Clearside Biomedical, GA Tech venture spin-out, lands $7.9M investment
Clearside Biomedical, Inc. an Atlanta-based ophthalmic pharmaceutical company launched from research at Emory University and the Georgia Institute of Technology, has received $7.9 million in funding to continue drug and technology development for treatment of ocular diseases. The new funding is in addition to a $4 million venture capital investment received by Clearside Biomedical in […]
Washington Post coverage of sequester impact on university research
About $30 billion a year flows from Washington to universities for research and development in fields from agriculture to astrophysics. This funding has helped make leading U.S. research universities, including Johns Hopkins in Baltimore and the University of Maryland in College Park, the envy of the world. But the federal budget sequester that took effect […]
Michigan Accelerator Fund invests $4.8M into seven companies
In a quest to fill West Michigan’s early-stage funding gap, the $15 million Michigan Accelerator Fund I has invested $4.8 million in seven companies, with an additional $3 million earmarked for add-on investments in those companies.
Life Sciences Discovery Fund supports $750K in health-related technologies
SEATTLE, Washington, March 11, 2013 — The Life Sciences Discovery Fund (LSDF) today announced nearly $750,000 in Proof of Concept grants to three Washington organizations to support transition of promising health-related technologies from concept to commercial product. Also announced was up to $1.4 million in matching funds to the University of Washington to foster technology […]
CT Innovations puts $950K into six start-ups
Six more fledgling New Haven County tech firm got a combined $950,000 financial lift from Connecticut’s quasi-public technology-investment promoter. Connecticut Innovations Inc. in Rocky Hill announced Monday the investment through its Pre-Seed Fund.
Purdue University backs $250K for life sciences companies through Emerging Innovations Fund
Two life sciences companies that are commercializing Purdue University innovations can receive up to $250,000 in investments from the Emerging Innovations Fund, an evergreen fund created to accelerate the commercialization of early-stage discoveries.
Google acquires U Toronto start-up, DNNresearch
The University of Toronto computer science department confirmed today that Google has acquired one of their startups lead by professor Geoffrey Hinton. DNNresearch Inc. was incorporated in 2012 and includes two of Hinton’s graduate students, Alex Krizhevsky and Ilya Sutskever. The startup focuses on deep neural networks (or “deep learning”) and will assist Google in the realm […]
Podcast: University of Colorado on success of POC fund
W3W3 radio spoke with TTO head Tom Smerdon about the acquisitionof CU-Boulder startup LineRate Systems by F5, and the role played by early-stage TTO funding: The thing that is exciting about this is, not only was this a startup basically out of Computer Sciences and Electrical Engineering here on the CU-Boulder campus, but the company was also an […]
University of Cape Town talks innovation in South Africa, funding gap
Q&A WITH PIET BARNARD AND DR. ANDREW BAILEY Piet Barnard, Director, Research Contracts and Intellectual Property Services, UCT Dr. Andrew Bailey, Intellectual Property Manager, Research Contracts and Intellectual Property Services, UCT Sable’s Dave Kitley met with Piet Barnard and Dr. Andrew Bailey from UCT’s Technology Transfer Office, known as ‘Research Contracts and Intellectual Property Services,’ […]
MIT Media Lab proposes student start-up fund
Perhaps it’s not surprising that if you recruit a noted angel investor to run one of MIT’s highest-profile research groups, the Media Lab, one of the things he’ll do is try to create new mechanisms to invest in student startups…