Healthcare startup Gemstone Biotherapeutics gets Maryland Momentum Fund $250K investment
Baltimore-based Gemstone Therapeutics has received $250,000 in a new investment from the Maryland Momentum Fund. The investment from the fund, which was created by the University System of Maryland to support startups created by students, faculty, alums and other affiliates, is part of a new funding round for Gemstone, according to the fund. Gemstone CEO Emily English earned a bachelor’s degree from […]
Cargill to open innovation lab at University of Illinois
Cargill has announced a new partnership with the University of Illinois under which the Minneapolis-based company’s digital labs team of scientists will work alongside university students at a new Cargill Innovation Lab located at the Urbana-Champaign campus. As part of the partnership, Innovation Lab students and staff will work directly with Cargill business leaders, operations […]
Three startups to receive Innovation Fund Northeast Ohio support
Three Northeast Ohio startups have received funding from Innovation Fund Northeast Ohio in Elyria. Innovation Fund Northeast Ohio is a pre-seed fund for startups in the technology space. It was founded by the Lorain County Community College Foundation and launched in 2007. Since then, the fund has committed more than $15 million to 269 startups in the […]
TEDCO’s Maryland Innovation Initiative Fund Continues to Deliver Substantial Impact for Maryland Biohealth Companies
The Maryland Technology Development Corporation’s (TEDCO) Maryland Innovation Initiative (MII), a program designed to propel research from partner universities towards commercialization, has had a strong, demonstrable impact on many important life science portfolio companies in the BioHealth Capital Region (BHCR). AsclepiX Therapeutics, Inc., Neuraly/Theraly, NextStep Robotics, Sonavex and Coaptechare just a handful of the latest MII program success stories having achieved […]
CIT Gap Funds invests in Charlottesville, Va.-based Babylon Micro-Farms
CIT made an investment in Charlottesville, Va.-based Babylon Micro-Farms, provider of an on-demand indoor farming service. Founded in 2017, Babylon provides small growers and businesses with indoor agriculture modules through on-demand farming services using their patented IoT tech. The financial terms of the investment were not disclosed but Babylon said in a press release that it plans to use […]
Entrepreneurship Club students help transfer Princeton biotech research to business ventures
This is notable, because this is the type of project that MBA students normally undertake as part of their curriculum. But Alimtas did it, outside of class, on top of full course loads. “This sort of program — teams of students working with a tech transfer office to build out a business plan around a […]
Mercy, Baptist Health & more to partner with health tech startups in Arkansas accelerator program
The HealthTech Arkansas accelerator program announced its new cohort of six early-stage healthcare companies chosen to launch pilot projects at nine area hospitals and health systems. Throughout the program, each selected startup will receive seed funding from investors such as the Arkansas Economic Development Commission, as well as access to and guidance from clinicians and administrators at […]
IU Ventures announces new slate of startup support and investment programs
IU Ventures, formerly the Indiana University Research and Technology Corporation, has announced new programs designed to foster connections among investors, IU faculty, students and entrepreneurs throughout the global IU community to support, invest in and grow innovative new enterprises with IU affiliations. In the past, IU Ventures had a broad engagement focus, dealing with both […]
Portland Seed Fund raises $13.9M for third fund, looks to invest in more early-stage startups
Portland Seed Fund has raised its largest fund yet as the firm looks to invest in more startups up and down the west coast. PSF just closed its third fund, raising $13.9 million, nearly double the size of its second fund and triple the size of its first. The firm, founded in 2011, is one of […]
FSU and UF receive $29 million to speed discoveries leading to better health
The University of Florida Clinical and Translational Science Institute, in partnership with Florida State University, has been awarded $29 million to speed research discoveries that will lead to improved health for people living in the nation’s third-largest state. UF and FSU will expand their research partnership with the five-year award, which is funded by the […]