Innovation Brings Big Investments
Investors must like what they see among Hoosier technology companies, because they’re sure bringing in their dollars. Last year saw a serious uptick in investments from venture capital firms and other types of funding sources, and the new decade began with a bang that only held the trend. 2019 was one of the best years […]
The House Fund closes its second fund with $44 million to pour into UC Berkeley grads, alums and faculty
In 2016, we profiled a then-24-year-old named Jeremy Fiance who had managed to pool together $6 million for a fund focused on his alma mater, UC Berkeley, where as a student he’d brought to campus Kairos Society, an organization for budding entrepreneurs, as well as created a student accelerator called Free Ventures. Fiance wasn’t waiting on someone to give […]
IU Philanthropic Venture Fund invests $250,000 in Qumulex, a cloud-based security solution provider
IU Ventures has invested $250,000 in Qumulex, a company poised to transform the video surveillance and access control industry by unifying video surveillance and access control with cloud storage and accessibility. The investment is part of a Series Seed II funding round. Qumulex is developing a platform of security solutions, including both hardware and software, for the […]
Minnowtech raises $600K seed round, supported by U Maryland Momentum Fund
Aquaculture tech company Minnowtech closed on $600,000 in seed financing with an eye on bringing its system for imaging shrimp to the Southeast Asian market. The round included a $150,000 joint investment from the Maryland Momentum Fund, which is the venture fund of the University System of Maryland, and the University of Maryland Center for Environmental Science (UMCES). The HATCH Aquaculture Accelerator participated, […]
U-M creates investment fund to fill gap for early-stage capital for university startups
U-M Tech Transfer, the unit responsible for commercializing University of Michigan research discoveries and innovations, will create the Accelerate Blue Fund to provide seed capital to nascent U-M startup companies. Creation of the fund was approved Oct. 17 by the U-M Board of Regents. “There are enormous benefits to the university and our region in […]
U Arizona Venture Capital Fund Invests in New High Power Laser Technologies
UAVenture Capital Fund (UAVC), a Tucson-based venture capital fund dedicated to the commercialization of University of Arizona discoveries, products, technologies and services, today announced its tenth, eleventh and twelfth investments. The Fund has invested in DeUVe Photonics, Inc. whose deep-ultra-violet short-wave-length technology will address an unmet need in the 230-400 nanometer wavelength range with unmatched performance in power, […]
OSF Hospital System Ventures Launches Second Venture Capital Fund
OSF Ventures, the corporate investment arm of OSF HealthCare, has launched a second venture capital fund of $75 million to continue its strategy of supporting new technology, devices and services that offer improved and more cost efficient health care. Three and a half years following its first investment, OSF Ventures has directly invested in 15 companies and […]
IU Ventures announces new slate of startup support and investment programs
IU Ventures, formerly the Indiana University Research and Technology Corporation, has announced new programs designed to foster connections among investors, IU faculty, students and entrepreneurs throughout the global IU community to support, invest in and grow innovative new enterprises with IU affiliations. In the past, IU Ventures had a broad engagement focus, dealing with both […]
Hopes for £100m venture capital fund to back university spin-outs
A partnership of North East universities is looking to create a £100m venture capital fund that will be used to grow spin-outs from some of the region’s top minds. The Northern Accelerator was initially created to support spin-out businesses from the organisation’s partner universities – Durham, Newcastle, Northumbria and Sunderland. It is now looking to […]
UnityPoint, a midwestern hospital network, launches $100M venture fund
At the inaugural MedCity INVEST Pop Health conference in New Orleans on May 22, West Des Moines, Iowa-based UnityPoint Health announced that it has launched a $100 million venture fund. UnityPoint is a network of hospitals, clinics and home care services in Iowa, Illinois and Wisconsin. According to the UnityPoint Health Ventures website, the fund will make investments […]