Premier Dan Andrews and treasurer Tim Pallas set up the $2 billion Breakthrough Victoria fund, chaired by former premier John Bracks, as an independent investment fund manager investing in commercial innovations in health, technology, manufacturing, agri-food and carbon sectors. The $100 million Breakthrough Victoria – University Innovation Platform, will see universities match the government pre-seed investments […]
Reichman University in Herzliya is setting up a venture capital fund that will invest mostly in startups founded by its graduates. The fund already has $30 million in commitments from investors which are to be allocated to pre-Seed and Seed investments in startups founded by students, even during their studies. Investors in the new […]
Talk of venture capital opportunities nowadays and thoughts inevitably turn to the pioneers of Silicon Valley. But innovation doesn’t always stem from that particular hotbed of capitalism. In the UK, many start-ups begin life at some of the world’s oldest institutions: universities. Over the past ten years, the combined value of equity investment deals into […]
At Demo Night, the program’s annual pitch night and celebration of entrepreneurship, over 200 business-minded community members came at Hula on Tuesday to support the LaunchVT(link is external) 2022 cohort. To the audience and a panel of investor judges, which included Bridget Croke, John Howard, and Matthew Upton, the 2022 cohort presented their concepts. Two […]
Four faculty-led teams pursuing commercialization of research projects are ready for the next steps in that journey having completed the University of Maine’s 2022 MIRTA accelerator program. The teams presented their projects at a Demo Day event earlier this month, marking the conclusion of this year’s program. The 2022 MIRTA teams, the fifth cohort to […]
One of the six researchers to receive a VCU Commercialization Fund award from Innovation Gateway is a Virginia Commonwealth University researcher who transitioned from cardiovascular bioengineering to skeletal muscle research after witnessing how difficult it was for some American veterans injured in Iraq and Afghanistan to lift a cup of coffee. Michael McClure, Ph.D., an […]
The licensing of university and nonprofit research has made a significant contribution to US gross domestic product (GDP), industrial gross output, and jobs over the last 25 years and underscores the importance of basic and applied research to the US economy, as well as the demand for public-private partnerships. The findings are based on an […]
In a first for an Australian university, the University of Melbourne today announced the establishment of two new major investment funds, in partnership with Breakthrough Victoria and Tanarra Capital, dedicated to supporting Melbourne’s world-leading researchers to turn their extraordinary discoveries and innovation into commercial reality. The $15 million University of Melbourne Genesis Pre-Seed Fund, being […]
Researchers at Clemson University and Prisma Health have received grants that will help them find new ways to treat cancer and manage chronic pain and diabetes. Researchers from the College of Engineering, Computing and Applied Sciences and the College of Behavioral, Social and Health Sciences have been awarded funding through the Innovation Maturation Fund, a joint effort of the Clemson […]
Kairos Ventures, a Beverly Hills-based venture capital firm funding early-stage life sciences companies, announced on Monday that it has closed its third fund with $58 million raised. Kairos said its new fund has already invested in 27 startups including Vivodyne, a University of Pennsylvania spinout that cultures human tissue for experiments, and Linnaeus, a New […]
