U Chicago’s New Venture Challenge winner AMOpportunities lands $1.1M in seed funding
AMOpportunities, a Chicago-based startup that helps connect international medical students to short-term training programs in the United States, has raised $1.1 million in seed funding, the company announced Thursday. The startup, which won the University of Chicago’s New Venture Challenge in June, was founded in 2013 from a dorm room at the University of Wisconsin-Madison. The company […]
U Arizona Startup Advances New Therapies for Vascular Dementia
Billions of dollars are spent each year on health care costs related to the treatment of patients with inflammation-related brain disorders such as vascular dementia, yet no FDA-approved therapies exist for for these conditions. In 2013, Meredith Hay, a physiology professor at the University of Arizona’s College of Medicine – Tucson, started ProNeurogen Inc., a company […]
Three novel UNC-Chapel Hill startups named to the latest class of KickStart Commercialization Award winners
When UNC-Chapel Hill spinout company G1 Therapeutics made its NASDAQ debut in the spring of 2017, most observers in the medical, life sciences and investment community were solely focused on the big number: an $108.6 million initial public offering of the company’s stock. Not Don Rose. As the director of KickStart Venture Services at UNC-Chapel […]
UChicago, University of Illinois at Urbana-Champaign partner on major innovation initiative
The University of Chicago and the University of Illinois at Urbana-Champaign are launching a partnership dedicated to research and technology development for some of society’s most pressing challenges, from producing clean water to treating cancer. The partnership will bring about 100 faculty, researchers and students from Urbana-Champaign to collaborate with UChicago colleagues, entrepreneurs and industry leaders, […]
FastForward U aims to support student entrepreneurs at John Hopkins U
This semester, FastForward U (FFU) will begin offering entrepreneurial advising to students looking to start a company or business venture. FFU is an initiative from Johns Hopkins Technology Ventures (JHTV), an office that facilitates licensing and patents for Hopkins researchers and supports technology startups. FastForward is a program launched at the Whiting School of Engineering […]
Houston Methodist Hospital receives $101M gift for translational research
Houston Methodist Hospital has received its largest philanthropic gift in its nearly 100-year history. Paula and Rusty Walter and their Houston-based company, Walter Oil & Gas Corp., have donated $101 million to the hospital, according to a press release. Houston Methodist will also raise $66 million in matching funds. “The Walters are treasured members of […]
UConn Spinout Wins CT Bioscience Innovation Fund Investment Award For Retinal Implant
LambdaVision, the UConn spinout, today announced that it was awarded $500,000 in Series A Equity from Connecticut Innovations, the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, through the Connecticut Bioscience Innovation Fund (CBIF). Led by Co-Founder and CEO, Nicole Wagner, PhD, LambdaVision is developing a retinal implant to cure vision […]
CMU spinout Petuum gets nearly $100M in venture funding
Carnegie Mellon University artificial intelligence spin-off company Petuum Inc. has raised $93 million in a new round of venture funding led by Japanese telecommunications and internet giant SoftBank Group, Petuum co-founder Eric Xing said. Mr. Xing is a computer science professor on sabbatical from CMU, where he directed the Center for Machine Learning and Health. […]
Missouri Innovation Center invests $125,000 in local startups
Chris Harbert didn’t expect to choke up during his business pitch at the Missouri Tech Challenge on Wednesday night at the Blue Note. In August, Harbert turned down a six-figure income at a Fortune 1000 company to focus on his business, Testery. Testery supports companies in running their own testing on web-based applications at an […]
Purdue-affiliated life sciences startup wins first place and $25,000 in BioCrossroads competition
LoDos Theranostics LLC, a Purdue-affiliated life sciences startup, received the first-place prize at the New Venture Competition hosted by BioCrossroads. You-Yeon Won, a professor in Purdue’s School of Chemical Engineering, and Rachel Kim, an MBA graduate from MIT Sloan, co-founded LoDos Theranostics to develop radio luminescence therapy. This technology is a nanoparticle ultraviolet radiation technique that […]