Early-stage investors get infusion from state’s Catalyst Fund
The state-backed Catalyst Fund has approved a $1.6 million commitment to NMA Ventures, a new fund run by prominent Angels to invest in early-stage technology companies across the state. New Mexico Angels President John Chavez, former Angels Vice President Dorian Rader, and Angels board member Sherman McCorkle partnered together last year to launch NMA Ventures. […]
AZBio initiative aims to cure funding gap that ails Arizona
Trying to build on Arizona’s significant investments in the life science discovery and healthcare delivery infrastructure, the state’s leaders are focused on bridging the funding gap that slows the growth of Arizona-based life science companies. Leaders of Arizona’s life science sector share a drive to accomplish a common goal: accelerate the growth of local companies […]
Purdue University Foundry invests over $500K to university start ups
More than $500,000 was awarded to 11 Purdue University startups to aide in their advancement, ranging from networking apps to appliances that grow produce. The Elevate Purdue Foundry Fund provides money for Purdue-affiliated startups with pre-seed, seed and early stage investment and co-investment programs. Since the program’s beginning in 2014, the fund has committed to invest $2.5 […]
The Office of Technology Commercialization, Charger Innovation Fund promotes and translates innovations at UAH
Kannan Grant’s door in the UAH Office of Technology Commercialization (OTC) is always open. “We proactively promote and support a culture of learning and innovation at UAH by creating and capitalizing on commercial opportunities that benefit our constituents,” says Grant, who has served as the OTC’s director since late 2007, “and I think we provide a service […]
Wisconsin Badger Fund of Funds launches statewide student entrepreneurship fund
The Badger Fund of Funds has selected another fund manager, who has launched a fund that will invest in college student entrepreneurs statewide. Richelle Martin Richelle Martin this month launched the new Madison-based venture capital fund, The Winnow Fund, with the aim of raising $8 million to $10 million. The Badger Fund has committed $4 million to the […]
$15 million gift to expand Blavatnik Fund for innovation in life sciences
Yale University has received a $15 million grant from the Blavatnik Family Foundation, headed by American industrialist and philanthropist Len Blavatnik, to expand the Blavatnik Fund for Innovation at Yale. First established in 2016 with a grant of $10 million, the Blavatnik Fund advances entrepreneurship in the life sciences at Yale and expedites the development, […]
Healthcare investor 7wiresVentures closes $100M for startup fund, forms coalition
As technology increases in the healthcare arena more and more venture firms are turning their attention to digital health. Healthcare focused venture firm 7wireVentures has recently closed on a $100 million fund and formed a coalition with eight major healthcare organizations including several large health systems and insurers. The 7wire Connected Consumer Health Fund has […]
Massachusetts Institute of Technology (MIT) establishes MIT-Azerbaijan Fund to support young entrepreneurs and startup ecosystem development in Azerbaijan
SOCAR AQS has signed theagreement with the Massachusetts Institute of Technology (MIT), one of the top universities in the world, for establishment of the MIT – Azerbaijan Fund. The MIT- Azerbaijan Fundwill support the new MIT–Azerbaijan Global Startup Labs initiative to be administered by the MIT International Science and Technology Initiatives (MISTI) Program. The agreement […]
Oxford University’s newest start-up accelerator welcomes its first cohort
The ten teams will be supported by the Foundry through the L.E.V8 programme for a six month period, ending in September 2018. The Oxford Foundry (OXFO) is a new entrepreneurship centre at the heart of Oxford University, an initiative led by Professor Peter Tufano, the Dean of Saïd Business School, with a founding donation from […]
Argonne National Laboratory selects startups for Chain Reaction Innovations program – Daily Energy Insider
The Department of Energy’s (DOE) Argonne National Laboratory recently selected the second group of participants in Chain Reaction Innovations (CRI), a program that embeds postdoctoral researchers at the lab where they can work on developing their technologies. © Shutterstock The two-year program will allow participants to access the lab’s scientific expertise, facilities and mentorship to […]