Mayfield raises $525 million for two new funds for early stage startups
The majority of that capital ($400 million) makes up Mayfield XV, the fund focused on early-stage companies, while the rest ($125 million) will go to Mayfield Select for later-stage investing. Mayfield says that Mayfield Select is a first for the firm, which has traditionally focused on investing in younger startups. Even so, those late-stage dollars […]
New £180m fund to accelerate innovation across the Midlands Engine
The ERA is the first project to be delivered by the ‘Midlands Innovation’ initiative and will help unlock £120m of private sector investment. It will tackle some of the biggest energy challenges facing the UK such as making the best use of available resources and how to produce affordable energy. Commercial secretary to the Treasury, […]
University of Michigan’s Social Venture Fund Invests in Conversa Health
The Social Venture Fund, in collaboration with the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan’s Stephen M. Ross School of Business, today announced that it has participated in the Series Seed B convertible note round for Conversa Health, a rapidly growing San Rafael Calif.-based patient engagement company. […]
Jamaica Technology Innovation Fund to be created
Minister of Energy, Science and Technology Dr Andrew Wheatley says the Government is moving to make Jamaica the Caribbean’s leading producer of technology, through the creation of a Technology Innovation Fund. He explained that the Fund will provide for the sustainable financing of technology-based and start-up projects. Dr Wheatley was speaking at the opening of […]
Bridging the Gap: Commentary on University Technology and Start-up Gap Funding for 4/22/16
[sharing tagline=”Please Share This With Your Networks!” tagline_color=”” title=”” link=”” description=”” pinterest_image=”” icons_boxed=”” icons_boxed_radius=”4px” box_colors=”” icon_colors=”” tooltip_placement=”” backgroundcolor=”” class=”” id=””][/sharing][fusion_text] So This Happened Last Week… 1)Don’t stop me if you have seen this…. The long-term success of a growing company is hindered by investors pressure to push through to an early exit. The established company […]
Bridging the Gap: Commentary on University Technology and Start-up Gap Funding for 4/15/16
[sharing tagline=”Please Share This With Your Networks!” tagline_color=”” title=”” link=”” description=”” pinterest_image=”” icons_boxed=”” icons_boxed_radius=”4px” box_colors=”” icon_colors=”” tooltip_placement=”” backgroundcolor=”” class=”” id=””][/sharing][fusion_text] So This Happened Last Week… 1)FINALLY, my home state of MN, is starting to look at supporting gap funding of technology and start-ups (along with some great R&D incentives for industry collaborations). A recently-proposed, one-time […]
Unispectral Closes $7.5M Series A Funding, backed by Tel Aviv University
Unispectral, a Ramat Gan, Israel-based startup developing camera sensors with next-generation seeing and sensing capabilities, closed a $7.5m Series A funding. Backers included Jerusalem Venture Partners (JVP), RBVC ( Robert Bosch Venture Capital), Samsung Catalyst Fund (the early stage investment arm of Samsung Strategy & Innovation Center) and The Tel Aviv University Technology Innovation Momentum […]
Dr. Mao receives UF Informatics Institute Seed Fund grant
Dr. Liang Mao just received a UF Informatics Institute Seed Fund 2016 grant for his new project “Developing temporally comparable high resolution rurality maps for social and health sciences”. The project will run from September 2016 to August 2017. Dr. Mao will investigate the concept of ‘rurality’ has been widely used by policy makers and governments at […]
Off to great start-ups: Rowan gives $200K
Rowan University senior Nicholas Dennis and graduate Melissa Schipke have different ideas for increasing community engagement, but they share the same dream of building early-stage startups. With help from the Rowan University Innovation Venture Fund, the two will be able to do just that. The fund — dedicated to helping young entrepreneurs build fledgling businesses into viable operations that […]
University of Massachusetts announces $215,000 in Tech Development Awards
President Marty Meehan today announced $215,000 in funding for a program that over the past 13 years has seen UMass invest $2,355,000 in faculty R&D projects, leading to $15 million in follow-on investment, generating numerous commercial licenses and patents and resulting in startup companies locating in Massachusetts. “With these awards, we are investing in today […]