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 […]
Universities accelerate their leadership role for start-ups
Australia’s technology start-up sector has gone from scant activity to an explosion of interest, people and capital in less than a decade, and by some measures Australia has one of the fastest growing start-up sectors globally. Investment in start-ups is growing faster than in Europe or the US; we have seen more than 60 per […]
Cal Poly Announces SLO HotHouse Summer Accelerator Program’s 2018 Cohort
Cal Poly’s Center for Innovation and Entrepreneurship (CIE) has accepted eight startup companies into this year’s SLO HotHouse Summer Accelerator program. The intense 13-week program is designed for students and recent graduates who have developed new ventures that need funding and CIE resources to help launch their companies. The program provides $10,000 in capital, plus […]
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 Minnesota MnDRIVE Global Food Ventures graduate fellows announced
Eight graduate students who are working toward their master’s or doctoral degree from the College of Food, Agricultural and Natural Resource Sciences (CFANS); the College of Veterinary Medicine (CVM); and the School of Public Health (SPH) were recently awarded fellowships from Minnesota’s Discovery, Research, and InnoVation Economy (MnDRIVE) for the 2018-2019 school year. The world’s population is expected to […]
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 […]