Menlo Ventures raises new $450M fund to back early consumer, enterprise and ‘frontier technologies’
Silicon Valley VC Menlo Ventures has closed a new $450 million fund to invest primarily in early-stage “consumer, enterprise and frontier technologies”. The funding brings the firm’s total capital to more than $5 billion under management, while Menlo Ventures says the fund was oversubscribed with both new and existing limited partners. “Menlo’s emphasis on early-stage […]
Four University of Malta research projects awarded €240,000 in new pilot programme
The University of Malta recently launched a new pilot programme to award four prospective research projects by university researchers, a total of €60,000 each over two years. The funds will cover expenses and costs such as those for research assistants, data gathering and surveys, software, consumables, conferences, dissemination and outreach etc. The projects will be […]
Louisiana Tech TOP DOG New Venture Championship winners announced
A total of $12,500 in cash and prizes were awarded recently to the most innovative, student-developed product and service ideas at the 2017 TOP DOG New Venture Championship at Louisiana Tech University. Awards were presented to the top three finishers in the competition with the “Lunch Pad” team of Jon Emas (supply chain), Nathaniel Foster […]
Honeywell Launches New Venture Investment Fund Focused On Early-Stage, High-Growth Companies
Honeywell (NYSE: HON) today announced the launch of a new investment fund that will invest in early-stage, high-growth technology companies that are strategically aligned to the Company’s portfolio and software capabilities. The initial fund size is expected to be approximately $100 million and investments will be made through Honeywell Venture Capital LLC, a wholly owned subsidiary […]
Harvard Innovation Lab awards $310,000 in prizes
The Harvard Innovation Lab, a university-wide initiative that fosters student entrepreneurship, awarded $310,000 in prize money Tuesday night to winners of the sixth annual President’s Innovation Challenge, an interdisciplinary competition for students to develop solutions to pressing problems within the health and life sciences industry. According to Jodi Goldstein, managing director of Harvard Innovation Labs, […]
Company with University of Kansas roots goes public on NASDAQ
Cory Berkland might not be the first person you’d guess would help to create what has become a multimillion-dollar company. The distinguished professor, appointed in the departments of Pharmaceutical Chemistry and Chemical & Petroleum Engineering at the University of Kansas, grew up on a pig farm in Iowa, studied chemical engineering at the undergraduate and […]
University Of Sydney startup Abyss raises $1m to take underwater data service global
A provider of underwater robotics out of University of Sydney, which claims it could have prevented California’s recent Oroville dam crisis, has raised $1 million for global expansion. Abyss Solutions, whose 18-member team comes mostly from Sydney Uni’s Australian Centre for Field Robotics, claims to have built high-resolution sensors paired with fault detection algorithms that, when attached to aquatic drones, […]
Penn State startup Virolock Technologies secures $75,000 in funding
When facing an outbreak of an infectious disease like Zika, influenza or Ebola, early detection and isolation of the virus is critical. A new Penn State startup is working to tackle this challenge with truly remarkable technology. As a viral outbreak begins to spread, those with recent infections may not yet show symptoms, and unknowingly […]
University of Texas Dallas Seed Fund Makes First Startup Investments
The evergreen fund launched earlier this year within the university’s Institute for Innovation and Entrepreneurship is designed to provide capital to startups progressed beyond an idea and needing to scale. Businesses originated by UTD students, alumni, faculty, staff, or others associated with the university are eligible to apply. Bryan Chambers, director of the fund and UTD’s Blackstone LaunchPad […]
Microsoft Ventures doubles down on AI with new investments in Agolo and Bonsai
Ever feel like there’s just too much information out there? New York-based Agolo is hoping so. The startup is developing a program that summarizes large amounts of information using artificial intelligence — and it’s one of two AI startups that announced new funding Wednesday from Microsoft’s corporate investment arm, Microsoft Ventures. Agolo’s funding, first reported by VentureBeat, […]