Purple Arch Wants to Back More Northwestern Alumni Startups With 2nd Fund

Purple Arch is a venture fund for Northwestern alumni, by Northwestern alumni. And the young VC firm is already raising its next fund to back more entrepreneurs that bleed purple and black. Purple Arch, founded in 2016, closed its first fund last year. The $5 million fund backed 20 Northwestern University-affiliated startups, including Chicago startups like […]

Business idea cultivation at the University of Malta

The fifth edition of the Takeoff Seed Fund Awards (Tosfa) saw €100,000 being distributed between seven promising start-ups and proof of concept projects. This year’s increasing interest and sheer quality of entries marks another healthy milestone for the ground-breaking scheme initiated a few years ago between the Economy Ministry, the University of Malta’s Centre for […]

Nationwide venture fund makes second strategic startup investment in U College London spinout

Nationwide Building Society has participated in a $1.8 million seed funding round for a GDPR-compliant data sharing startup spun out of University College London. Founded just 18-months ago, Hazy’s online platform automatically anonymises datasets shared between business entities, using AI to sniff out personal data buried in files. GDPR legislation means that use of anonymisation […]

NUI Galway medtech accelerator returns 

The NUI Galway-hosted medtech accelerator BioExcel is open for entries for its 2018/2019 cohort. The programme allows participants to build and commercially validate their technologies by working with existing entrepreneurial networks, mentors and management team. Funded by Enterprise Ireland, Western Development Commission, Galway University Foundation, Bank of Ireland seed and early stage equity fund, BioExel […]

Joint Iowa, Iowa State research teams win seed grants to launch bioscience projects 

In an effort to spur greater collaboration between bioscience researchers at Iowa State University and the University of Iowa, the two schools have awarded seed grants to help investigators build teams, collect data, grow projects and win grants. This is the first year of the seed grant program supported by the Office of Research and Economic Development at […]

Notre Dame IDEA Center launches 27 startup companies in first year of operation 

The IDEA Center at the University of Notre Dame surpassed its goal of creating 16 faculty and student startup companies in its first year by launching 27 companies between July 2017 and June 2018. That number nearly equals the total number of startups, 33, in the University’s entire 175-year history prior to 2017-18, and it exceeds by […]

New U Virginia Program Provides Rapid Seed Funding for Collaborative Research 

University of Virginia researchers who are looking for potential collaborators will have a much easier search, thanks to a new program launched today by the Office of the Vice President for Research. Called 3 Cavaliers, or 3C, the program will help faculty members connect and pursue new research with the potential for significant external funding. 3C […]

Three new government-supported accelerators to boost Victorian startups 

More than 170 Victorian startups will benefit from a $13.45 million investment by the state government to establish three new startup accelerators. As part of the LaunchVic funding round, two Australian teams – SBE Australia and Skalata Ventures – will establish and operate accelerator programs exclusive to Victoria. Techstars, an international organisation, is also in the early stages […]

More U New Mexico-related startups staying in NM 

The University of New Mexico reports another 11 startups launched this past fiscal year to market UNM technologies, but unlike previous years, every one of them plans to stay in New Mexico. That’s a significant reversal from FY 2017, when eight of 12 startups marketing UNM technologies left for other states, said Lisa Kuuttila, president […]

Pitt professors pursue new projects with Pitt Seed grants 

Pitt is investing in change this summer, beginning with projects from professors at the University. The first-ever Pitt Seed Project awarded a total of more than $1 million to 23 programs designed to play an instrumental role in transforming the University. The grants will fund a wide range of faculty-proposed studies, community partnerships and workshops, […]