U Arizona-focused venture fund invests in alum’s job-matching company
A venture-capital fund focused on University of Arizona spinoffs has announced its fourth investment since its founding last year, backing a Phoenix-based startup with an online platform to help hotels and restaurants quickly find temporary workers. UA Venture Capital Fund LLC participated in funding a seed round of growth capital for Qwick Inc., which was […]
Penn cell therapy spinoff Cabaletta Bio of Radnor raises $38 million
Cabaletta Bio Inc., a biopharmaceutical startup spun out of the University of Pennsylvania, has raised $38 million in an equity financing and signed an exclusive license agreement with Penn related to T cell therapy. In addition, the Radnor-based company has entered into two multiyear sponsored research agreements with Penn for the discovery and development of […]
IU Philanthropic Venture Fund commits $500,000 to drug development company
The Indiana University Philanthropic Venture Fund, which provides capital to faculty, students, alumni and staff at all IU campuses to help them further develop their research and innovations into startup companies, has committed to invest $500,000 in Indianapolis-based NERx Biosciences Inc. as part of $2.2 million bridge round. The company discovers and develops targeted therapeutics for cancer treatment. John […]
2018 Fall Cohort Finalists Selected for the UChicago Innovation Fund
The Polsky Center for Entrepreneurship and Innovation at the University of Chicago has announced the five companies moving on to the fall finals of the 2018 University of Chicago Innovation Fund. Each of the finalists will present their ventures to the Innovation Fund advisory committee and public audience in an event hosted by the Polsky Center […]
U Utah Center for Technology & Venture Commercialization Announces Fall 2018 Seed Fund Recipients
The University of Utah’s Center for Technology & Venture Commercialization has announced the recipients of its second round of seed funding. Awardees include an LED facial-recognition camera for mobile phones, a catheter-mounted microscope that helps diagnose cardiac disease and a high-voltage lithium battery that maintains consistent energy intensity. TVC formed the seed fund in early […]
Two Northeastern startups named MassChallege Boston finalists, competing for $1.5M in cash prizes
Two startups founded by members of the Northeastern community have been named finalists in MassChallenge Boston, a global business accelerator program for companies in the early stages of development. Boston Materials produces strong carbon fiber composite materials that could be used to manufacture sports equipment, aircraft components, and other products to be lighter than ever but equally as […]
Twelve Academic Technologies Selected for Science Center Proof-of-Concept Program
Twelve promising technologies developed at nine academic institutions across the tristate region have been selected as finalists for the University City Science Center’s QED Program. QED is designed to bridge the gap between academic research and product commercialization. Researchers from the Children’s Hospital of Philadelphia; Harrisburg University of Science and Technology; New Jersey Institute of Technology; Penn State College […]
StreetLight Data raises $10 mln from Osage University Partners
StreetLight Data, Inc., the mobility analytics company that brings real-world travel patterns to light, today announced that it has closed $10 Million in Series C funding. StreetLight Data’s proprietary solution, StreetLight InSight, is an online SaaS tool designed for Smart Cities and the transportation industry. StreetLight InSight combines big data with processing and industry-targeted analytic […]
Texas Medical Center’s TMC Venture Fund invests $500K in Two Medical Device Startups
In another landmark event, two medical device startups – CorInnova and Intelligent Implants – were each awarded $250,000 grants at the Texas Medical Center (TMC) on Thursday. These funds were from the $25 million TMC Venture Fund which was raised by the Texas Medical Center to support new startups in the healthcare sector. This announcement […]
Startup That Analyzes Bacteria in Feces Gets Backed by UChicago Fund
BiomeSense, a startup developing biosensors that can detect particular kinds of bacteria in patients’ feces that could help improve the efficacy of clinical trials, won the University of Chicago’s Innovation Fund finals and an investment of up to $250,000 from the college. The finals, which took place May 31, featured five startups that presented their […]