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 […]
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 […]
Berkshire invests in commercialisation of UK university research
The UK’s £1.9bn (€2.3bn) Royal County of Berkshire Pension Fund is to invest £15m in a new fund aiming to direct institutional capital into the commercialisation of UK university research. The local authority pension fund committed the £15m to the British Innovation Fund (BIF), launched on 1 December by Future Planet Capital and Milltrust International […]
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 […]
EPFL startups raise record $393M in outside capital in 2016
Companies linked to the Lausanne-based tech university raised 397 million francs ($393m) in 2016, smashing the previous record set in 2014, of 242 million francs, EPFL said in a statement. The funds were raised by spin-offs created as a result of technology developed in an EPFL lab or created by a campus researcher, as well […]
Israeli VC Pitango launches its 7th early-stage fund of $175M | TechCrunch
Pitango Venture Capital, one of the most active VCs in the Israeli startup scene, has announced its seventh fund, Pitango Venture Capital 7. The fund will have $175 million under management, and invest from seed upwards. The new fund focuses on IT and life science investments, specializing in enterprise infrastructure, IoT, artificial intelligence and digital […]
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. […]
Australia CSIRO sees “virtuous cycle” in reinvesting patent monetisation cash directly into commercialisation
The Commonwealth Scientific and Industrial Research Organisation (CSIRO) – Australia’s national R&D agency – announced this week the creation of a new technology commercialisation fund that will be capitalised using patent assertion and licensing revenues. According to a press release, the CSIRO Innovation Fund will “support co-investment in new spin-out and start-up companies, and SMEs […]