Penn faculty startup raises $100K from city’s StartUp PHL fund
The City of Philadelphia’s StartUp PHL angel fund has invested $100,000 in Penn faculty startup Gencore Systems. It’s the first time that the fund, run by First Round Capital’s Josh Kopelman, has backed a startup built on research done at a local university. It’s also notable because Gencore Systems is the first startup to come out of Penn’s […]
U-M spinoff Arborlight gets $1.7M in VC funding to commercialize new lighting technology
Arborlight wants every indoor space to be able to reap the benefits of natural — or as close to natural — sunlight, and thanks to a $1.7 million venture capital investment, the company is one step closer to that goal. The Ann Arbor-based technology company recently announced that it landed the investment, led by the […]
Tech Launch Arizona Hosts Summit of Leaders to Advance the Impact of Innovation
The process of taking inventions from university research and turning them into patents that can be converted into products and startup companies is long and complex. Given the uniqueness of each university’s research environment and its surrounding ecosystem of businesses, alumni, donors and entrepreneurs, nailing down “best practices” is not easy, either. But this week, […]
U Wisconsin Discovery to Product aids university in commercializing patents
While the University of Wisconsin recently ranked sixth among 100 universities for the number of patents issued in 2013, bringing more of these patents to market remains a challenge. In 2013, the Wisconsin Alumni Research Foundation, the nonprofit patent and licensing organization for UW, helped with the issuing of 160 patents, according to a UW […]
Two UK universities become investors in Mercia Technologies
They join the University of Leicester, Coventry University, Birmingham City University and Staffordshire University as investors in Mercia Technologies, which floated on the Alternative Investment Market (AIM) on 18th December 2014. The six are among the nine UK universities and research centres with which Mercia Technologies has collaborative relationships. They provide a consistent pipeline of […]
Qatar Proof of Concept Fund to stimulate SMEs growth
“We share the ambition and a belief in the economic power of SMEs. It’s no secret that a lot of Qatar’s economy is driven by oil and gas but more and more, we see wealth created in sectors other than oil and gas, and support for SMEs from the highest levels seems to be growing […]
MS Research Australia recently awards three University researchers ~$50K in ‘Incubator’ grants
Five research projects led by University staff will commence this year thanks to recent funding awarded by MS Research Australia. Additionally, one of last year’s successful grant recipients, an exercise-based treatment for the disease, has shown great promise in recent trials. MS Research Australia recently awarded three University researchers ‘Incubator’ grants. These grants provide seed […]
New Ohio venture fund could help fill a local investment gap – Cleveland Business News – Northeast Ohio and Cleveland – Crain’s Cleveland Business
The “angels” in charge of Northeast Ohio’s newest venture capital fund have been flying below the radar. But they have been busy. Some investors involved with North Coast Angel Fund have formed their own venture capital firm: North Coast Venture Fund. Over the past year, they’ve raised $5 million and invested in seven technology companies, […]
WA Life Sciences Discovery Fund announces ~$1M in matching grants
SEATTLE, Washington, March 9, 2015 – The Life Sciences Discovery Fund (LSDF) today announced nearly $1 million in Matching grants to two Washington-based companies to promote translation of promising treatments for devastating medical conditions from the laboratory to the commercial marketplace. Each award must be matched at least 1:1 by other funding sources. These grants […]
Innovation Needs to be a Central Focus of the Federal Budget
As American manufacturing continues its slow recovery from the Great Recession, improved competitiveness and innovation need to remain strong federal priorities. It’s therefore heartening to note that the President’s FY 2016 budget request illustrates the administration’s belief in the power of public/private research partnerships to restore American industry’s competitive edge in advanced industries.The budget contains […]