Battery startup born out of University of Queensland raises $1.74 million to fuel rapid growth plans
Brisbane startup Pure Battery Technologies has raised $1.74 million to commercialise University of Queensland-developed technology to improve the production of batteries for electric vehicles. The technology enables the nickel and cobalt minerals required for making batteries to be more easily extracted, and then converted into the components quickly and cheaply. The technology has been in development […]
Two IURTC venture funds invest $400,000 in marketing data technology company
The Indiana University Philanthropic Venture Fund and the Innovate Indiana Fund have invested $400,000 in Indianapolis-based Zio Inc. Zio has created its Customer Insight Marketing Platform for brands in the retail sector. The company was co-founded by CEO Angel Morales and IU graduate Reuben Vandeventer, who is its chief data scientist. Morales said the platform creates insights into […]
University accelerator sees startups smash $50m milestone
The University of Queensland has cemented its position as a leading launchpad for entrepreneurs and a magnet for major investors, with startups from its ilab programs attracting more than $57 million. UQ offers a range of hands-on programs, including its Germinate accelerator, that give budding founders the skills, connections and seed funding to create a startup and to turn early-stage […]
IU Philanthropic Venture Fund invests in regenerative medicine company Vascugen
The Indiana University Philanthropic Venture Fund, which provides capital to faculty, students, alumni and staff at all IU campuses to help them further develop their research and innovations into startup companies, has invested in Vascugen Inc., a regenerative medicine company. Vascugen is focused on finding therapies to repair human tissue damaged by reduced blood flow due to […]
U Arizona-focused venture fund invests in alum’s job-matching company
A venture-capital fund focused on University of Arizona spinoffs has announced its fourth investment since its founding last year, backing a Phoenix-based startup with an online platform to help hotels and restaurants quickly find temporary workers. UA Venture Capital Fund LLC participated in funding a seed round of growth capital for Qwick Inc., which was […]
Maryland launches training program to attract Israeli health startups
Maryland has launched a new pilot training program designed to help Israeli health startups expand their companies to the state. MarketReach America will bring 15 to 20 companies in the medical device and digital health sectors from Israel to Maryland for two weeks of training in May of next year. They will learn about breaking […]
Tulane launches program to connect student startups with mentors
Tulane University has started a new program that brings investors, entrepreneurs and executives in to coach students on how to create successful businesses. The Albert Lepage Center for Entrepreneurship and Innovation’s 12 Innovators-in-Residence program teams 12 successful mentors with student startups to give them feedback on their ventures. They include Timothy Bovard of Search Fund […]
PPL Foundation supports Penn State Schuylkill’s LionLaunch innovation hub
The PPL Foundation has selected Penn State Schuylkill’s LionLaunch program, part of President Eric J. Barron’s Commonwealth-wide Invent Penn State entrepreneurship initiative, for funding. The sustaining grant proposal submitted by campus personnel was awarded funding in the amount of $2,500. Established in May 2016, LionLaunch is a community-based entrepreneurship program that provides funding and mentorship […]
Penn cell therapy spinoff Cabaletta Bio of Radnor raises $38 million
Cabaletta Bio Inc., a biopharmaceutical startup spun out of the University of Pennsylvania, has raised $38 million in an equity financing and signed an exclusive license agreement with Penn related to T cell therapy. In addition, the Radnor-based company has entered into two multiyear sponsored research agreements with Penn for the discovery and development of […]
IU Philanthropic Venture Fund commits $500,000 to drug development company
The Indiana University Philanthropic Venture Fund, which provides capital to faculty, students, alumni and staff at all IU campuses to help them further develop their research and innovations into startup companies, has committed to invest $500,000 in Indianapolis-based NERx Biosciences Inc. as part of $2.2 million bridge round. The company discovers and develops targeted therapeutics for cancer treatment. John […]