[COA Member] University Hospitals Ventures looks to encourage innovation
Looking to provide patients with complex, chronic diseases quicker access to costly medications, University Hospitals launched Specialty Pharmacy in 2016. It has become the first enterprise of UH Ventures, a new arm of the system that aims to develop business models leveraging existing capabilities and develop new revenue for the organization. And the new effort, […]
[COA Member] Utah’s Kickstart launches state’s richest seed investment fund
hile investment deals in startup companies are down signficantly among North American venture capital firms, one Utah company that specializes in early funding is on an arc of success that is showing no signs of slowing down. Kickstart Seed Fund announced Wednesday the state’s largest ever seed-dedicated venture capital fund and, at $74 million, the […]
First project funded through $65 million John Hopkins, investment firm partnership – Baltimore Business Journal
A Johns Hopkins cancer biology researcher has received the first investment from the newly created Bluefield Innovations fund. Bluefield Innovations is a collaboration between Johns Hopkins University and New York investment firm Deerfield Management. The $65 million funding effort is aimed at helping to commercialize early-stage therapeutic research coming out of Hopkins. Deerfield is providing the initial funding over five years. […]
Innovation Fund invests $575,000 in biotech companies @ U Chicago Polsky Center for Entrepreneurship and Innovation
The University of Chicago Innovation Fund announced plans to invest up to $575,000 into three biotechnology companies—ImmunArtes, Onchilles Pharma, and Oxalo Therapeutics. These latest investments bring the Innovation Fund’s total investment amount to over $6 million in 56 projects. On Friday, December 1, four finalists presented their proposals to the Innovation Fund advisory committee, which […]
The Maryland Venture Fund closed on $25M to invest in tech companies
The TEDCO-run investment arm closed on $25 million for the Maryland Innovation Opportunity Fund I, according to a press release. The money comes from Maryland’s State Retirement and Pension Fund. The state-backed fund, which focuses on tech, healthcare and life sciences, was transferred under leadership of TEDCO in 2015. It was then retooled as a new team […]
Partners HealthCare raises $171 million to invest in early-stage life science companies
Partners HealthCare System announced today the closing of $171.1 million in capital to invest in early-stage life sciences companies, which are a critical segment of the state’s innovation economy. The funds raised include $66.1 million in outside capital for Partners Innovation Fund II and a $105 million commitment from Partners institutions to Partners Innovation Fund. […]
WARF to rev up funding for startup companies | Business Report | chippewa.com
WARF is blazing forward with efforts to turn UW-Madison discoveries into products on the market, and will triple its spending on entrepreneurial programs over the next several years. Erik Iverson, managing director of the Wisconsin Alumni Research Foundation, noted that studies have shown Wisconsin lags many other states in entrepreneurship, ranking Wisconsin 25th in the […]
U of Minnesota Venture Center launches record 18 startup companies in FY17
The University of Minnesota announced today that it launched a record 18 startup companies over the past year based on discoveries and inventions by its researchers. Launching new companies through the Office for Technology Commercialization’s Venture Center is one of the primary ways the University brings cutting-edge research beyond the lab and into the marketplace. […]
Research Center IMEC creates smart tech VC fund, targets €100 million
The imec.xpand fund is targeting a total of €100 million to €120 million (up to about $135 million) and has already secured a significant amount of that according to Tom Vanhoutte, who is a manager of the fund alongside Peter Vanbekbergen. The fund is looking to support ideas and projects across the range of hardware […]
Zone Startups India floats early-stage VC fund to back tech startups, backed by Ryerson University
Mumbai-based technology startup accelerator Zone Startups India has launched an early-stage venture capital fund to back software startups with a focus on mobile technology and enterprise tech. Christened as Zone Startups India Fund, the fund is backed by Toronto-based startup accelerator Ryerson Futures, the investment arm of Ryerson University and the Chokhani family office. Citing […]