Innovate Indiana Fund invests in early-stage payment-fraud analytics company
A high-tech company that detects payment-card fraud using machine learning and data analytics will be able to launch a product for merchants later in 2017. It will also be able to increase the size of its technical team that works on a product for banks and credit unions. Rippleshot received an investment from the Innovate […]
OKC’s Datebox secures $2.6 million investment round, led by i2E Inc
Datebox Inc., an Oklahoma City startup company that provides couples with creative dating ideas and products, has secured a $2.6 million seed round investment. The investment round included $1.3 million from the i2E-managed Oklahoma Seed Capital Fund, along with $300,000 from the SeedStep Angels group, also managed by i2E. The seed round also included $1 […]
NJBIZ Exclusive: Hackensack Meridian entering innovation and incubator space with $25M fund
The board of Hackensack Meridian Health has approved a $25 million capital fund so the state’s second-largest health system can dive into the world of innovation and incubators, NJBIZ has learned. Hackensack Meridian officials said the effort is viewed as a new revenue stream as well as a way to elevate the organization onto a […]
Wisconsin Economic Development Corporation awards $700,000 in grants to support local efforts to provide seed funding for startups
Three economic development organizations have been awarded a total of $700,000 in matching grants from the Wisconsin Economic Development Corporation (WEDC) to be used to provide seed funding for technology-based startups and early-stage companies. The Milwaukee Development Corporation has received a $500,000 grant under WEDC’s Capital Catalyst Program for the creation of a $1 million […]
U Nevada faculty advises Ozmen Ventures in launching a $5 million fund to spark local entrepreneurial ecosystem
Ozmen Ventures has announced its launch as one of the first early-stage investment funds in northern Nevada. Founded by Eren and Fatih Ozmen, owners of Sparks-based Sierra Nevada Corporation (SNC), a global aerospace and defense company, the fund aims to invest in young and dynamic local startups and cultivate the local entrepreneurial ecosystem. Ozmen Ventures […]
QD Solar, incorporated by MaRS Innovation and the University of Toronto, secures over $10M for the development of transformational Solar Energy Technologies
QD Solar, a Canadian technology company created by MaRS Innovation and the University of Toronto, announced today the closing of a C$2.5M Series A funding led by DSM Venturing, with matching investment participation from existing investors, MaRS innovation and KAUST Innovation Fund. The development of this technology is also supported by project funding that was […]
Grinnell College Innovation fund announces chosen projects
Grinnell College announced on Jan. 26 the projects selected for funding by the Innovation Fund. The nine chosen projects cover a range of areas with a particular emphasis on digital technology and addressing issues of diversity. Now in its fifth year, the Innovation Fund was created for faculty, staff and students to test out new […]
NC Biotech Center awards $1.4M in grants, loans
The North Carolina Biotechnology Center awarded 13 grants and loans totaling $1.4 million to universities and bioscience companies in the second quarter of its 2016-2017 fiscal year ending Dec. 31. The awards will support life science research, technology commercialization and entrepreneurship throughout North Carolina and help universities and companies attract additional funding from other sources. […]
$20-Million Fund Will Support Innovation at Ontario’s Colleges
The new $20-million Colleges Applied Research and Development Fund (CARDF) announced by Premier Kathleen Wynne will promote new economic growth, the Ontario Centres of Excellence and Colleges Ontario said today. “College-based applied research projects continue to develop innovations that help businesses throughout the province grow and create new, high-quality jobs,” said Linda Franklin, the President […]
Firebrand Ventures partners with UMKC to cultivate entrepreneurs
Firebrand Ventures has partnered with the University of Missouri-Kansas City to help local startup entrepreneurs. As part of the agreement, the Kansas City-based fund will offer graduates of UMKC’s E-Scholars program an opportunity to receive an investment from Firebrand starting in 2017. Housed under UMKC’s Regnier Institute for Entrepreneurship and Innovation (RIEI), E-Scholars offers students […]