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 […]

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 […]

TMCx Medical Device Companies Pitch at Expert Forum 

The TMC Innovation Institute hosted a successful Expert Forum last week featuring its 19 medical device cohort startups. The TMC Expert Forum, where the companies pitch innovations to a room full of potential advisors, mentors and key opinion leaders, closed out a three-week “boot camp” that the companies participated in at the beginning of the […]