University of Minnesota, Optum, Other Med

A group of major medical device manufacturers have joined a new initiative to bolster the security of their equipment amid a “growing number of cybersecurity threats.” The University of Minnesota said its Center for Medical Device Cybersecurity would allow academia, government, and industry to collaborate to help ensure the safety and security of increasingly advanced […]

University of Minnesota and Launch Minnesota create Discovery Launchpad MN startup incubator to help entrepreneurs succeed statewide

The University of Minnesota and Launch Minnesota announced today a new startup incubator program that provides one-on-one coaching to help accelerate the growth of early-stage companies. Discovery Launchpad MN, operated by the UMN Technology Commercialization Venture Center and funded by the state’s Launch Minnesota program, offers a unique opportunity for startups that have previously received […]

Minneapolis-based Vensana Unveils $225 Million Venture Capital Fund 

Vensana Capital, a venture capital firm focused on medical technology, on Wednesday announced its first venture capital fund. Known as Vensana Capital 1, the $225 million fund has received financial backing from a range of investing institutions, including public pensions, university endowments, foundations, and health systems, Vensana officials said in a news release. Investment interest […]

Twin Cities to host first summit connecting university tech and startup funds with industry and investors

The Twin Cities will host the first gathering focused on connecting university tech and startup funds with innovative companies and early-stage investors. COvergence, scheduled for July 11th, is aimed at jump starting conversation around active university proof of concept, startup, and venture gap funds and accelerators that will lead to greater collaboration to advance innovation from the lab to the marketplace.

University of Minnesota MnDRIVE Global Food Ventures graduate fellows announced

Eight graduate students who are working toward their master’s or doctoral degree from the College of Food, Agricultural and Natural Resource Sciences (CFANS); the College of Veterinary Medicine (CVM); and the School of Public Health (SPH) were recently awarded fellowships from Minnesota’s Discovery, Research, and InnoVation Economy (MnDRIVE) for the 2018-2019 school year. The world’s population is expected to […]

Rochester ED $5 million fund supports start-up companies 

For the past five years, the Rochester Economic Development Fund has been striving to create new local jobs by financing business start-ups, like GoRout and Vyraid. The fund, financed with $5 million of local-option sales-tax dollars, has doled out more than $2.5 million in loans, investments and grants to 15 early stage companies and business […]

Techstars launches Minnesota accelerator for agriculture and food startups 

International startup accelerator Techstars announced today that it is launching a new ag tech accelerator in Minneapolis-St. Paul, Minnesota. Called the Farm-to-Fork Accelerator, the program will be managed by Brett Brohl, previously an entrepreneur in resident at Techstar’s Retail Accelerator, also based in Minnesota. Cargill and Ecolab, some of the largest players in the ag tech […]