OSF HealthCare launches $75M fund to invest in health technology
The Peoria-based health system is the parent of Rockford’s OSF Saint Anthony Medical Center. In February, the health system activated OSF Ventures, a $75 million fund that invests in companies intent on developing medical technologies and applications to improve patient outcomes or reduce health care costs. Pulse Therapeutics, the St. Louis company, has developed a […]
Nine University of Toronto researchers receive $800K in Connaught funding
Researchers at the University of Toronto are receiving over $800,000 from the Connaught Fund, a research funding source unique to the U of T. The funding comes from two Connaught programs. The Connaught Innovation Award accelerates the development of promising technologies and promotes knowledge transfer arising from the U of T. The Connaught Summer Institute brings together […]
Venture Capitalist David Schwab on industry focused micro-investing and mining tech from the University of California system
David Schwab, who launched Vertical Venture Partners a couple of years ago after 20 years at Sierra Ventures, says he did that so he could pare down his investment focus. Micro-funds are the place to be, he believes, and it’s better to go deep into relieving specific industry “pain points” than to try to sell […]
Ara Parseghian Medical Research Fund launches at Notre Dame
Building on the partnership that the University of Notre Dame formed with the Ara Parseghian Medical Research Foundation in 2010, the University has now established the Ara Parseghian Medical Research Fund and is moving the administrative functions and granting process of the foundation from Tucson, Arizona, to Notre Dame. Through this partnership, the Parseghian family […]
Pitt establishes $1 million fund for faculty, student business ventures
On Thursday, Pitt announced it will give $1 million to Pitt faculty and students looking to put the products of their research on the market. The $1 million in gap funding money — called the Chancellor’s Innovation Commercialization Funds — will immediately, and over the next two years support projects with the potential for commercial […]
Badger Fund of Funds launches first venture capital fund in La Crosse
The Badger Fund of Funds, seeded with a $25million commitment from the state, said Thursday it will launch its first venture capital fund in La Crosse. The Idea Fund of La Crosse will be managed by Jonathon Horne, a LaCrosse native who previously worked in investment banking at J.P. Morgan in New York. He was […]
Accelerate Long Island is back with $6M+ seed fund
Accelerate Long Island is back in business, and it’s main private-investment partners are coming along for the ride. The seed-funding business accelerator, which has been publicly quiet since awarding its 10th and final first-round stipend in December, has been awarded $3 million by Empire State Development to establish the Accelerate NY Seed Fund, with matching […]
South African fund aims to sow and grow new university technologies
MOST universities start as teaching institutions, delivering graduates to society. After a number of years, the focus is shifted to a more research-oriented approach and, apart from graduates, research papers became an important output of the institution. At the turn of the last century, innovation became an important strategy globally and patents were added to […]
University of Kansas promotes innovation with new Proof of Concept Fund Awards
Demonstrating that a laboratory concept will work in practice is one key to moving a research discovery into the marketplace. The University of Kansas supports discovery and innovation in multiple ways, including the granting of Proof of Concept (POC) Fund awards for inventions that are near the commercialization stage. This year, KU has awarded five […]
Oregon startup receives million to fund natural gas refueling tech development, supported by Portland Seed Fund
Onboard Dynamics — an innovator in compressed natural gas refueling — has received $3 million from the U.S. Department of Energy’s Advanced Research Projects Agency – Energy, Portland Seed Fund, NW Natural and other utilities and private investors. Compressed natural gas (CNG) is a cleaner alternative to fossil fuels and is used to power natural […]