Innovate Indiana Funded Start-up Closes $10M Series B

PrecisionHawk, an IU-funded venture that deploys unmanned aerial vehicles (UAVs) to collect and process data for various commercial users, today disclosed a second round of funding that totals nearly $10 million.

Moscow Seed Fund invests in first medical tech project

The Moscow Seed Fund and nanotech centre Technospark have invested $156k in company NSL’s medical laser drill. The instrument is designed for contactless puncturing of the finger tissue for blood analysis. The money will allow NSL to take the drill into mass production.

LSDF announces $750,000 in Proof of Concept grants to promote health-related technologies

SEATTLE, Washington, August 29, 2014 – The Life Sciences Discovery Fund (LSDF) today announced nearly $750,000 in Proof of Concept grants to Washington state for-profit and non-profit organizations to promote translation of health-related technologies from the laboratory to the commercial marketplace. Also announced was nearly $56,000 in supplemental funding to an existing grant to increase […]

New University of Hawaii POC center aims to improve commercial success of UH research

The University of Hawai’i is launching an entrepreneurial springboard for its world-class research. The UH has achieved numerous accolades in research: from the cloning of green mice to the recent launch of a student-designed and built small satellite. Building upon these achievements, UH now aims to transform its world-class research and talent into an equally […]

UWM entrepreneurs selected for IdeaAdvance seed fund

Five University of Wisconsin-Milwaukee (UWM) faculty, students and alumni are among 11 teams receiving start-up grants from the Wisconsin Economic Development Corporation (WEDC) and the University of Wisconsin-Extension Center for Technology Commercialization (CTC). Each team will receive up to $25,000 each through the Ideadvance Seed Fund. Gov. Scott Walker announced the awards Aug. 22.

Macomb Community College sets up innovation fund for start-ups

Macomb Community College just put a considerable amount of money where its mouth is. The college’s Board of Trustees agreed this week to allocate $1 million for creation of an Innovation Fund, a program that provides financial support to start-up and established businesses, which in turn will offer educational and employment opportunities for students.

Startup secures $4.6 million; cites University resources

Seed money, expert advice, business contacts and other services from the University of Chicago helped PhysIQ (formerly known as VGBio) launch a service that it expects will improve patient care and reduce health care expenditures nationwide.