Michigan’s Pre-seed Capital Fund invests $1M in four companies
Four Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling $1 million. To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones to support start-ups’ product commercialization, has awarded 83 Michigan companies with seed funding totaling more than $19 million.
City Science Center QED POC program to fund four projects
Two digital health projects and two life science projects will receive a total of $600,000 from the University City Science Center’s QED Program, the Science Center announced December 19, 2012. Since its launch in 2009, the regionally competitive proof-of-concept program supporting technology commercialization has awarded $3 million to 16 projects in Pennsylvania, New Jersey and […]
NY State Research and Development Authority provides $15M in seed money to incubator projects
Inventors and scientists are getting $15 million worth of help from the State of New York to turn their high-tech, clean-energy ideas into successful businesses. The New York State Energy Research and Development Authority, NYSERDA, will invest $5 million in seed money at each of three new Proof-of-Concept Centers at Columbia University, the Polytechnic Institute […]
Seeding soil testing through KAUST seed fund
A winner at the Spring 2012 round of the KAUST Seed Fund, the Envirola project is developing a portable device capable of performing on-site analysis of soil samples to detect harmful metals. Leading the project are King Abdullah University of Science and Technology scientists Dr. Rimantas Kodzius, a Postdoctoral Fellow in Electrical Engineering, along with co-founder Eng. […]
Presskit.to and Collaperty Receive November Gap Funding From Northeastern IDEA
IDEA: Northeastern’s Venture Accelerator is happy to announce Presskit.to and Collaperty as the Gap Fund recipients for November 2012. Each venture will receive $10,000 to further their business development. Presskit.to is aiming to become the leading platform for online portfolios in the music industry. Presskit.to provides musicians, agents, and producers a way to showcase and publicize their projects. Collaperty is a social […]
University of Illinois-UC announces Fall 2012 gap fund award winners
The Office of Technology Management (OTM) is very pleased to announce the granting of the second Proof of Concept (POC) Gap Funding Awards. A total of 44 projects from across the UIC Campus were submitted to the OTM for review. Eight finalists were then chosen to submit full proposals and “pitch” their product ideas to […]
Florida State University GAP program puts some dollars towards improving the human condition
As the fall 2012 semester concludes, research at Florida State University is at an all time high. It’s so high, in fact, that four research projects from the Tallahassee community have recently been granted a total of $106,000 by the Florida State University Research Foundation to further pursue their individual area’s of expertise, which range […]
U Washington spin-out, Kona Medical, lands Series C funding
Kona Medical Inc. has raised $10 million in new Series C equity and debt financing.That brings its Series C total to $40 million, including $30 million raised in May. The Series C round included two large-cap strategic investors who joined with prior investors Essex Woodlands, Domain Associates, Morgenthaler Ventures, Western Technology Investments, BioStar Ventures, and individuals […]
Global from Day One: New Zealand-based Sparkbox Ventures makes two investments from seed fund
The Global from Day One Fund – the new seed investment fund established by Sparkbox Ventures and the ICEHO– USE – has made its first two investment commitments into two technology companies, Mohio and Stay Today. Andrew Duff, Sparkbox’s chairman, saidGlobal from Day One’s key criteriais to invest in new technology companies with an international […]
University of Florida start-up, AGTC, lands $37.5M in VC for novel approaches to curing rare genetic respiratory and retinal diseases
An Alachua-based biotechnology company has secured $37.5 million in venture capital funding in what is believed to be the largest private venture deal ever for an area company. Applied Genetic Technologies Corp. announced that a syndicate of three new investors has joined three existing investors in the funding round to move its genetic therapies through […]