Aston University spin-out funded £230,00 by Mercia Capital
Aston EyeTech has developed software that supports optometrists with diagnosis, selling optical products and conducting clinical trials. Mercia Fund Management has agreed to invest £230,000 in the first instance.
LSDF announces $750,000 in Proof of Concept grants to promote health-related technologies
SEATTLE, Washington, August 29, 2014 – The Life Sciences Discovery Fund (LSDF) today announced nearly $750,000 in Proof of Concept grants to Washington state for-profit and non-profit organizations to promote translation of health-related technologies from the laboratory to the commercial marketplace. Also announced was nearly $56,000 in supplemental funding to an existing grant to increase […]
Innovation Fund Awards $475,000 to Seven Northeast Ohio Startups
The Innovation Fund, Northeast Ohio’s most active and successful pre-seed fund for technology startups, has committed $475,000 to seven Northeast Ohio companies in its latest quarterly funding round. Four companies received $100,000 awards meant to prove out business models while three received $25,000 awards intended to validate technologies.
Madison-start up lands $4.2m in venture funding
Silatronix Inc., a Madison start-up that is aiming to make lightweight lithium ion batteries much more efficient and safe, has raised $2.8 million, according to a filing the company made with federal securities regulators.
University of Michigan Spin-Out Sakti3 Delivers Double the Energy Density of Current Lithium Ion Battery Technology, Cells Produced in Ann Arbor Lab
Sakti3, Inc. (www.sakti3.com) announced that it has produced a battery cell on fully scalable equipment with over 1100 Watt hours per liter (Wh/l) in volumetric energy density. This translates to more than double the usage time in a wearable device like a smartwatch, from 3.5 h to more than 9 h. It also translates to almost double the range in an EV […]
UT Horizon Fund invests $593K in MolecularMatch in Series A financing round
AUSTIN, TX – UT Horizon Fund, the strategic venture fund of the University of Texas System, has made a $593,000 Series A preferred stock investment in MolecularMatch.
Portland State University’s DesignMedix Closes Second Angel Round of $1.5 Million
DesignMedix, Inc., a biotech startup with ties to Portland State University, has closed a second round of angel funding from investors in the Northwest. Investors include Portland Seed Fund, as well as members of Bellingham Angels, Oregon Angel Fund, Seraph Angel Network, Willamette Angel Conference, Keiretsu Angel Forum and Tacoma Angel Network.
Midven’s Rainbow fund backs University of Anglia’s Spectral Edge
Iceni Seedcorn Fund joined Midven’s Rainbow Seed Fund in the investment in Spectral Edge. The company was founded in 2012 as a spin-out from the University of East Anglia to exploit novel image fusion technology developed by Professor Finlayson’s ‘Colour Lab’.
AdAdapted, U Michigan gap fund recepient, raises $725,000 in seed round
AdAdapted has locked down $725,000 in seed capital to help it scale up its mobile advertising platform.
12 Northeast Ohio companies win $42.3 million from Ohio Third Frontier
Twelve, young companies receive over $42M in support from the state’s economic development engine, Ohio Third Frontier (OTF). OTF has led the nation as an example of what a robust approach, via both funding and support programs, can do for technology and start-ups. Their model works closely with partnering corporations and investors to expand the […]