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 […]

UT Horizon Fund participates as Cerebri AI raises $5M in funding

Cerebri AI, an Austin startup that uses AI to improve customer service, just announced a major round of funding — a $5 million Series A led by Microsoft’s venture fund, M12. With the fresh funds, the company plans to expand its operations and support the release of its new Cerebri Values product, which “quantifies each customer’s […]

U.K.-based IQ Capital announces $165 million fund for early-stage transformative startups

U.K.-based venture capital (VC) firm IQ Capital has announced a new £125 million ($165 million) fund to invest in transformative startups that focus on artificial intelligence (AI) and other forms of disruptive “deeptech.” Cambridge-headquartered IQ Capital launched in 2006 with an inaugural £25 million ($33 million) fund, followed nearly a decade later by a £50 million ($66 […]

LSU announces more than $521,000 in innovation grant funding

The LSU Board of Supervisors has awarded $521,202 in innovation and technology transfer grant funding for 12 university research projects, ranging from new treatments for breast cancer to development of biodegradable Mardi Gras beads. This was the eighth round of funding from the Leverage Innovation for Technology Transfer, or LIFT2, grants. Since 2014, the university […]

Largest Startup Class Yet Enters UC Berkeley’s Expanding Accelerator

More than a hundred startup teams are beginning a training and mentoring program this month at the Berkeley SkyDeck Accelerator—the largest group ever accepted to the UC Berkeley program since it was founded in 2012. Aside from the funding, free office rent, and other resources offered by the startup accelerator located near the edge of the Berkeley […]

University of Michigan’s Zell Lurie Commercialization Fund Invests in Neurable

The Zell Lurie Commercialization Fund (ZLCF) – one of five student-led funds at the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies – announced that it has participated in the Series A round of breakthrough brain-computer interface (BCI) technology startup and University of Michigan spinout, Neurable. The ZLCF’s investment will support Neurable’s continued growth in the virtual reality and augmented […]

Trolley Venture Partners raises $4 million to invest in central Virginia startup companies

A new investment fund has been created to provide financial backing for early stage business ventures in central Virginia. Trolley Ventures said it has closed an initial fundraising round with $4 million raised. The partnership plans to immediately start making investments in promising, early stage companies in the region. “There is no shortage of companies […]

TMC Innovation Institute Selected to Accelerate Innovation for Health Security, Medical Care

The Texas Medical Center’s Innovation Institute is one of eight accelerators selected by the U.S. Department of Health and Human Services (HHS) to drive advancements in lifesaving medical technologies that solve challenging problems from modern health security threats to daily medical care issues. The TMC Innovation Institute is a unique learning environment aimed at impacting […]