oxford Sciences Innovation (OSI), allowing it to spin out into an independent business. Spybiotech has developed a molecular superglue which it believes can be used to create vaccines more quickly […]
Upside Biotechnologies raises $2.3 m in funding round
Upside Biotechnologies, a regenerative medicine start-up, said it has successfully raised $2.3 million in its Series A funding round. The Auckland-based company is developing an advanced, world-class skin replacement treatment for patients suffering major burns. The capital raised will be used to complete development of the product, demonstrate proof of concept, ready the product for […]
Innovate Indiana Fund invests in early-stage payment-fraud analytics company
A high-tech company that detects payment-card fraud using machine learning and data analytics will be able to launch a product for merchants later in 2017. It will also be able to increase the size of its technical team that works on a product for banks and credit unions. Rippleshot received an investment from the Innovate […]
OKC’s Datebox secures $2.6 million investment round, led by i2E Inc
Datebox Inc., an Oklahoma City startup company that provides couples with creative dating ideas and products, has secured a $2.6 million seed round investment. The investment round included $1.3 million from the i2E-managed Oklahoma Seed Capital Fund, along with $300,000 from the SeedStep Angels group, also managed by i2E. The seed round also included $1 […]
Wisconsin Economic Development Corporation awards $700,000 in grants to support local efforts to provide seed funding for startups
Three economic development organizations have been awarded a total of $700,000 in matching grants from the Wisconsin Economic Development Corporation (WEDC) to be used to provide seed funding for technology-based startups and early-stage companies. The Milwaukee Development Corporation has received a $500,000 grant under WEDC’s Capital Catalyst Program for the creation of a $1 million […]