Molekule raises $58M in Series C round – Tampa Bay Business Journal

Molekule, a tech startup born out of University of South Florida research, has closed another multimillion-dollar investment round. The San Francisco-based company with a focus on clean technology raised $58 million this week. “The air purifier market is one of the fastest-growing markets in the world right now, and there is an incredible need for companies like […]

University of Waterloo launches venture fund for healthtech startups

The University of Waterloo has launched a second venture capital fund targeted at early-stage startups involved in health technology. The Velocity HealthTech Fund will give early-stage health startups a chance to access $50,000 in pre-seed funding to grow their business and would be awarded following a pitch competition. The HealthTech Fund will make investments in […]

Supporting Utah’s Startup Tech Culture University of Utah Health Sciences

The growth of technology startup companies is booming in Utah. Inc. Magazine ranks Salt Lake City No. 2 in the nation among the 50 Best Cities for Starting a Business in 2020. The University of Utah has a long history of nurturing and supporting Utah’s startup culture. Since 1970, more than 175 startup companies have been founded on technologies […]

FSU, Mayo Clinic collaborate on medical innovation, attracting top biomedical talent

Florida State University President John Thrasher and representatives from Mayo Clinic in Florida signed a multifaceted agreement Tuesday in Jacksonville to attract and retain top talent in the biomedical field. The collaborative education efforts will focus on medical innovation and promote a market-driven approach to create a highly trained workforce focused on taking medical technology […]

Houston Methodist opens new hub to showcase health tech of the future 

Houston Methodist is regularly exploring new digital health technologies, but, until recently, lacked a proper space to demonstrate their vision for the future of health care. Now, with the Center for Innovation’s Technology Hub, the hospital has just that. The tech hub opened earlier this month in Houston Methodist Hospital in the Texas Medical Center. The 3,500-square-foot tech […]

Hackensack Meridian innovation ‘Bear’s Den’ invests in biotech startup

Edison, N.J.-based Hackensack Meridian Health announced Dec. 4 an investment in Adaptive Phage Therapeuticals, a clinical-stage company developing precision treatments for multidrug-resistant superbugs. The funding, Hackensack Meridian’s third investment in an external company, was provided through the health system’s Bear’s Den innovation program. The Bear’s Den incubator was launched in 2017 and comprises a panel of healthcare […]

University of Illinois secures $100 million to move forward with projects, boost innovation

Of the $500 million, $235 million of the funding will go toward the construction of the future DPI headquarters in downtown Chicago. Provost Andreas Cangellaris sees DPI as a way to “develop a much more proactive engagement” with the private sector, facilitating collaboration between researchers and corporations to increase economic prosperity ultimately. Cangellaris describes an […]

UofSC partners with Prisma Health to drive health care innovation in SC

The University of South Carolina and Prisma Health – the state’s largest not-for-profit health organization – have announced a partnership that aims to encourage the development and implementation of innovative health care delivery models, medical devices, digital health applications, and treatments for diseases. Under the arrangement, which was approved by UofSC’s Board of Trustees on […]

Partnership with Verizon to fuel Emory Healthcare Innovation Hub

The Emory Healthcare Innovation Hub (EHIH) announced Monday that it will be powered by Verizon 5G Ultra Wideband service, adding digital speed and connectivity to an ecosystem working to transform the health care industry. The strategic partnership between Verizon and Emory Healthcare creates the nation’s first 5G health care innovation lab. EHIH is a health care […]

Princeton accelerates innovation through funding of six technologies with potential for societal impact

The projects address a range of societal challenges, from new treatments for cancer, hepatitis B and obesity, to pain-free intravenous injections and low-cost water purification. The funding, administered by the Office of the Dean for Research, supports proof-of-concept research, prototypes, or other studies to bring fundamental discoveries to the point where they can be developed through […]