Wichita State University Ventures accelerator program results in the addition of 15 jobs
Last year’s Innovation Accelerator competition, held by Wichita State’s WSU Ventures and funded through the Kansas Department of Commerce, has resulted in the addition of 15 jobs. In early 2015, seven technology-based companies were awarded with $109,600 in funding through the Competitive Innovation Accelerator Shock Tank competition. The competition sought innovation with commercial applications and […]
Science Center’s Start-Up Accelerator Emerges from Stealth Mode To Focus on “Long Horizon” Technologies
Inventors and entrepreneurs interested in starting a new company, or in growing a newly started company, have one more option to obtain funding, expertise, and other resources with the University City Science Center’s Phase 1 Ventures Program. Soft-launched as a stealth-mode pilot in 2015, Phase 1 Ventures, or P1V, is now widening its net for […]
URMC startup lands $5M in funding
A University of Rochester Medical Center startup that makes biosensors has landed millions in funding from outside of New York. Adarza BioSystems of West Henrietta has gathered $5 million in venture capital. Adarza will use the money to expand its manufacturing facility in St. Peters, Missouri, launch its first product and further development a second product. The $5 […]
Gap fund awards help WSU innovations make an impact
SEATTLE – Development of a universal flu vaccine, a treatment that could regenerate muscles and training to address racial bias are a few innovations that are one step closer to reaching the market thanks to the Commercialization Gap Fund (CGF) at Washington State University. Seven WSU faculty received support from the second round of CGF […]
UNC Rex’s venture fund expands by $8 million
UNC Rex Healthcare, which four years ago committed $10 million to create a venture capital fund that invests in startup health care companies, has set aside an extra $8 million for further investments. The board of directors at Rex, which is part of the UNC Health Care System, has authorized the fund, Rex Health Ventures, […]
Seed fund helps catalyze Duke energy research on materials, environment, policy
Research projects that examine energy materials, the water-energy-food nexus, and renewable energy policies will receive funding in 2016 from the Energy Initiative’s Energy Research Seed Fund. Six projects involving 16 faculty members were selected for the third annual round of awards from the fund. The Energy Research Seed Fund provides a financial head start for […]
New early-stage venture fund forming with eye on Pittsburgh startups
Pittsburgh-area entrepreneurs will soon have another funding option for growing early phase startup companies. Pharmaceutical giant GlaxoSmithKline has thrown its support behind the creation of a $100 million venture capital fund, which will help meet a need for early stage business startup capital in the Pittsburgh area. Philadelphia-based SG3 Ventures anticipates awarding its first round […]
Rogue launches new venture fund with Oregon State
Portland investment firm Rogue Venture Partners is launching a new startup fund with Oregon State University. Rogue has already raised $4 million for the current fund and hopes to raise between $10 million and $20 million by the end of that, according to Tom Sperry, the firm’s managing director. He said Oregon State has committed […]
New Iowa startup investment fund on the horizon
A new fund that would invest in Iowa startups is in the works after receiving certification from the state. River Glen Venture Partners aims to raise a pool of $25 million it would invest in early-stage companies, fund founder Matt Busick said. “We think that’s the right number to build a portfolio over four to five years of 10 (startups) […]
Purdue Ventures to Oversee Startup Investments
The combined investment resources for Purdue University-affiliated startups will now be managed by a single entity. The newly-created Purdue Ventures will oversee the deployment of $37 million in investments from the Purdue Research Foundation’s multiple funding resources. Dan Hasler, president and chief entrepreneurial officer of the Purdue Research Foundation, says it makes sense to put […]