Ann Arbor SPARK graduate receives support from Michigan’s new angel fund
Michigan State University technology spin-out company BioPhotonics Solutions Inc. is the first venture to win equity funding from the $2 million Michigan Angel Fund.
Three U of Iowa companies land $750K from state’s acceleration fund
Three companies with ties to the University of Iowa have obtained $750,000 in funding from the state to expand their businesses, create jobs, and further develop their products. Memcine Pharmaceuticals, Inc., NanoMedtrix, LLC, and Iowa Approach, LLC were awarded direct financial assistance from the Iowa Economic Development Authority. The funding is designed to help these and other […]
Wolverine Fund participates in $7M round in healthcare analytics company, ArborMetrix
The Wolverine Venture Fund, managed by students at The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan Ross School of Business, today announced it has invested in ArborMetrix, a leading provider of real-time healthcare analytics. The $7 million Series B round ofventure capital financing was led by RPM Ventures alongside existing investor Arboretum […]
FSU Introduces Innovation Foundation To Accelerate Student Entrepreneurship
FSU President Eric Barron announced plans for a future organization dedicated to assisting student entrepreneurs in transforming their ideas into real businesses — the FSU Innovation Foundation
Washington’s Life Science Discovery Fund Announces $1.5M In New POC Awards
The Life Sciences Discovery Fund (LSDF) today announced nearly $1.5 million in Proof of Concept grants to Washington for-profit and nonprofit organizationsto foster translation of health-related technologies from idea to market launch. Also announced was over $300,000 in supplemental funding to two ongoing grants to enhance the commercial potential ofthe technologies developed through those awards.
Drexel Gets Into Early Stage Venture Capital
Drexel University is getting into early-stage venture capital. The school announced Monday the creation of “Drexel Ventures,” a new program designed to incubate and fund new technologies developed by faculty, students and alumni
Invest Nebraska puts $500K into healthcare software firm
Nebraska economic development officials and business leaders announced a matching $500,000 seed investment from Invest Nebraska, as part of the Nebraska Department of Economic Development Innovation Fund, to Phynd Technologies, a new software firm that soon will launch a new solution for hospitals and health care providers.
State of Georgia Awards $100K Innovation Grant to Georgia Tech for Research Into Sensiotec’s Non-Contact Cardiorespiratory Patient Monitoring
ATLANTA, GA–(Marketwired – Jun 25, 2013) – The State of Georgia, through the Georgia Centers of Innovation Program (COI) and OneGeorgia Authority, has awarded the Georgia Institute of Technology a grant of almost $100,000 for ongoing work on Sensiotec Inc.’s innovative, non-contact cardiorespiratory monitoring technology platform
Allied Minds raised $100M to expand investment in universities and federal labs
The private investment firm has significantly expanded its asset base since its founding in 2006, bolstered by investor confidence in its unique, and efficient, model for forming, funding and building new companies based on early-stage technologies in the life-sciences and technology sectors. Allied Minds, Inc., the biggest investor in technologies developed at renowned U.S. university […]
New Brunswick-Saint John Adds $14M To The Research Innovation Fund
SAINT JOHN, N.B. – A $20 million investment over five years to support research and innovation in New Brunswick was announced today by Post-Secondary Education, Training and Labour Minister Danny Soucy as part of the government’s $80 million innovation strategy