Cape Town launches new seed fund
As part of the official opening of the new CCDI space, a new Design Innovation Seed Fund (DISF) was launched as part of the proceedings. The DISF is supported with seed funding from the Technology Innovation Agency (TIA) and the Department of Economic Development and Tourism (DEDT). The new fund is set to give innovation […]
Stanford, StartX Fund awardee, grabs $2m seed round
Nirmidas Biotech, Inc., a diagnostic research technology company, is announcing that it has raised $2 million in seed round funding to commercialize its fluorescence enhancing plasmonic gold technology, called “pGOLD.” The technology platform, which significantly boosts the ability to detect disease biomarkers, is based on nearly a decade of research at Stanford University and is […]
University of Washington Wi-Fi backscatter could make ‘Internet of Things’ real
A new method uses radio frequency signals as a power source and reuses existing Wi-Fi infrastructure to provide internet connectivity to battery-free devices.
University of Chicago Innovation Fund Puts $100K in Genomic Prescribing System
The University of Chicago Innovation Fund, which invests in proof-of-concept and early business development work for new ventures created by University of Chicago faculty, students and staff, has awarded Mark Ratain, MD, and Peter O’Donnell, MD, $100,000 to support their work on the Genomic Prescribing System (GPS)
UT Horizon Fund invests $593K in MolecularMatch in Series A financing round
AUSTIN, TX – UT Horizon Fund, the strategic venture fund of the University of Texas System, has made a $593,000 Series A preferred stock investment in MolecularMatch.
KoolSpan, BrainScope get $700K in Maryland Venture Fund backing
The Maryland Department of Business and Economic Development says its Maryland Venture Fund has made follow-on investments in two Maryland startups totaling $700,000.
Connecticut Innovations Distributing Nearly $2M to University Researchers, Companies
The first grants and loans in the $200 million state Bioscience Fund have been awarded by Connecticut Innovations, the state-funded venture capital agency.
University of Ulster reveals £240k Honeypot fund to boost digital content sector – Start Ups – Start-Ups
The University of Ulster has launched a new stg£240,000 seed fund designed to stimulate growth and enhance competitiveness within the digital content sector. The Honeypot seed fund is part of the Honeycomb – Creative Works initiative, a stg£3.58m skills and business development programme funded by the European Union’s INTERREG IVA Programme, managed by the Special EU […]
Finance Wales close to three profitable exits deals from firms into Technology Venture Investments portfolio
Finance Wales is close to three exits on companies backed by its technology-focused fund, including one via flotation. Director of Technology Venture investments Steve Smith said the £40m fund, which has backed around 40 mainly pre-revenue technology firms in Wales, was also working towards making its first co-investment(s) with the Welsh Government’s £100m Wales Life […]
NZVIF’s $5.4M seed fund investment too early to predict returns
The government-backed New Zealand Venture Investment Fund says it’s still too early to judge the performance of the Seed Co-Investment Fund, which backs early-stage firms alongside angel investors.