KY Entrepreneurship | Reinventing Startup Support
With state government shuttering its dozen Kentucky Innovation Network offices in favor of more localized support for startup business ecosystems, the Greater Louisville region is percolating with new public-sector ventures to incite economic growth by nurturing the area’s entrepreneurs. The Louisville metropolitan area is growing, but not as rapidly as it would prefer with a […]
Pitt Researchers Share Technology Transfer Expertise with Grant Funding
As researchers work to develop innovations to help people with disabilities, the result is often publications and patents, but not assistive technologies for those who need them most. Dr. Jon Pearlman, chair of the Department of Rehabilitation Science and Technology(RST) at the University of Pittsburgh School of Health and Rehabilitation Sciences, and Dr. Mary Goldberg, assistant professor, will […]
Fragile X Treatment Under Development Gets $200K From Indiana Venture Fund
An Indiana University-affiliated venture fund has invested $200,000 in Confluence Pharmaceuticals to continue development of the company’s lead product for the treatment of fragile X syndrome. Along with AOP Orphan Pharmaceuticals, Confluence is developing a novel, clinically discovered adult and pediatric therapy for social and communication impairments related to fragile X and autism spectrum disorders. Based on the […]
Deerfield, University of Illinois team up on $65M translational research deal
Deerfield Management and the University of Illinois at Chicago are joining forces to speed up the path to the clinic—and eventually to market—for new drugs discovered at the university. The pair is setting up a company called West Loop Innovation with up to $65 million in funding from Deerfield. In addition to the $65 million, which is […]
State Launches Hawai’i-Based Aquaculture Accelerator & Fund
The Big Island of Hawai‘i will be the home to a new aquaculture accelerator that aims to attract startups that focus on sustainable solutions for the aquaculture industry. Solutions include innovative feed solutions, breakthrough technology in animal health, and farm and water management. The new accelerator and its associated investment fund were established by the Natural […]
Hartford HealthCare, Trinity, UConn to launch Hartford medtech accelerator
Hartford HealthCare, Trinity College and the UConn School of Business on Wednesday are expected to announce the launch a medical technology and digital health accelerator, which would join insurance and manufacturing startup programs that have launched in the Capital City in the past few years. The partners have chosen London-based Startupbootcamp to operate the new […]
University of Cambridge-Backed €175M Fund to Supercharge Local Life Sciences Ecosystem
The money will support the 25 companies in the fund’s portfolio, including the biotech Bicycle Therapeutics, whose peptide-toxin molecules are in clinical trials for the treatment of solid tumors. The money will also fund new enterprises in the Cambridge ecosystem. Further details about the funding were not disclosed. This is the third fundraising round by Cambridge […]
U Michigan chip design startup raises $6 million in venture funding
Movellus Inc., a University of Michigan startup, has secured $6 million in Series A venture funding for a total of $10 million so far. The company provides technology that helps accelerate and optimize semiconductor chip design. Its applications include cloud computing, the Internet of Things and artificial intelligence. The $6 million in funding was led […]
New Velocity venture fund invests $200,000 in four startups
The University of Waterloo’s entrepreneurship program, Velocity, has announced direct equity investments of $50,000 each for the four winners of the annual Velocity Fund Finals (VFF). This is the first time that Velocity has made direct equity investments. The original prizes were a $25,000 grant, however, the entrepreneurship program has doubled the prize values and transformed the […]
UT Health San Antonio Plans New Accelerator for Faculty Research
The University of Texas Health Science Center at San Antonio is starting an internal accelerator program for inventors who work at the institution, with the goal of picking a first group of five to eight prospective entrepreneurs around May. The accelerator, which UT Health is calling TechNovum, will run its first program from June through […]