Cambridge university start-up fund raises £75m ahead of IPO
The university founded CIC in 2013 with an original £50m investment, which came from its own funds as well as outside investors including Lansdowne Partners, one of the largest hedge funds in London, and Arm Holdings, the technology group. The £75m of cash raised ahead of an expected IPO was oversubscribed, said Victor Christou, CIC’s […]
Venture fund puts $6 million into UCSD inventions
Two technologies from UC San Diego – a saliva diagnostics sensor and foam that can generate power – have been selected for up to $6 million in funding by local start-up investor NextWave Venture Partners. The deals highlight NextWave’s business model of licensing promising technologies from universities and research institutes. It has named its latest […]
Alafair Biosciences raises $2M with eye on marketing, product development; U Texas Horizon Fund invests
Alafair Biosciences Inc. has identified how it plans to spend its most recent $2 million series A funding round — the Austin medical device company said Monday afternoon it will use those dollars for product development and to widen its branding reach. The investment, first reported by Austin Business Journal back in mid-July, was led […]
Battery startup big University of Waterloo Velocity Fund winner
A startup that is developing battery technology was the big winner at the Velocity Fund Finals at the University of Waterloo on Thursday. Salient Energy won one of four $25,000 prizes as well as a $10,000 prize awarded to the top hardware startup in the competition. Ten startups competed for prizes in the Velocity Fund […]
Chicago Impact Engine Launches $10M Fund, Betting Capitalists Can Do Well While Doing Good
Some dismiss social impact entrepreneurship as a feel-good diversion. But a group of successful investors in Chicago are throwing $10 million on the table to prove that capitalists can do well while doing good. Impact Engine today announced a $10 million early-stage impact investment fund for companies dedicated to making money and solving one social […]
Five startups split $70K from Winston-Salem venture fund, with chance at $250K
Five startups from a pool of 235 were selected to share in $70,000 in upfront funding as part of the 2016 fund of Winston-Salem-based New Ventures Investment Club. Each of the five will now participate in the New Ventures Startup Accelerator program based at Flywheel Cowork in Wake Forest Innovation Quarter, with the opportunity to […]
U Oregon tech startup firm plans to grow with $1 million infusion
A Eugene startup that has invented technology used in drug discovery and environmental testing recently raised $1 million in an investment round to help support its growth. NemaMetrix, a spin-out of University of Oregon research, has developed a portable device that can be used to quickly test the effects of drugs or environmental toxins on […]
9 companies join Portland Seed Fund portfolio
The eighth class of the Portland Seed Fund will take the stage Wednesday afternoon before 100 investors in downtown Portland, completing the latest cycle of the accelerator. This class of companies ranges from health care technology to food to sharing platforms. There are also three startups outside of the fund’s traditional Portland metro. The companies […]
Research University Technology and Start-Up Gap Funding Review
These days, universities talk a big game about innovation, and some ideologues even say that universities are so outdated that they hinder innovation, but the truth is that research universities continue to play a major role in the development of new technologies. Whether new technologies are developed in universities or at scrappy startups that operate […]
€500,000 fintech start-up fund announced by Enterprise Ireland
Announcing a new start-up fund for fintech start-ups today (26 May), Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor, said the support was a “key part” of the current Government’s push to help key sectors. Providing €50,000 in equity to 10 selected start-ups in the fintech area, applications open at the start of June […]