UIC Announces $400K In Awards From Chancellors Fund

The UIC Chancellor’s Innovation Fund (CIF) was established by the UIC Office of the Chancellor to enhance the Proof of Concept (POC) Awards Program’s capability to bridge the gap between basic research and commercialization. The CIF is a $10 million hybrid proof-of-concept and equity investment fund to be disbursed over five years. One million dollars […]

DMU spinout, CYP Design, lands venture support for drug discovery approach

A firm of venture capitalists has given its backing to technology which could help speed up the discovery of new drugs and medicines. Leading start-up funder Mercia Fund Management has invested in CYP Design Ltd, a spin-out company from the Leicester School of Pharmacy at De Montfort University (DMU). The company was founded to market new technology […]

Yale education spin-out, Panorama Education, scores $4M investment

Panorama Education (www.panoramaed.com), which helps K-12 schools improve through data analysis and feedback surveys of teachers, parents and students, announced today that it has raised $4M in seed funding. The round was co-led by Mark Zuckerberg’s Startup:Education and Jeff Clavier’s SoftTech VC, with additional participation from Google Ventures, Ashton Kutcher’s A-Grade Investments, Yale University, and […]

U Washington MRI start-up boosted by $340K from affiliated gap funds

Dr. Rodney Ho, professor of pharmaceutics, researches drug delivery for HIV treatment. In 2009, he created a new way to deliver HIV drugs to patients. HIV drugs rarely make it effectively to a patient’s lymph nodes. Ho thought binding the drugs to lipid (fatty particle) nanoparticles might help drug delivery. He eventually tested his drugs […]

InvestMaryland backs two state start-ups for $350K

Two Maryland tech companies, Silver Springs-based ReelGenie in and Baltimore-based SocialToaster, received investments totaling $350,000 through the State’s InvestMaryland program, created by Governor Martin O’Malley and the state’s General Assembly to make venture capital investments in