Tech Launch Arizona Looks to Build on Initial Success | UANews
Tech Launch Arizona was established early last year to ensure that good ideas developed by University of Arizona researchers do not live and die in laboratories or grow dusty on bookshelves but enter the market for public benefit. In its first full fiscal year of operations, TLA executed 39 exclusive licenses and options for 72 […]
University Of Maryland, Baltimore Invests $100,000 To Complete Harpoon Medical’s $3.6M Series A Financing
University of Maryland (UM) Ventures and Harpoon Medical, Inc. announced today that the University of Maryland, Baltimore (UMB) has invested $100,000 in Harpoon Medical. This is the first equity investment UM Ventures has made in a company and completes Harpoon Medical’s $3.6M Series A financing. The investment also coincides with the U.S. PTO’s decision to […]
Houston venture capital firm opens Ann Arbor office headed by U Michigan Graduate
University of Michigan graduate and serial entrepreneur Adrian Fortinio will lead a new office for the Houston-based Mercury Fund–a venture capital firm–according to a report in Crain’s Detroit Business. Fortino co-founded FlockTag and was a vice president at Invest Detroit before being tapped to lead Mercury’s new Ann Arbor office. The firm, which raised more […]
Cornell University’s Binoptics sold to Massachusetts company for $230M
Ithaca laser-technology company Binoptics is being bought by M/A-Com Technology Solutions of Lowell, Mass., for $230 million in cash, the company announced Wednesday. Binoptics, in business since 2000 using technology developed at Cornell University, develops and makes semicondutor microchip lasers for equipment in the data and telecommunications industries that use light energy rather than electricity. […]
Utah Student-run venture capital fund empowers and supports students
In charge of a $500,000 venture capital fund, a group of 10 students from Utah universities are trying to find and fund the best entrepreneurs on local campuses. As investment associates for Campus Founders Fund, they meet weekly to hear pitches from students and then collectively decide whether or not to fund them. If funded, […]
University City Science Center receives million dollar grant to accelerate growth of new companies
Penn’s University City neighbor wants to facilitate startup development — and the federal government has taken note. The United States Economic Development Program, a government agency aimed at supporting sustainable job growth and the construction of durable regional economies, awarded the University City Science Center a million dollar grant to support its Phase 1 Ventures […]
Stony Brook Announces Four Finalists for Inaugural Discovery Fund Award
Sometimes you just have to do it yourself. That’s what theStony Brook Foundation did in establishing The Discovery Fund, which supports pioneering scientific breakthroughs with philanthropic giving in response to declining federal grants for basic research. Now, the finalists for the inaugural Discovery Fund Award have been selected and will compete for up to $200,000; the recipient(s) […]
UMass records best-ever year for startup businesses, $2M in POC Funding
The University of Massachusetts created six new startup companies within the past year, its best-ever annual performance, and set new records for patent applications and the number of faculty members disclosing inventions, President Caret said today. The new companies reflect the University’s increased focus on coaching, mentoring and providing other services and support to help […]
UTexas-San Antonio honors eight researchers at second annual Innovation Awards
UTSA President Ricardo Romo, Vice President for Research Mauli Agrawal and the UTSA Office of Commercialization and Innovation recognized eight UTSA faculty members yesterday at the university’s second annual Innovation Awards luncheon. The UTSA Innovation Awards program recognizes UTSA researchers who have contributed to the university’s entrepreneurial ecosystem by securing patents and/or commercial licenses to protect, develop and […]
NC State’s Chancellors Innovation Fund Has Backed 23 Projects, Secured $4.2M in Follow-on Funding
In four years, 23 projects have earned funding from the CIF. The $1.3 million invested in them has generated $4.2 million in follow-on funding and $460,000 in licensing revenue for the university, as well as launching six startup companies. Each year, roughly 75 faculty members file CIF proposals. After initial screening, finalists pitch their technology development […]