KAUST-based Startup NOMADD Closes $1M Investment Round with KAUST Innovation Fund
KAUST-based startup NOMADD (NO-water Mechanical Automated Dusting Device) recently closed a Series A funding round from the KAUST (King Abdullah University of Science and Technology) Innovation Fund totaling USD 1,000,000. NOMADD is a smart and ecological desert solar panel cleaning system developed at KAUST by Georg Eitelhuber, NOMADD’s founder and current chief technology officer. NOMADD […]
South African fund aims to sow and grow new university technologies
MOST universities start as teaching institutions, delivering graduates to society. After a number of years, the focus is shifted to a more research-oriented approach and, apart from graduates, research papers became an important output of the institution. At the turn of the last century, innovation became an important strategy globally and patents were added to […]
Bayer and Trendlines establish Ag Innovation Fund
Bayer and Trendlines, an Israeli innovation commercialization company, announced a partnership to invest in agricultural technologies through the establishment of the Bayer Trendlines Ag Innovation Fund. The flexible five-year partnership agreement includes a $10 million investment from Bayer, which will be managed by Trendlines. The partnership couples Bayer’s decades of experience in agricultural science, innovation […]
Unispectral Closes $7.5M Series A Funding, backed by Tel Aviv University
Unispectral, a Ramat Gan, Israel-based startup developing camera sensors with next-generation seeing and sensing capabilities, closed a $7.5m Series A funding. Backers included Jerusalem Venture Partners (JVP), RBVC ( Robert Bosch Venture Capital), Samsung Catalyst Fund (the early stage investment arm of Samsung Strategy & Innovation Center) and The Tel Aviv University Technology Innovation Momentum […]
Indonesia launches new multi-year research fund
Indonesia has launched a new research fund which will provide multi-year grants to scientists in the country. The country has given single year grants up to now, limiting the scope of research in the country to smaller exercises. “We have been pledged an allocation of up to US$40 million [of government funding] a year to […]
Jerusalem Venture Partners (JVP) LED Group Wins License to Operate a Tech Incubator
Jerusalem Venture Partners (JVP), an internationally recognized venture capital fund, announced today that it has been chosen byIsrael’s National Innovation Authority (Office of the Chief Scientist) to operate a Jerusalembased technological incubator. The JVP led group included Motorola Solutions (NYSE: MSI), Reliance Industries (NSE: Reliance) and Yissum, the Research Development Company of the Hebrew University […]
King Saud University plans fund to back research in scientific fields
King Saud University (KSU) will launch a fund to support and promote scientific research in various universities across the Kingdom.Dr. Ahmed bin Salim Al-Ameri, vice rector of the KSU Graduate Studies and Scientific Research (GSSR), recently announced this during an award ceremony at the Saudi Dental Society (SDS).The function was held on the sidelines of […]
Israel Venture Funds on Track to Raise $1.5 Billion for 2015
Israel’s venture capital funds raised $1.02 billion last year for investment in startup companies – a figure that may still grow by $500 million to the highest total in many years, the IVC Research Center and accounting firm KPMG said in a survey released Tuesday. Israeli VC funds raised less than the $1.21 billion they […]
Hong Kong launches $256m tech fund for startups
Hong Kong has launched a HK$2 billion (US$256.94 million) innovation and technology venture fund, aimed at investing in and growing Hong Kong-based startup ventures andreflecting a growing ecosystem. The Hong Kong Venture Capital & Private Equity Association (HKVCA) welcomed the announcement by Hong Kong’s chief executive, Leung Chun-Ying, at his 2016 Policy Address. This comes amidst recent growth in Hong Kong’s startup […]
Israel ready to fund joint R&D investment fund
If the federal government does not grab the opportunity presented by Israel to set up a jointly funded research and development fund we will know all the talk out of Canberra about innovation is hollow rhetoric. Israel would welcome an R&D partnership fund. That was made clear to Chanticleer on Monday during an interview with […]