U Washington spin-out, Kona Medical, lands Series C funding
Kona Medical Inc. has raised $10 million in new Series C equity and debt financing.That brings its Series C total to $40 million, including $30 million raised in May. The Series C round included two large-cap strategic investors who joined with prior investors Essex Woodlands, Domain Associates, Morgenthaler Ventures, Western Technology Investments, BioStar Ventures, and individuals […]
Recent overview of US Office of Innovation and Entrepreneurship initiatives
A complete overview of the background and planned initiatives from the US Office of Innovation and Entrepreneurship, including: i6 Challenge National Advisory Committee on Innovation and Entrepreneurship Interagency Working Group on Technology Transfer High Education Forum Full Deck: http://www.slideshare.net/3helix/us-office-of-innovation-and-entrepreneurship-overview#btnPrevious
University of Florida start-up, AGTC, lands $37.5M in VC for novel approaches to curing rare genetic respiratory and retinal diseases
An Alachua-based biotechnology company has secured $37.5 million in venture capital funding in what is believed to be the largest private venture deal ever for an area company. Applied Genetic Technologies Corp. announced that a syndicate of three new investors has joined three existing investors in the funding round to move its genetic therapies through […]
University of Kansas launches POC fund, will award $200K this year
The University of Kansas has created a new way support KU research projects that are close to commercialization, university officials said in a news release. The new Proof of Concept (POC) Fund will provide money to help research projects for one year to make the technologies more attractive for private investment. The fund will support […]
Pennsylvania governor puts dollars behind innovation initiatives, new funding programs
To position Pennsylvania as a national leader for technology development, Gov. Tom Corbett’s administration announced today the awarding of new investments to support business, community and university-based innovation. “The governor is committed to providing our start-up companies and entrepreneurs with the resources they need to grow here and stay here,” Department of Community and Economic […]
Arizona Furnace, The First Statewide Accelerator Program Based on Technology Transfer Unveils First Ten Startups
Scottsdale, AZ (PRWEB) November 16, 2012 Arizona’s first-of-its-kind statewide technology transfer startup program, AZ Furnace Accelerator, is pleased to announce it has selected the first 10 startups that will participate in the business accelerator program. As part of the competitive process, a panel of judges selected the 10 winners from a group of 22 finalists […]
Testament to the challenges in implementing state-supported venture funds
A hard-to-pass proposal to use tax dollars to boost private investment in Wisconsin start-up companies could find its way into the next state budget bill, giving it a pathway through the legislative traps that ensnared it last session, a key state senator said Tuesday. Also Tuesday, the fix-it executive for Gov. Scott Walker’s troubled jobs […]
Overview of MIT-Germany Seed fund, a global campus approach
MISTI (MIT International Science and Technology Initiatives) offers seed funds to MIT faculty and researchers to support early-stage international projects and collaboration. MISTI Global Seed Funds includes a general fund for projects in any country and several country funds with their own requirements. Overview: http://web.mit.edu/misti/mit-germany/faculty/MIT-Germany%20Seed%20Fund%20flyer.pdf
University of Illinois-Urbana Champaign details proof of concept initiatives, recent recipients
There is a well-known funding gap between basic laboratory research and the resulting commercial products. Proof of Concept (POC) funding has proven to be a crucial element in bridging this so called “valley of death” between research and development. The goal of POC funding is to “de-risk” an invention such that the technology is more attractive for […]
Oklahoma Proof of Concept Center formed from regional partnership of universities, investors, and state-support
i2E has collaborated with The Oklahoma Center for the Advancement of Science and Technology , the University of Oklahoma’s Office of Technology Development, Oklahoma State University’s Office of Intellectual Property Management and Licensing, and Cowboy Technologies, LLC to develop a regional Proof-of-Concept Center. Combining i2E’s venture advisory and investment teams with university technology commercialization staff the […]