Alafair Biosciences raises $2M with eye on marketing, product development; U Texas Horizon Fund invests
Alafair Biosciences Inc. has identified how it plans to spend its most recent $2 million series A funding round — the Austin medical device company said Monday afternoon it will use those dollars for product development and to widen its branding reach. The investment, first reported by Austin Business Journal back in mid-July, was led […]
726 Applicants to Compete for GA State Start-up Funding
Georgia’s Ministry of Economy and Sustainable Development released the latest information about the State project ‘Start-up Georgia’ which promises to fund the most creative and innovative ideas in business. According to the Ministry, 726 applicants have filed their business ideas to compete for funding. Among these projects 580 are about innovations and 146 relate to […]
Nomura-Keio University Fund Boosts Investment Target for Japan Startups
Keio University and Nomura Holdings Inc. increased the fundraising goal for their venture-capital partnership by 50 percent to 15 billion yen ($147 million) after demand from Japanese financial firms during the first phase of financing exceeded expectations. Keio Innovation Initiative Inc., founded by Japan’s oldest university and biggest brokerage, closed the first round last month with […]
UoN received Sh100m to fund new innovations
The University of Nairobi will receive additional funding of Sh100 million annually to fund new inventions and to host an exhibition to showcase its innovations yearly, President Uhuru Kenyatta has announced. Speaking when he officially opened UoN Nairobi Innovation Week, President Kenyatta challenged other universities to showcase their innovations in fields such as agriculture and […]
Ratan Tata, University of California to set up venture capital fund
Tata Sons Ltd’s chairman emeritus Ratan Tata is gearing up to get more serious and institutional about the early-stage investing business, after a prolific run as an angel investor. Tata, 78, in partnership with the University of California, is setting up a venture capital fund with a corpus of around $100-150 million and has already […]
Indiana University Plans Alumni Venture Fund, Taps Partnerships
Tony Armstrong recognizes the importance of forging alliances. It’s a core part of his job as the president and CEO of Indiana University’s Research and Technology Corporation—the university’s tech transfer arm—and as the assistant vice president in the Office of the Vice President for Engagement. Armstrong says partnerships are especially key to advancing innovation and […]
NYU and ffVC collaborate on AI startup support program
The NYU Tandon School of Engineering and ff Venture Capital (ffVC), a leading early-stage technology venture capital firm based in New York City, this morning will announce New York City’s first program to launch and support artificial intelligence (AI) startups. The program will also mark the first time in the United States that a university […]
Proposed $100 million public-private partnership would seed new Michigan VC funds
The trade group for venture capitalists in Michigan wants to form a $100 million fund to match millions in private capital with public investment. Under the proposal that’s being pushed by the Michigan Venture Capital Association, private investors would put $75 million into a fund to seed new venture capital funds, an amount the state […]
UB CAT awards over $500K to innovative life sciences companies
The University at Buffalo Center for Advanced Biomedical and Bioengineering Technology (UB CAT), a program of UB’s New York State Center of Excellence in Bioinformatics and Life Sciences (CBLS), has awarded more than $500,000 in funding to 16 life sciences companies. Sponsored by the New York State Division of Science, Technology and Innovation (NYSTAR), the […]
Australian $200M medical research investment fund signs up university members
Three New Zealand research organisations have signed up to become members of the Medical Research Commercialisation Fund, Australia’s largest life science venture fund. Otago University, the Malaghan Institute, and Callaghan Innovation are joining the fund’s collaborative structure which includes more than 50 Australian medical research institutes and research hospitals, the Australian federal government and five […]