Update: Axonia closes on $2M in seed funding. Gap funds play a role (Ann Arbor SPARK, Western Michigan University RF, and others)
Axonia Medical, an early stage company pioneering a revolutionary approach to repair and restore damaged peripheral and central nervous systems, announced today that the company has closed on $2.0 million in seed financing. The financing was led by Southwest Michigan First Life Science Venture Fund and included participation from Ann Arbor SPARK and Western Michigan […]
UCSF’s Clinical and Translational Science Institute translational research award funds gene therapy application
To get help tailored to her individual needs, Bhargava applied for a T1 Translational Catalyst Award, granted by UCSF’s Clinical and Translational Science Institute (CTSI). The award is designed to help drive promising, early-stage research through the lengthy and complex process of translating promising ideas into patient benefit.
University of Illinois at Chicago prepares to fund 2012 proof of concept projects
This initiative is modeled after a novel early stage funding approach being adopted by many universities across the US and is aimed at helping faculty inventions “bridge” the funding gap that is often encountered when a technology tries to move from the basic research arena into the commercial development realm. Discoveries resulting from basic research […]
University of Iowa Centers for Enterprise set to fund 2012 POC projects
The Iowa Centers for Enterprise (ICE), in conjunction with the Office of the Vice President for Research (OVPR), is pleased to announce seed funding that is designed to expand the commercialization of UI technology. The funds are to support the development of innovations with commercial potential, with the result that more UI technology reaches the […]
Kent State University receives three grants from Third Frontier Tech Validation and Start-up Fund
The Ohio Third Frontier program recently made three separate grants to Kent State University researchers through the newly established Technology Validation and Start-up Fund, which promotes the commercialization of Ohio technologies developed by the state’s institutions of higher education.
Northeastern University student-led accelerator fund grows its funding
Student-run venture accelerator IDEA has added another pitch round over the summer, and more funding to its program. Created by a group of students at Northeastern University, IDEA will now offer another opportunity for current undergraduate and graduate students and alumni to bring their ventures out of the dorm room and in front of investors.
UCSD Von Liebig Center Graduate, Ortiva Wireless, is acquired
Israel’s Allot Communications (NASDAQ:ALLT), which optimizes data traffic and performance for both fixed and mobile broadband networks, says it is acquiring San Diego-based Ortiva Wireless, which specializes in optimizing video streaming across wireless networks. Financial terms of the deal were not disclosed.
$8.25 million Seed Fund for Early-stage Life Science Companies: BioCrossroads Forms Indiana Seed Fund II
INDIANAPOLIS, April 30, 2012 /PRNewswire via COMTEX/ — BioCrossroads announced today the formation of the Indiana Seed Fund II (the Fund), an early-stage capital fund focused on identifying, creating and developing the next generation of Indiana-based life sciences companies. The $8.25 million fund is a follow-on to the Indiana Seed Fund I, a $6 million […]
NY Dept of Health/Venture firms team up to support digital health
In unique public-private partnership, the state Department of Health has teamed up with venture capital firms to invest in health technology and push New York to the top of the growing field of electronic medical records.
Moody Foundation supports research at U Texas Medical Branch
The University of Texas Medical Branch announced a $25.5 million contribution from the Moody Foundation of Galveston. The commitment includes $16.5 million to complete the new Jennie Sealy Hospital’s intensive care complex on the university’s island campus. The rest of the contribution will benefit the exploration of research opportunities.