Two Purdue agricultural startups receive $100,000 from inaugural Ag-celerator fund
Two Purdue agricultural-based startups received investments totaling $100,000 from the Purdue Ag-celerator, a plant sciences innovation fund operated by Purdue Ventures, the capital access arm of the Purdue Foundry, with assistance from the Purdue College of Agriculture, Purdue Research Foundation’s Office of Technology Commercialization and the agricultural industry. Phicrobe LLC, a startup commercializing an innovative […]
Norfolk biotech startup to get $150,000 loan from city’s new “Innovation Fund”
A startup that’s developing implantable devices to help regenerate injured tissue is the first recipient under Norfolk’s “Innovation Fund.” Embody LLC, founded in 2014, will get a $150,000 loan from the new venture-capital fund, which aims to help growing technology, science and health care companies. “We’re looking for ways to make Norfolk a more entrepreneurially […]
From prototype building to VC investment, Ohio State University more active in nudging technology to market
Ohio State University is taking a more hands-on approach to getting technology from its labs to market, from regulatory help to prototype building, in hopes of boosting the odds of a commercial success. “We have taken the active initiative of taking early stage inventions such as pharmaceuticals, engineering and other inventions and perform the proof […]
Wanted: UNC alumni looking to invest in startups with university ties
UNC-Chapel Hill is seeking alumni, faculty members and others who are interested in investing in startups with a UNC connection. UNC announced Tuesday that it has launched the Carolina Angel Network to help startups seeking capital to develop their technology or finance their growth. Eligible startups, which can be located anywhere, must have a founder, […]
U Iowa diagnostics company gets $5.1 million of financing from state funding, other
VIDA Diagnostics of Coralville has completed $5.1 million of new investment funding, which will help commercialize the company’s lung imaging software and associated precision services. The funding was led by Chartline Capital Partners of Wilmington, Del., Rittenhouse Ventures of Philadelphia and Next Level Ventures, Rural Vitality Fund II and the Iowa Seed Fund, all based […]
Here’s what’s next for The W Fund, an early-stage venture fund focused on university spin-outs
Since The W Fund launched more than four years ago in Seattle, it has invested $20 million across 17 early-stage companies that spun out of the University of Washington and other research institutions across the state. Now, as the venture capital firm wraps up new investments from its first fund, what’s next? Linden Rhoads, the former […]
Inova launches investment fund to find personalized medicine innovators
Inova Health System, the giant nonprofit hospital network serving Northern Virginia, is creating a new start-up incubator and investment program focusing on “personalized” medicine innovations. Executives say they plan to invest at least $100 million over the next three to five years making $2 million to $5 million bets on promising young companies with products […]
UT Research Foundation Announces Maturation Fund Recipients for 2017
Improved wireless charging technology for consumer electronics, development of higher-value-added material from waste produced during biofuel production, and novel materials for 3-D printing are among the recipients of this year’s maturation funding from the University of Tennessee Research Foundation, announced Thursday. “UTRF is delighted to provide maturation grants to accelerate the further development of these […]
New $10M fund aims to aid Wisconsin startups
Northeastern Wisconsin’s nascent startup culture will get a much-needed boost next year. A $10 million boost, to be more specific. Maybe more. The Winnebago Seed Fund wants to raise at least that much money to invest in 10 to 14 startup companies over the next four years beginning in 2017, fund manager David Trotter said. […]
University of South Florida seeks to build $10M startup fund
The University of South Florida has received a federal grant to create an early-stage seed fund aimed at helping retain Tampa area businesses. Seed Tampa Bay, from USF’s Innovation Enterprise and funded by a $250,000 U.S. Economic Development Administration grant, will invest in tech-oriented startup firms with high growth potential. By 2019, USF hopes to […]