3 eminent alumni fund innovation centre at IIT-Madras
IIT, Madras on Wednesday unveiled its centre for innovation and entrepreneurship which will pave the way for more teaching, research, product development and policy-making initiatives.Named the `Gopalakrishnan-Deshpande Centre’ (GDC) after three of its wellknown alumni, it has an initial funding of $1 million from Infosys vice-chairman Kris Gopalakrishnan and venture capitalists Desh Deshpande and Jaishree […]
Four Ugandan Startups Win $10000 Seed Fund in Up Accelerate Program | PC Tech Magazine
At least four Ugandan start-up groups have been awarded USD 10000 each, to assist them in the development of transformative solutions to tackle persistent sexual and reproductive health bottlenecks in the country. The four groups were revealed on Tuesday January 17th after a pitching session in the Up Accelerate program at Outbox hub in Kampala. […]
University of Akron unveils $500K Spark Fund program to fund student, faculty innovations
The University of Akron Research Foundation is unveiling a new program called the Spark Fund to help develop new innovations and technologies among graduate students and faculty.The program, which aims to foster innovations leading to university start-ups, will pay to prototype and test five to seven innovations in 2017, thanks to matching funding from the Ohio […]
EPFL startups raise record $393M in outside capital in 2016
Companies linked to the Lausanne-based tech university raised 397 million francs ($393m) in 2016, smashing the previous record set in 2014, of 242 million francs, EPFL said in a statement. The funds were raised by spin-offs created as a result of technology developed in an EPFL lab or created by a campus researcher, as well […]
Israeli VC Pitango launches its 7th early-stage fund of $175M | TechCrunch
Pitango Venture Capital, one of the most active VCs in the Israeli startup scene, has announced its seventh fund, Pitango Venture Capital 7. The fund will have $175 million under management, and invest from seed upwards. The new fund focuses on IT and life science investments, specializing in enterprise infrastructure, IoT, artificial intelligence and digital […]
University of Chicago Investing $25M From Endowment Into Its Own Startup Companies
The University of Chicago is pulling $25 million from its endowment to back business ideas from faculty, students and alumni. The university on Friday announced it will tap into its $7.1 million endowment to provide funding for startup companies founded or that include people from the university or ideas developed on the Hyde Park campus. […]
Tsinghua University’s Redbud Capital To Launch $150M Venture Fund-Of-Funds
Redbud Capital, an investment platform under Tsinghua Holdings, has teamed up with the State-owned Assets Supervision and Administration Commission (SASAC) of Yiwu City and Zhejiang China Commodities City Group to launch a RMB1 billion (US$150 million) fund-of-funds focused on venture capital. The new vehicle will invest in venture funds, says an announcement without elaboration. It’s […]
University of Cambridge breaks its early stage investment record with £5.3 million into 14 startups
For the fourth year in a row, the University of Cambridge has broken its early stage investment record, approving 14 seed fund investments for a total of £5.3 million, an increase on the £3.8 million invested in 2014/15. This new funding follows another successful year highlighted by the exits of VocalIQ, Lumora and Cambridge CMOS […]
NewYork-Presbyterian launches venture fund for digital health
NewYork-Presbyterian has formed an investment fund to drive growth of fledgling digital health companies. NewYork-Presbyterian has focused on advanced technologies for enhanced care delivery for years. The venture fund follows the 2014 launch of the NYP Innovation Center to implement cutting-edge technologies for both clinicians and patients across its hospitals and clinics. Earlier this year, […]
Michigan State University Foundation Launches $5M Venture Fund, Red Cedar Ventures LLC
[fusion_text]The Michigan State University Foundation (MSUF) announced today the formation of its new, $5M venture investing subsidiary, Red Cedar Ventures. Its newest program features both a pre-seed fund and an opportunity fund focused on helping Michigan State University-based startups and technologies overcome critical funding gaps, accelerate growth, and provide follow-on, growth-stage capital. “We have been […]