IU Philanthropic Venture Fund invests $250,000 in Qumulex, a cloud-based security solution provider
IU Ventures has invested $250,000 in Qumulex, a company poised to transform the video surveillance and access control industry by unifying video surveillance and access control with cloud storage and accessibility. The investment is part of a Series Seed II funding round. Qumulex is developing a platform of security solutions, including both hardware and software, for the […]
Status Update: U California Riverside ‘wet lab’ opens for startups and local entrepreneurs
By definition incubators foster growth, and that’s what officials at UC Riverside hope its newest scientific project will do. The school’s Wet Lab Incubator opened its doors to the Inland Empire’s entrepreneurial community at a ribbon-cutting ceremony Oct. 21. The 3,000-square-foot facility, the first of its kind in the region, will be available for local […]
Minnowtech raises $600K seed round, supported by U Maryland Momentum Fund
Aquaculture tech company Minnowtech closed on $600,000 in seed financing with an eye on bringing its system for imaging shrimp to the Southeast Asian market. The round included a $150,000 joint investment from the Maryland Momentum Fund, which is the venture fund of the University System of Maryland, and the University of Maryland Center for Environmental Science (UMCES). The HATCH Aquaculture Accelerator participated, […]
Groundbreaking grant will transform KY’s Healthcare startup ecosystem, statewide organization formed
A $4 million grant received by the University of Kentucky, University of Louisville, Commonwealth Commercialization Center (C3) and the Kentucky Cabinet for Economic Development demonstrates the power of partnership. It also paves the way to bring dozens of new med-tech and health-related companies to life across the state in the coming years. The four-year Research […]
Xconomy: Venture Investors Bets on Healthcare, and Milwaukee, With $75M Fund
Venture Investors is going all-in on healthcare with its latest venture fund. Launched in 1982, Venture Investors (VI) is the oldest venture firm in Wisconsin, and one of the older VCs in the US. Historically, early-stage life sciences and healthcare startups have made up the majority of its investments, but it has also backed young […]
Rutgers University Receives $4M as New Hub Under NIH REACH Program to Accelerate Development of Biomedical Technologies
Rutgers, The State University of New Jersey was selected as one of five new hubs under the National Institutes of Health’s Research Evaluation and Commercialization Hubs (REACH) program to speed up the translation of biomedical discoveries into commercially viable diagnostics, devices, therapeutics, and tools to improve patient care, enhance health, and train the next generation […]
NDSU students seeking investors for venture capital fund Pathway Ventures
FARGO – Three North Dakota State University students are seeking to create a $1 million venture capital fund. The founders of Pathway Ventures made their initial public appeal for investors on Wednesday, Oct. 23, at the 1 Million Cups Fargo event at The Stage at Island Park. The student-run venture capital group aims to help […]
FACIT and University of Toronto launch precision medicine company, supported by seed fund
FACIT, a commercialization venture group, together with the University of Toronto (“U of T”), announced the creation of Ontario-based Cellular Analytics (the “Company”). Cellular Analytics is founded upon a proprietary microfluidic platform that enables molecular characterization of cancer at the level of single circulating tumour cells. The technology quantitatively detects sensitivity to immune-oncology agents ‘on-chip’ at both significantly […]
Inside Ottawa’s newest startup accelerator
An Ottawa biotech startup that’s finding new ways to regrow skin, bones and even spinal tissue has found a new home in La Cité’s accelerator program – the latest addition to the college’s entrepreneurship program. Spiderwort recently moved into La Factorie Desjardins – an area designed for entrepreneurs in the newly constructed Excentricité pavillion. The bioengineering […]
Innovative ideas are supercharged at Texas Tech Red Raider Accelerator
Braxton Manley wanted to create “really cool Apple Watch bands” because his was boring and uncomfortable. Nine-year-old Cooper Williams wanted a way to track the ice cream truck so he could have his money ready when it arrived. Gage Dutkin wanted a way to make sure no more children died after being left in hot […]