$35 million in NIH funding launches health research accelerator with UChicago
The University of Chicago and UChicago Medicine are part of a new health research accelerator that has launched thanks to nearly $35 million from the National Institutes of Health. The Institute for Translational Medicine will work to improve people’s lives by pursuing research breakthroughs and getting those discoveries into the real world. “This vital initiative will help drive […]
U Buffalo CTSI Awards Translational Research Project Grants
Using local institutional support and an award from the National Center for Advancing Translational Sciences (NCATS), National Institutes of Health, the CTSI has funded nine projects involving researchers from the Jacobs School of Medicine and Biomedical Sciences. New Technologies, Therapeutics Sought The pilot studies program provides seed money to help advance new technologies and therapeutics from the conceptual […]
Purdue Foundry Fund Makes More Investments
The Elevate Purdue Foundry Fund has invested more than $500,000 into 11 Purdue University startups. The funding includes five companies receiving $80,000 each for achieving “Gold Award” investment status. The fund is a joint venture between private venture development organization Elevate Ventures and entrepreneurship and commercialization accelerator Purdue Foundry. Purdue Ventures Managing Director John Hanak […]
Pitt startup working to treat carbon monoxide poisoning raises $5 million
A year-old University of Pittsburgh startup company has raised $5 million in Series A funding as it develops an antidote for carbon monoxide poisoning. Tus Science & Technology Service Group of China led the funding round for Globin Solutions Inc. with participation from UPMC Enterprises, the commercialization arm of the Downtown-based hospital and health insurance […]
Ben-Gurion U. announces first Israel entrepreneurship fund of $1 million
Ben-Gurion University of the Negev (BGU) President Prof. Rivka Carmi has announced a $1 million BGU Entrepreneurship Fund (BEF), the first of its type established by an Israeli university. The student-led fund will provide students and recent graduates with micro-grants to jump-start innovative technologies and concepts. The Fund was announced at the SilicoNegevBGU conference, the […]
Midwest Venture Investors To Raise As Much As $100M To Fund Health Startups
Venture Investors plans to raise up to $100 million for a new, healthcare-focused venture capital fund, the Madison, WI-based firm said in a documentrecently filed with federal securities regulators. VI is the oldest and largest venture capital fund in Wisconsin. It created a new business entity, “Venture Investors Health Fund 6 LimitedPartnership,” under whose name the document was filed. The filing lists the same business address and some of the same executiveofficers as previous funds VI has raised for investing in startups. Scott Button, a managing director at VI, declined to say what the organization’stimeline is for raising the new healthcare fund, citing regulatory restrictions. The Wisconsin-based healthcare businesses that VI has backed include CellectarBiosciences, FluGen, and TAI Diagnostics. Two Madison-based startups in VI’s portfolio were acquired by large, publiclytraded companies in the last two years: NeuWave Medical, which was sold toEthicon, a subsidiary of Johnson & Johnson; and Virent, which was acquired byAndeavor. Source: Xconomy: Venture Investors To Raise As Much As $100M To Fund Health Startups
The University of Virginia Licensing & Ventures Group Seed Fund Announces Investment in 510 Kardiac Devices, Inc.
The University of Virginia Licensing & Ventures Group (LVG) Seed Fund announced today its fourth investment – 510 Kardiac Devices, Inc. (510 Kardiac). 510 Kardiac is an early stage medical device company developing novel technologies for cardiovascular surgical procedures. The investment will accelerate the company’s efforts to obtain FDA approval for the Lim Transseptal System […]
University of Arizona McGuire New Venture program reaches across UA campus
The New Venture Development Program at the University of Arizona’s McGuire Center for Entrepreneurship is mainly an academic exercise designed to give students the experience of moving an idea to a launch-ready venture. But real products and companies have emerged from the program, and they increasingly involve UA technologies as McGuire reaches out across campus. […]
Michigan State University Conquer Accelerator announces program’s 2018 cohort participants
The Conquer Accelerator program announced today the five startup teams selected to participate in its third summer cohort. Designed to help both newer and established companies overcome business hurdles, Conquer Accelerator emphasizes smart planning and growth, extensive mentorship from an experienced bench of professionals and structured educational components focused on bringing its cohort startups to success. The […]
Louisiana State University LIFT program starting to see results, awarded additional funding for patents
The LSU Research and Technology Foundation touted the success of its LIFT grant program today before the LSU Board of Supervisors, and won approval for an additional $200,000 to cover fees associated with the “significant increase” in patents filed with the university. The board created the LIFT—Leveraging Innovation for Technology Transfer—program in 2014 to award […]