University City Science Center is launching a VC arm to invest in health equity startups – Technical.ly Philly
University City Science Center, an organization central to the region’s burgeoning life sciences sector, announced Wednesday the creation of its fourth “strategic pillar” — a venture capital arm that will deploy funds to startups addressing health inequities for underserved populations. This addition of a capital arm adds to the nonprofit’s existing work, which it describes […]
Projects that blaze new trails in research will receive Dean for Research Innovation funding
The new initiatives, spanning the natural sciences, humanities and collaborations with industry, are in the early stages of investigation — a time when it is typically difficult to find sources of research funding. To kick-start promising ideas, the Dean for Research Innovation Fund, now in its eighth year, provides the fuel that enables research to blaze […]
MSU Conquer Accelerator’s newest group focuses on financial technology businesses
Six businesses focused on financial technology are part of Conquer Accelerator’s sixth cohort that runs through Aug. 6. The businesses will receive $20,000 and mentorship over the course of 10 weeks. The selected companies are CrossBraining, Frizzmo, Nickels, Rebound AI, Safety Sit and Tandem. “The goal is to help a company go from product solution fit to product market fit,” said Tom Stewart, Conquer Accelerator […]
Brown to fund four biomedical technologies with potential for patient benefit, commercial viability
Four teams of Brown University researchers have been awarded up to $100,000 each to accelerate the translation of their scientific discoveries into commercial products that could benefit patients facing urgent medical challenges. Projects range from treating a rare childhood genetic disease to finding a new way to combat a deadly cancer. In its third annual […]
Duke U medtech startup Xilis raises $70M; Google Ventures, Duke Angels
Xilis, a startup founded by two professors at Duke University focusing on technology to boost precision health and oncology, has landed $70 million in new funding with Google Ventures among the backers. The two-year-old company had previously raised close to $5 million. “Our vision is to transform cancer care in diagnostics and reshape drug development […]
VTech Proof-of-Concept Program announces second year of funding to bring research to market
Virginia Tech Intellectual Properties (VTIP) with LINK + LICENSE + LAUNCH launched its inaugural Proof-of-Concept Program in 2020. The program is designed to help provide researchers paths to market for technologies from research with the potential for significant societal and economic impact. Since then, more than $400,000 has been awarded in grants to Virginia Tech researchers to commercialize Virginia Tech […]
Chicago startup Rheaply raises $2.2M from Microsoft climate fund, MIT
Rheaply, a Chicago startup that specializes in recycling and sourcing unused items, has raised new funding from Microsoft and MIT. The startup, led by CEO Garry Cooper, landed $2.2 million from Microsoft’s Climate Innovation Fund and MIT Solve’s investment arm, Solve Innovation Future. Founded in 2015, Rheaply has set out to strengthen the “circular economy,” a term […]
ISU Startup Factory announces its tenth cohort
The Iowa State University Startup Factory announced this month its tenth cohort of entrepreneurs entering the Iowa State-based program. The following are the names of the nine participating startups in the tenth cohort. FRUGI BIOTECHNOLOGY Founded by Jared Dopp, Frugi Biotechnology is a paper-based diagnostic that uses synthetic biology to detect pathogens. MACROLEI TECHNOLOGIES Founded by Nacu […]
UT Boyd Student-Owned Businesses Receive $30,000 in Seed Funds
Four businesses owned by students at the University of Tennessee, Knoxville, were awarded a total of $30,000 in seed funds in the spring 2021 Boyd Venture Challenge. The Anderson Center for Entrepreneurship and Innovation in the university’s Haslam College of Business hosts the annual grant competition. Start-up companies Arid Delivery Products, the Sleepy Owl Company, BusiCard, and Fluffy Friends […]
University Hospitals Ventures Receives Plug and Play Health’s Corporate Innovation Award
University Hospitals Ventures – the innovation and commercialization arm of University Hospitals Health System — was recognized June 15th with the Health Corporate Innovation Award from Plug and Play at its Summer Summit 2021. Plug and Play makes this distinct recognition to corporations that have demonstrated a commitment to expanding their innovation culture by developing […]