UB incubator gives new push to startup growth
The University at Buffalo’s new $7 million downtown incubator represents the region’s latest step toward promoting the growth of startups. The incubator consists of four floors inside the Center of Excellence for Bioinformatics and Life Sciences on the Buffalo Niagara Medical Campus. There are sleek new offices for entrepreneurs, along with laboratory space. But the […]
Cornell AI startup secures $1 million in seed funding
Iterate Labs, a startup with Cornell beginnings that uses wearable sensors and computer vision to drive factory production and worker safety, has obtained $1 million in seed funding to support the company’s growth. The funding award was led by Monozukuri Ventures, a specialized investor in hardware and manufacturing technology companies, with co-investor Tyson Ventures, the […]
Lab Bench to Commercialization grant recipients announced | Penn State University
Two faculty members have been selected to receive Lab Bench to Commercialization (LB2C) grants from the Eberly College of Science in 2021. The competitive program provides funding for researchers in the college, enabling them to enhance the commercial potential of ongoing research and prepare them to translate their intellectual property to the marketplace. This year’s […]
Rev1 Ventures Launches $10MM Pre-Seed Fund with The Ohio State University & Ohio Third Frontier
COLUMBUS, Ohio, March 10, 2021 /PRNewswire-PRWeb/ — Today, Rev1 Ventures, the startup studio that combines capital and strategic services to help startups scale and corporates innovate, is launching Future Value Fund I (FVF), a new $10MM for-profit investment fund focused on building the Central Ohio startup ecosystem. The Fund is the company’s most significant pre-seed fund to date and the largest […]
CIT GAP Funds Makes Follow-On Investment in RoundlyX to Help Users Better Manage Digital Asset Portfolios
The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has made a follow-on investment in Richmond, Va.-based RoundlyX, a digital asset wealth management platform. Since its initial GAP Funds investment in May 2020, RoundlyX has expanded its service beyond the United States, with users now able to connect to any European or UK […]
UF Creates $1 Million Venture Fund for Faculty Startups | UF Innovate
In its ongoing efforts to rise to Top 5, the University of Florida has established its own venture fund to benefit startups founded on university research. Starting this fiscal year, the university will provide $1 million a year to fund startups founded on UF technology. Jim O’Connell, assistant vice president for commercialization at UF and […]
Pitt announces application for student Big Idea Advantage Fund
Our goal at the Big Idea Center is to provide students with the opportunity to take their ideas from concept to reality. We are thrilled to be able to take this mission one step further by introducing the Big Idea Advantage Fund! This new investment opportunity is the first of its kind and geared towards […]
Two students, four faculty awarded NOVA Fellowship FuTUre Fund innovation prizes
The NOVA Fellowship at The University of Tulsa has awarded FuTUre Fund innovation prizes to two students and four faculty. This funding will support their projects aimed at boosting the culture of innovation at TU. Since 2013, TU has hosted the NOVA Fellowship program, which puts students and faculty in charge of a project of their own creation. These […]
Intern builds confidence through work with startup in entrepreneurship program | Penn State University
For Jeanette Debek, the problem-solving nature of entrepreneurship sparks a special type of excitement. To foster this excitement and learn more about the entrepreneurial mindset, the junior studying advertising in the Donald P. Bellisario College of Communications enrolled in Penn State’s intercollege minor in entrepreneurship and innovation (ENTI). Debek’s ENTI courses educated her on entrepreneurship concepts, and […]
Portland Seed Fund stands to reap a windfall from Seattle company’s $6.5 billion sale
A major technology deal in Seattle could have big implications for entrepreneurship in Portland. Identity authentication startup Auth0 sold Wednesday for $6.5 billion in stock to Okta, a larger rival that provides its own security technology. Founded in 2013, Auth0 received early funding from the Portland Seed Fund, which backs early stage companies in the […]