MIT’s $200M Venture Fund Invests In 7 Startups In Energy, Space And Smell
MIT’s big money venture fund for “tough tech” has opened its doors — and has announced its initial seven investments in areas ranging from alternative energy to space communications. First announced in October 2016, The Engine Fund seeks to invest in research-heavy startups that are more technologically demanding, and thus riskier, than those backed by […]
Airbus invests in satellite antenna-sharing startup Infostellar in $7.3m round
Tokyo-based startup Infostellar has announced raising $7.3 million in a Series A round led by the venture-capital arm of aerospace company Airbus, with participation from WERU Investment, D4V, and Sony Innovation Fund, as well as existing investors FreakOut Holdings and 500 Startups Japan. The latest round brings the total funds raised by the startup to […]
University of Malta TAKEOFF Seed Fund Awards – €100,000 to support entrepreneurs and researchers
Seven teams of entrepreneurs and researchers received a total of €100,000 during the 4th edition of the TAKEOFF Seed Fund Awards. The presentations were made by Minister Chris Cardona at the University of Malta TAKEOFF Business Incubator. The Minister stated that “as in previous years, it is encouraging to see ventures stemming from such a […]
University of Malta Seed funding awarded to entrepreneurs and researchers in the maritime field
A total of €67,500 was awarded to four teams of researchers and entrepreneurs through MarSA, the Maritime Seed Award, set up jointly by Malta Marittima and the University of Malta. The awards ceremony took place at the University TAKEOFF Business Incubator and was attended by Rector, Prof. Alfred J. Vella, Dr Daniel Aquilina, Chairman of […]
UA-Invented Sunscreen Receives Asset Development ProgramFunding and is Licensed to Leading World Aloe Vera Supplier
The University of Arizona has licensed a new non-penetrating sunscreen to MexiAloe Laboratorios, S.A. de C.V., a subsidiary of Novamex. Professor Douglas Loy presents during a Tech Launch Arizona NSF I-Corps course. Photo credit: Paul Tumarkin/Tech Launch Ariz The novel formulation binds oxybenzone – the active ingredient in most over-the-counter sunscreens – in such a […]
First four startups sign on with UNO, UNMC technology institute
A technology institute launched last winter by the University of Nebraska’s two Omaha campuses has signed its first four startup companies. UNeTech, a partnership between the University of Nebraska Medical Center and University of Nebraska at Omaha, was established to help identify promising startups and help them become successful. The four companies will move into […]
Purdue startup developing restorative oxygenation wound dressings receives $30,000 investment
A medical device startup commercializing a Purdue University innovation that delivers localized oxygen directly to wounds to promote and accelerate healing has received a $30,000 investment from a Texas health care seed accelerator. Mednoxa Inc., which has developed an over-the-counter restorative oxygenation wound dressing for ulcer and wound healing, was among nine health care companies selected to receive […]
University of New Mexico Spinout Aims to Develop Nanopore Sequencing Technology, supported with $1.5M from Catalyst Fund
In August, the firm received $1.5 million in seed investment from New Mexico’s Catalyst Fund. The nanopore technology will be based on work from several UNM researchers: Steven Brueck, a professor of electrical and computer engineering at UNM’s Center for High Technology Materials with an expertise in nanofabrication; Yuliya Kuznetsova, a research assistant professor whose […]
Airtree and Blackbird Ventures back Sydney University AI mining exploration platform
Two of Australia’s largest technology venture capital funds have backed a seed round for EARTH AI, a start-up that uses artificial intelligence to help mining firms find resources. Airtree and Blackbird Ventures are both looking to get in at the ground floor of the mineral exploration platform in a $500,000 round, which is smaller than the […]
University of Alaska professor gets $75,000 investment for startup
An incontrovertible fact of Alaska life means black ice can spin cars out of control and winter snow dumps take up precious asphalt space meant for cars. At least, that’s the accepted normal. A new invention market-tested by University of Alaska Anchorage professor Joey Yang shows promise for help. Called Tundra Tape, it’s a technology […]