Update: Axonia closes on $2M in seed funding. Gap funds play a role (Ann Arbor SPARK, Western Michigan University RF, and others)
Axonia Medical, an early stage company pioneering a revolutionary approach to repair and restore damaged peripheral and central nervous systems, announced today that the company has closed on $2.0 million in seed financing. The financing was led by Southwest Michigan First Life Science Venture Fund and included participation from Ann Arbor SPARK and Western Michigan […]
UCSF’s Clinical and Translational Science Institute translational research award funds gene therapy application
To get help tailored to her individual needs, Bhargava applied for a T1 Translational Catalyst Award, granted by UCSF’s Clinical and Translational Science Institute (CTSI). The award is designed to help drive promising, early-stage research through the lengthy and complex process of translating promising ideas into patient benefit.
Kent State University receives three grants from Third Frontier Tech Validation and Start-up Fund
The Ohio Third Frontier program recently made three separate grants to Kent State University researchers through the newly established Technology Validation and Start-up Fund, which promotes the commercialization of Ohio technologies developed by the state’s institutions of higher education.
The SUNY Fredonia Technology Incubator’s Chautauqua Seed Fund grants $20,000 to Henlie Inc.
The Chautauqua Seed Fund is a collaboration among Chautauqua County Executive Gregory J. Edwards, the Chautauqua Region Industrial Development Corporation, the SUNY Fredonia Technology Incubator and the city of Dunkirk. Created in 2009 with an economic development grant from the County of Chautauqua Industrial Development Agency, the fund provides early-stage capital investments from the Chautauqua […]
NUtech Ventures/UTDC uses proof of concept funding to support a promising imaging spin-out, Ground Fluor Pharmaceuticals Inc.
University Technology Development Corp. provided proof-of-concept funding to help move DiMagno’s imaging agents out of the lab and into clinical trials. Supporting the transfer of university technology to the marketplace, UTDC is a University of Nebraska affiliate and the parent company of NUtech Ventures.
Nanofiber lands $500K from TechColumbus
TechColumbus announced Tuesday it has stepped up its commitment to incubator tenant Nanofiber Solutions LLC with a $500,000 loan that will convert to equity, the largest to date from the current $2 million round of state-backed Pre-Seed Fund investments.
Ohio Third Frontier Fund puts $1M into advanced next-generation medical device company
EndoSphere Inc. today announced that the Innovation Ohio Loan Fund (IOLF) has awarded $1 million to support EndoSphere’s platform of noninvasive, endoscopically-implantable devices that treat metabolic diseases including obesity and type 2 diabetes.
MI pre-seed fund invests in 9 new start-ups
From official press release: ANN ARBOR, Mich., April 23, 2012 /PRNewswire via COMTEX/ — Nine Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling more than $2 million. To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones, has awarded 72 Michigan companies with seed funding totaling more than […]
New Mexico State University funds its first two launch projects
LAS CRUCES – A new program at New Mexico State University’s Arrowhead Center that aims to take near-to-market technologies being developed on campus and help speed their way to the public has picked its first projects to fund.
Florida Opportunity Seed Fund announces awards
Opportunity Fund awards are intended to support new projects (not supplement current research). Proposals must involve faculty from at least two departments/units/colleges and are limited to $100,000 for the entire project period (two years)