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 […]
U Zurich, Novartis UZH Life Sciences Fund Invests in First Spin-off
CUTISS is a company with a vision: To use personalized skin grafts to heal people all over the world with skin defects, including burn victims. The UZH spin-off has developed a novel procedure whereby a postage-stamp-sized biopsy of healthy skin is harvested from the patient. This is then bioengineered to create a skin graft around […]
Aston University startup gets $200K seed funding to bring AI to smart buildings
Grid Edge, is the brainchild of three researcher friends, Tom Anderson, Dr Jim Scott and Dr Dan Wright, who met while working together at Aston University’s European Bioenergy Research Institute in 2012. The funding comes from Ignite, the investment fund from UK power supplier Centrica, to help it take a step closer to realising its […]
UChicago Startup Investment Program makes first investment of $500K in surgical startup
The University of Chicago has made its first venture investment from the UChicago Startup Investment Program. ExplORer Surgical, which is based on technology developed at the University of Chicago Medical Center, provides an interactive surgical playbook that promotes optimal teamwork in the operating room. It will receive an investment of $500,000 from the University as part of […]
NC Biotech Center awards $3.6M in loans, grants :: Editor’s Blog at WRAL TechWire
The North Carolina Biotechnology Center awarded 47 loans and grants totaling $3.6 million to universities, bioscience companies and other entities in the fourth quarter of its 2016-2017 fiscal year ending June 30. The awards will support life science research, technology commercialization and entrepreneurship throughout North Carolina and help universities and companies attract additional funding from […]
Birmingham AI start-up secures £200,000 Centrica backing
Birmingham-based Grid Edge is the brainchild of three researcher friends, Tom Anderson, Dr Jim Scott and Dr Dan Wright, who met while working together at Aston University’s European Bioenergy Research Institute in 2012. Following three years of product development, the trio has created cloud-based energy management software which uses artificial intelligence (AI) to forecast the […]
University of Delaware founder gets $474K from State to fund new cancer drug company Prelude
Delaware’s Council on Development Finance has voted a $474,491 grant to Prelude Therapeutics, the latest company founded by Dr. Krishna Vaddi, whose previous cancer drug development company, Incyte, is now one of the state’s largest public companies. Prelude, another cancer drug “discovery-based biotech company” that employs around 12 at the University of Delaware’s Star Campus […]
Hong Kong X Technology Fund backs six startups, expands to Jordan
Hong Kong X Technology Fund has backed six HK-based emerging technology companies as part of an accelerator programme. This coincides with the launch of its second X-LAB, a co-working space for technology companies, in Jordan on 12 August 2017. This will see several of the investee companies move into X-LAB, sponsored by publicly-listed Sino Group, one […]
Texas Medical Center TMCx Welcomes New Medical Device Class
The Texas Medical Center (TMC) Innovation Institute kicked off its four-month accelerator program this week by welcoming 19 startups from across the world to introduce their medical devices to the Houston health care market. This is the fifth installment of TMCx, a program designed to meet the needs of startups at every stage—from ideation to commercialization—by lowering […]
UT Arlington translational research grants to help fund cancer, drug research
Funding for the Interdisciplinary Research Program along with the awarding of three seed grants will take effect Aug. 1. The program was awarded donations to provide seed funding for scholars to conduct cancer and drug research. “The awarded grants are intended to provide seed funding for the team of investigators to generate pilot data for […]