U Washington spin-out, Kona Medical, lands Series C funding
Kona Medical Inc. has raised $10 million in new Series C equity and debt financing.That brings its Series C total to $40 million, including $30 million raised in May. The Series C round included two large-cap strategic investors who joined with prior investors Essex Woodlands, Domain Associates, Morgenthaler Ventures, Western Technology Investments, BioStar Ventures, and individuals […]
Oklahoma University, Oklahoma State, Cowboy Tech, and i2E partner in proof of concept center,fund
A collaboration between the University of Oklahoma, Oklahoma State University, Cowboy Technologies, LLC, and Innovation To Enterprise (i2E) promises to increase jobs and greatly enhance the number of new technologies that are spun out of university laboratories and into the marketplace. It will also accelerate the number of technology-based ventures in Oklahoma. A Memorandum of […]
Global from Day One: New Zealand-based Sparkbox Ventures makes two investments from seed fund
The Global from Day One Fund – the new seed investment fund established by Sparkbox Ventures and the ICEHO– USE – has made its first two investment commitments into two technology companies, Mohio and Stay Today. Andrew Duff, Sparkbox’s chairman, saidGlobal from Day One’s key criteriais to invest in new technology companies with an international […]
The University College of London delivers a suite of internal funds, translational research to start-up support
Internal Funding Translational Research Office Administered Funds Confidence in Concept UCL has been awarded £700,000 by the MRC to establish a Confidence in Concept fund to be used flexibly to support the earliest stages of multiple translational research projects. It is intended to accelerate the transition from discovery research to translational development projects by supporting […]
University of Florida start-up, AGTC, lands $37.5M in VC for novel approaches to curing rare genetic respiratory and retinal diseases
An Alachua-based biotechnology company has secured $37.5 million in venture capital funding in what is believed to be the largest private venture deal ever for an area company. Applied Genetic Technologies Corp. announced that a syndicate of three new investors has joined three existing investors in the funding round to move its genetic therapies through […]
British EPSRC supports Oxford University POC fund
Funding of £3.6m will help Oxford University researchers bridge the so-called ‘valley of death’ – the gap between having an idea for an invention and it being developed enough for others to want to invest in it. The money will go towards initiatives such as secondments that take researchers into industry and follow-on grants that […]
York University Student Enterprise POC fund, call for proposals
York CETLE is committed to helping students develop enterprising ideas and can offer very practical assistance in the form of proof of concept funding to get the idea of the ground. The aim of the Proof of Concept fund is to provide financial assistance to establish the feasibility of student business ideas. It will support […]
University of Sydney Sydnovate POC fund overview
The Sydnovate Fund provides critical financial support for research projects with commercial potential. These funds will be used to: Strengthen University Patents, especially by reducing inventions to practice during the 12 months period between Provisional filing and PCT filing. Strengthening the University’s copyright portfolio. Develop ’unripe’ projects into licensable opportunities by reaching critical milestones and […]
University of Kansas launches POC fund, will award $200K this year
The University of Kansas has created a new way support KU research projects that are close to commercialization, university officials said in a news release. The new Proof of Concept (POC) Fund will provide money to help research projects for one year to make the technologies more attractive for private investment. The fund will support […]
Testament to the challenges in implementing state-supported venture funds
A hard-to-pass proposal to use tax dollars to boost private investment in Wisconsin start-up companies could find its way into the next state budget bill, giving it a pathway through the legislative traps that ensnared it last session, a key state senator said Tuesday. Also Tuesday, the fix-it executive for Gov. Scott Walker’s troubled jobs […]