CincyTech wraps up raising $20 million seed capital fund
Cincinnati startup capital company CincyTech has finished raising its fifth fund, giving it nearly $20 million in new money to invest. Avondale-based CincyTech, based in the University of Cincinnati’s 1819 Innovation Hub in Avondale, raised $19.7 million for its fifth investment fund. It wrapped up fundraising at the end of April. CincyTech will use the […]
Madison’s tech sector booms, driven by UW innovation
The strong growth of Madison’s technology sector is drawing attention nationwide. The boom is fueled in part by UW–Madison, which provides cutting-edge research, entrepreneurial graduates and researchers, and a well-educated local workforce that motivates some employers to open offices in Madison. In 2020, the country’s biggest tech migration increase took place in Madison, according to […]
Six named for spring Iowa Startup Accelerator
Six businesses will join NewBoCo’s Iowa Startup Accelerator as part of its spring program. The six companies will be Steel Therapeutics of Iowa City, Presaj of Cedar Rapids, Lotus Razors of Ames; Curbicus of Clear Lake; and Stagerie and Sevelyn, both of Clive. “Diversity seems to be a theme with this year’s cohort,” Managing Director […]
UAB spinoff to treat chronic respiratory disease announces $3 million seed funding
A biomedical research company founded by a University of Alabama at Birmingham physician-scientist has received $3 million in seed funding. ResBiotic Inc. — spun off from UAB last year — will use the money to develop and commercialize groundbreaking probiotic formulations for lung health, says founder C. Vivek Lal, M.D., an associate professor in the UAB Department of Pediatrics, Division […]
Student startups awarded $75,000 at WSU business plan competition
Student venture teams presented their business ideas last week and competed for $75,000 in prize money at an annual business plan competition hosted by WSU’s Center for Entrepreneurial Studies. More than 28 student venture teams, representing nearly 150 students across three leagues, participated in the virtual event Thursday. The top five teams of the competition’s […]
Huntington Avenue Ventures Announces $1M First-Close Investing in Northeastern University-affiliated Companies
Huntington Avenue Ventures, a new early-stage venture capital firm, today announced their first close. The fund, investing in Pre-Seed to Series A companies with an affiliation to Northeastern University, exceeded its first closing target of $1M USD. With a final target of $2M, it is the first fund focusing exclusively on NU and is amongst the many university […]
Boeing partners with Virginia Tech Innovation Campus, commits $50 million
$50 million, multiyear commitment from Boeing will help jump-start Virginia Tech’s effort to create the most diverse graduate technology campus in the United States, the university announced Tuesday morning. Boeing’s commitment will provide student scholarships, foster the recruitment of world-class faculty and researchers, and fund STEM pathway programs for underserved K-12 students looking to pursue […]
University of Alberta precision health and entrepreneurship platforms get a boost to accelerate innovation
Three University of Alberta projects have received funding from Alberta Innovates aimed at accelerating health innovation in the province. PRECISE, ADEPT and the University of Alberta Health Hub & Accelerator have been awarded support through the Health Innovation Platform Partnerships (HIPP) program. The program seeks to enable a health innovation ecosystem that is robust, co-ordinated and a competitive […]
CU Boulder begins accelerator for COVID-19 innovations
Venture Partners at CU Boulder, the technology-commercialization arm of the University of Colorado Boulder, has started a new accelerator to commercialize COVID-19- related research. The Pandemic Hyper Accelerator for Science and Technology, or PHAST, will work to commercialize diagnostics, environmental sensors, supply-chain innovations and more, according to an article posted on the Venture Partners website. […]
Introducing Lux Libertas Ventures: UNC’s first student-run venture capital fund
Lux Libertas Ventures is UNC’s first student-run venture capital fund, specializing in Generation Z consumer investments. LLV focuses on pre-seed investments into consumer internet startups that attack the problems faced by Generation Z, such as mental health, digital wellness, consumer banking and other areas of exploration. The organization is run entirely by UNC students with a […]