[COA Member] Three angels launch new New Mexico investment fund
Three of New Mexico’s prominent angel investors are launching a new, $4 million venture fund to pump early-stage capital into high-tech startups around the state. New Mexico Angels President John Chavez, Vice President Dorian Rader and board member Sherman McCorkle are partnering together to launch the new NMA Ventures, which will invest between $200,000 and […]
Innovation Fund invests $575,000 in biotech companies @ U Chicago Polsky Center for Entrepreneurship and Innovation
The University of Chicago Innovation Fund announced plans to invest up to $575,000 into three biotechnology companies—ImmunArtes, Onchilles Pharma, and Oxalo Therapeutics. These latest investments bring the Innovation Fund’s total investment amount to over $6 million in 56 projects. On Friday, December 1, four finalists presented their proposals to the Innovation Fund advisory committee, which […]
U Maryland Ventures launches new fund, entrepreneurship space in Lion Brothers building
A new innovation space from the University of Maryland, Baltimore is opening inside the historic Lion Brothers building on Hollins Street. About 6,200 square feet of the 38,000-square-foot building will be dedicated to offices, class/meeting rooms and coworking space geared toward supporting entrepreneurship and technology startups. The new space will be called the GRID, an […]
Inside Boston University’s $20M Plan to Crank Out More Innovators
Compared to the whole Boston entrepreneurial scene, Boston University admits it has fallen a little behind when it comes to fostering innovation among its community. So, the private university is launching a set of initiatives – which the school groups under the label “Innovate@BU” – to give its over 30,000 students more opportunities to engage in creative […]
Cisco Innovation Challenge helps students launch their ventures
Everyone needs to do their part to conserve water. But what if entire communities could work together to eliminate the unnecessary waste of this valuable resource? That’s the idea behind Green Plant Framework/Aquifer Systems, founded by Joshua Parde. The system allows users to compare the total volume of water delivered from a municipal source to […]
U of Minnesota Spin-off Vigilant Diagnostics Wraps Seed Round with Chinese Investment
A University of Minnesota medical technology spin-off firm seeking to significantly improve the sensitivity and speed of infectious disease detection says it has tapped a Chinese investor to complete a seed financing round in addition to landing a $300,000 National Institute of Health commercialization grant. Vigilant Diagnostics LLC, co-founded in 2014 by U of M […]
Mayo Clinic, ASU collaborate to seed and accelerate research
In Silicon Valley, investors flock to back potentially disruptive new technology and apps — even if they are still in development. But the funding landscape is a little different for health research. Although novel ideas have great potential to radically improve health care and medicine, funding agencies usually choose to fund well-established research. This can […]
The Maryland Venture Fund closed on $25M to invest in tech companies
The TEDCO-run investment arm closed on $25 million for the Maryland Innovation Opportunity Fund I, according to a press release. The money comes from Maryland’s State Retirement and Pension Fund. The state-backed fund, which focuses on tech, healthcare and life sciences, was transferred under leadership of TEDCO in 2015. It was then retooled as a new team […]
Duke Incubation Fund Launches to Support Early-Stage Ideas
The Duke Innovation & Entrepreneurship Initiative today announced the creation of the Duke Incubation Fund, a vehicle for enabling projects originating within the campus innovation community. The fund will offer awards to Duke faculty, graduate students, post-docs and medical residents and fellows to support early-stage ideas based on Duke intellectual property with the potential to go to […]
Two University of Buffalo startups win $50,000 in FuzeHub commercialization competition
Two University at Buffalo startups have each won $50,000 in a statewide commercialization competition organized by FuzeHub, a nonprofit organization responsible for assisting small- to medium-sized manufacturing companies in New York State. Ferric Contrast Inc. founded by UB chemistry professor Janet Morrow, and NanoHydroChem LLC, co-founded by UB chemical and biological engineering PhD candidate Parham […]