MSU’s student-led VC fund offers new hands-on learning
With a new investment fund at Michigan State University, students can gain experience on either side of the venture capital industry. The Student Venture Capital Fund offers students with an idea for a business or an innovation “priceless” experience in seeking capital and pitching to prospective investors, said Jeff Wesley, the executive director of Red Cedar Ventures at […]
University of Arizona-focused venture fund invests in optics firm
A venture-capital fund dedicated to backing University of Arizona technology spinoff companies has made its sixth investment and the first for its second venture fund. UA Venture Capital Fund has invested an undisclosed amount in EARDG Photonics, Inc., whose technology for “enhanced augmented reality display glasses,” was developed by researchers within the UA College of […]
CIT GAP Funds Named Virginia’s Most Active Investor
The Center for Innovative Technology (CIT) announced today that CIT GAP Funds has been named Virginia’s most active investor by CB Insights, developer of a tech market intelligence platform that analyzes millions of data points on venture capital, startups, patents, partnerships, and news mentions to predict future technology trends. CIT GAP Funds joins an impressive list […]
University of Michigan to invest up to $20 million in four of its startups
ANN ARBOR—The University of Michigan will make a $2.75 million initial investment into four U-M startups with potential funding of up to $20 million through subsequent financing rounds. The U-M Board of Regents approved the investments Thursday through the Michigan Investment in New Technology Startups initiative. The MINTS fund, which is overseen by the U-M […]
IU Philanthropic Venture Fund invests $250,000 in environmental compliance company: News at IU: Indiana University
The Indiana University Philanthropic Venture Fund, which invests in IU-related ventures, has invested $250,000 in Indianapolis-based Encamp Inc. The company works with its clients to make environmental compliance — such as meeting environmental regulations for clean air and water, waste disposal, and hazardous material management — fast, simple and accurate. CEO Luke Jacobs, lead technical architect Daniel […]
IU Philanthropic Venture Fund invests $500K in health care communication and collaboration 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 invested $500,000 in Indianapolis-based Diagnotes Inc. The company helps health care professionals communicate with each other, patients and caregivers on a single, unified, cloud-based platform […]
Purdue Foundry Investment Fund provides $750,000 to advance 3 life sciences startups
Purdue Research Foundation’s Foundry Investment Fund has invested a total of $750,000 in three life sciences startups to advance them to commercial viability. Novosteo Inc., Phytoption LLC and Confluence Pharmaceuticals LLC each will receive a $250,000 investment from the fund. The goal of the fund is to add critical capital for the transition from the discovery of a promising technology to […]
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 […]
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 […]
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 […]