London start-up scene weighs threat of British Techxit
Britain’s tech start-up scene was having a bumper year in terms of new company creation, fresh funding and acquisitions by global tech players before voters decided to leave the European Union in Thursday’s referendum. Now high-profile companies are threatening to pull out or slow down plans to enter the UK market, international employees are second-guessing […]
Chicago Impact Engine Launches $10M Fund, Betting Capitalists Can Do Well While Doing Good
Some dismiss social impact entrepreneurship as a feel-good diversion. But a group of successful investors in Chicago are throwing $10 million on the table to prove that capitalists can do well while doing good. Impact Engine today announced a $10 million early-stage impact investment fund for companies dedicated to making money and solving one social […]
University of Albany Presidential Innovation Fund for Research and Scholarship
In support of this aim, the University announced the creation of the Presidential Innovation Fund for Research and Scholarship (PIFRS) program last year to stimulate new cutting-edge, interdisciplinary research. Now in its second year, this $500,000 competitive, peer reviewed, seed funding program will once again fund multi-investigator led projects in targeted research areas including liberal […]
Chinese Tsinghua to Start R&D Fund, 1,000 Incubators in Innovation Push
Tsinghua Holdings will invest no less than 50 billion yuan ($7.6 billion) in research over five years and set up a fund to help commercialize scientific discoveries, Chairman Xu Jinghong said in an interview. The company, a state-owned enterprise that was founded in 2003 by Chinese president Xi Jinping’s alma mater, Tsinghua University, kicked off two […]
Purdue Develops New Strategy for Drug Discovery
Research scientists often confront the “valley of death”—the gaping hole that exists between laboratory discoveries and their transformation into new medical treatments and products. And the most lethal factor for most researchers is money. However, Purdue University is blazing an unusual trail to help make ends meet in translational research. Rather than rely on traditional […]
Start Singapore: Fund to provide seed money
A fintech fund called Dymon Asia Ventures has been set up to invest in areas such as asset management, remittances and foreign exchange.The fund will provide seed finance and growth capital for business expansion. Dymon did not disclose its fund size or the potential investment in each start-up. The norm for investment community is to […]
Five startups split $70K from Winston-Salem venture fund, with chance at $250K
Five startups from a pool of 235 were selected to share in $70,000 in upfront funding as part of the 2016 fund of Winston-Salem-based New Ventures Investment Club. Each of the five will now participate in the New Ventures Startup Accelerator program based at Flywheel Cowork in Wake Forest Innovation Quarter, with the opportunity to […]
U Oregon tech startup firm plans to grow with $1 million infusion
A Eugene startup that has invented technology used in drug discovery and environmental testing recently raised $1 million in an investment round to help support its growth. NemaMetrix, a spin-out of University of Oregon research, has developed a portable device that can be used to quickly test the effects of drugs or environmental toxins on […]
9 companies join Portland Seed Fund portfolio
The eighth class of the Portland Seed Fund will take the stage Wednesday afternoon before 100 investors in downtown Portland, completing the latest cycle of the accelerator. This class of companies ranges from health care technology to food to sharing platforms. There are also three startups outside of the fund’s traditional Portland metro. The companies […]
State-backed German startup investment vehicle plans new €300M fund
High-Tech Gründerfonds (HTGF), a seed investor backed by the German government, has revealed plans to raise €300 million ($341 million) for its third fund. The money is intended to enable HTGF to continue the startup-backing remit that has already seen it help 440 companies get off the ground. Life sciences is one of several fields […]