Innovate Indiana Fund invests in early-stage payment-fraud analytics company
A high-tech company that detects payment-card fraud using machine learning and data analytics will be able to launch a product for merchants later in 2017. It will also be able to increase the size of its technical team that works on a product for banks and credit unions. Rippleshot received an investment from the Innovate […]
OKC’s Datebox secures $2.6 million investment round, led by i2E Inc
Datebox Inc., an Oklahoma City startup company that provides couples with creative dating ideas and products, has secured a $2.6 million seed round investment. The investment round included $1.3 million from the i2E-managed Oklahoma Seed Capital Fund, along with $300,000 from the SeedStep Angels group, also managed by i2E. The seed round also included $1 […]
Imperial College innovative projects receive funding thanks to new Excellence Fund
In her March 2016 President’s Address, Professor Alice Gast highlighted the importance of excellence in teaching and research. She dedicated £1 million per year to reward excellence while promoting courageous and innovative ideas in research and teaching. This is part of Imperial’s strategic commitment to invest new funds to pursue new and risky ideas. The Excellence […]
University System of Maryland Launches $25 Million Maryland Momentum Fund to Back Start-Up Companies Formed from Campus Research
To increase new company creation and commercialization of its leading-edge research, the University System of Maryland (USM) is launching a $25 million early-stage investment fund to be known as the Maryland Momentum Fund. The money-raising process for start-up companies typically is an uneven one. Therefore, the Maryland Momentum Fund will concentrate on filling gaps in […]
NJBIZ Exclusive: Hackensack Meridian entering innovation and incubator space with $25M fund
The board of Hackensack Meridian Health has approved a $25 million capital fund so the state’s second-largest health system can dive into the world of innovation and incubators, NJBIZ has learned. Hackensack Meridian officials said the effort is viewed as a new revenue stream as well as a way to elevate the organization onto a […]
Wisconsin Economic Development Corporation awards $700,000 in grants to support local efforts to provide seed funding for startups
Three economic development organizations have been awarded a total of $700,000 in matching grants from the Wisconsin Economic Development Corporation (WEDC) to be used to provide seed funding for technology-based startups and early-stage companies. The Milwaukee Development Corporation has received a $500,000 grant under WEDC’s Capital Catalyst Program for the creation of a $1 million […]
University of Arkansas announces $1M innovation grant program
Faculty and students at the University of Arkansas will be able to apply for innovation grants totaling up to $1 million through a new university program funded mostly with television revenue related to the airing of UA sporting events. “The university will invest up to $1 million in this fund annually to support cutting-edge ideas […]
University of Arkansas Chancellor’s New $1 Million Fund Advances Multiple Guiding Priorities
University of Arkansas Chancellor Joe Steinmetz has created a new campus fund as an initiative to support several of the university’s eight guiding priorities, established this past fall. When fully funded the Chancellor’s Discovery, Creativity, Innovation and Collaboration Fund will invest $1 million a year in new projects designed to enhance the university’s research and […]
Academics to the rescue: University innovation and venturing surges ahead in 2016 in UK
With the relentless barrage of bad news surrounding Brexit, it is perhaps not surprising to hear that the amount of equity finance invested in startups in the UK dropped in 2016. A recent report from equity specialists Beauhurst showed that equity finance into startups declined by 12% in 2016 compared to 2015[i]. There is however, […]
Stanford StartX VCs Are Looking for the Next Snapchat
As a student at Stanford University, Evan Spiegel often hung around the offices of StartX, the school’s entrepreneurial hub. Spiegel, who was working on a photo-sharing app called Picaboo, would seek advice from people affiliated with the incubator. In return, he volunteered part-time in 2011, helping design some early marketing materials for StartX. Spiegel’s side project eventually became Snapchat, whose […]