UNC Rex’s venture fund expands by $8 million
UNC Rex Healthcare, which four years ago committed $10 million to create a venture capital fund that invests in startup health care companies, has set aside an extra $8 million for further investments. The board of directors at Rex, which is part of the UNC Health Care System, has authorized the fund, Rex Health Ventures, […]
New $10m start-up fund launched in Australia
Signal Ventures is the brainchild of Melbourne start-up influencer Atlanta Daniel and US investor Niel Robertson, who will serve as general partners. The pair said Signal Ventures will focus on entrepreneur-friendly, early stage capital and will offer deep operational experience as well as They said the fund plans to be active in the Australian community, […]
Jerusalem Venture Partners (JVP) LED Group Wins License to Operate a Tech Incubator
Jerusalem Venture Partners (JVP), an internationally recognized venture capital fund, announced today that it has been chosen byIsrael’s National Innovation Authority (Office of the Chief Scientist) to operate a Jerusalembased technological incubator. The JVP led group included Motorola Solutions (NYSE: MSI), Reliance Industries (NSE: Reliance) and Yissum, the Research Development Company of the Hebrew University […]
Google’s GV leads $21M Series B in bioscience firm Cambridge Epigenetix
VC firm GV (née Google Ventures) has made another investment in Europe — its seventh — leading a $21 million Series B round for epigenetic sequencing tech company and Cambridge University spin-out, Cambridge Epigenetix. The U.K.-based bioscience company makes DNA modification analysis tools for epigenetics researchers — an emerging field of study which looks at how environmental factors and […]
Seed fund helps catalyze Duke energy research on materials, environment, policy
Research projects that examine energy materials, the water-energy-food nexus, and renewable energy policies will receive funding in 2016 from the Energy Initiative’s Energy Research Seed Fund. Six projects involving 16 faculty members were selected for the third annual round of awards from the fund. The Energy Research Seed Fund provides a financial head start for […]
Transition in Tech Transfer: Will MIT Ever Start a Venture Fund?
By the end of June, Lita Nelsen will retire from MIT’s Technology Licensing Office, where she has worked for 30 years. She has been director of the office since 1993 and has seen a lot of things. Nelsen recently sat down with Xconomy to talk about trends in tech transfer and entrepreneurship. One timely issue: […]
4 universities form Triangle Venture Alliance to fund startups
Boosted by a $250,000 federal grant, four Triangle Universities are forming the Triangle Venture Alliance which plans to work with alumni in funding startups. The alliance is the second major boost to emerging ventures in the Triangle in two days, NCSU having announced a new $1M fund and accelerator as well on Tuesday. Duke disclosed […]
New early-stage venture fund forming with eye on Pittsburgh startups
Pittsburgh-area entrepreneurs will soon have another funding option for growing early phase startup companies. Pharmaceutical giant GlaxoSmithKline has thrown its support behind the creation of a $100 million venture capital fund, which will help meet a need for early stage business startup capital in the Pittsburgh area. Philadelphia-based SG3 Ventures anticipates awarding its first round […]
Rogue launches new venture fund with Oregon State
Portland investment firm Rogue Venture Partners is launching a new startup fund with Oregon State University. Rogue has already raised $4 million for the current fund and hopes to raise between $10 million and $20 million by the end of that, according to Tom Sperry, the firm’s managing director. He said Oregon State has committed […]
New Iowa startup investment fund on the horizon
A new fund that would invest in Iowa startups is in the works after receiving certification from the state. River Glen Venture Partners aims to raise a pool of $25 million it would invest in early-stage companies, fund founder Matt Busick said. “We think that’s the right number to build a portfolio over four to five years of 10 (startups) […]