CT-backed bioscience accelerator picks 2nd cohort
A fledgling, state-backed bioscience accelerator on the Connecticut shoreline said it has selected a UConn Health educator’s new venture and 11 other startups to participate in its second annual program. The Accelerator for Biosciences in Connecticut, or ABCT, a Branford-based program spearheaded by Design Technologies LLC, aims to support Connecticut’s aim of being a bioscience […]
Israeli VC, Hospital Launch $45M Medical Innovation Fund
Last week, K Health, an AI-based primary care consultant announced it has raised its series B of $25 million – only five months after raising its series A. K Health was founded in 2016, and claims to be the first startup to use true AI in consumer health at the primary care level. Their secret weapon: Access to […]
ELabNYC Bioscience Accelerator Program Announces 2019 Cohort of Life Science Companies
ELabNYC, the Entrepreneurship Lab NYC, an initiative of the New York City Economic Development Corporation (NYCEDC) and led by Design Technologies, today announced the 7th cohort of emerging biosciences ventures invited to participate in its competitive annual business accelerator program. Twenty high-potential companies will participate in the six-month intensive program, which includes business education to […]
Bumper year for NUI Galway startups as they reaped €35m in investment funds
In a very successful year for innovation during 2018, NUI Galway start-ups secured €35 million between private equity investment and research funding while the 36 companies based at the university’s Business Innovation Centre now employ 173 people, which represents an increase of 20 per cent over 2017. The year also saw NUI Galway sign more […]
U Chicago researchers broaden impact by bringing scientific discoveries to market
Few people get a bigger whiff of the entrepreneurial spirit taking hold among biosciences faculty members than Thelma Tennant. “I walk down the halls of the lab buildings regularly,” Tennant said, “and I don’t think I’ve made it to a meeting without having someone come out a door and say, ‘Hey, I’ve been meaning to call […]
Student-Run Venture Capital Fund Launches in Israel
The Center for Entrepreneurship at Ben-Gurion University of the Negev (BGU) is launching $1m student-run venture capital fund. Cactus Capital will invest in student, recent graduate and academic entrepreneurial initiatives. The fund will offer three tracks: – Ignite: Up to $5,000 for technological startups in the ideation stage – Validate: Up to $20,000 for technology startups […]
Purdue Foundry Investment Fund provides $750,000 to advance 3 life sciences startups
Purdue Research Foundation’s Foundry Investment Fund has invested a total of $750,000 in three life sciences startups to advance them to commercial viability. Novosteo Inc., Phytoption LLC and Confluence Pharmaceuticals LLC each will receive a $250,000 investment from the fund. The goal of the fund is to add critical capital for the transition from the discovery of a promising technology to […]
UAB establishes $500,000 innovation fund to support university start ups
The Bill. L. Harbert Institute for Innovation and Entrepreneurship at The University of Alabama at Birmingham has established a $500,000 Innovation Fund to support the development of early-stage discoveries and promising new university startups. Jan. 1, 2019, UAB whose research has demonstrated commercial potential may apply for up to $35,000 in funding to further develop […]
Puerto Rico Science Trust to Lead NIH Initiative to Support Biomedical Technology Transfer and Acceleration in Puerto Rico
Grant funds will help build capacity to move scientific discoveries and technologies from the lab and into commercial products to improve patient care and enhance human health. Awards were made by the National Institute of General Medical Sciences (NIGMS), part of the National Institutes of Health (NIH), for Regional Technology Transfer Accelerator Hubs for Institutional […]
Two IURTC venture funds invest $400,000 in marketing data technology company
The Indiana University Philanthropic Venture Fund and the Innovate Indiana Fund have invested $400,000 in Indianapolis-based Zio Inc. Zio has created its Customer Insight Marketing Platform for brands in the retail sector. The company was co-founded by CEO Angel Morales and IU graduate Reuben Vandeventer, who is its chief data scientist. Morales said the platform creates insights into […]