U Virginia Ceres hits milestone, receives $5.5M new funding
Ceres Nanosciences (Ceres) is announcing today that it has reached a key product development milestone for its Nanotrap® Lyme Antigen Test System. The Nanotrap® Lyme Antigen Test System will proceed into manufacturing and analytical performance testing this year and is on track for clinical study and FDA submission in 2019. “The Nanotrap® Lyme Antigen Test […]
£750,000 seed funding for University of Leeds spin-out | Insider Media Ltd
Two University of Leeds professors, who have developed software that detects subsidence using satellite data, have launched a new spin-out company supported by £750,000 in seed funding. The investment in SatSense has been provided by NPIF – Mercia Equity Finance which is part of the Northern Powerhouse Investment Fund, Unipart Rail and the University of Leeds. […]
TechAdvance® Fund Advances Rutgers Technologies Toward Commercialization with 22 Awards Totaling $1.45M | Office of Research and Economic Development
Created through Rutgers University’s Office of Research and Economic Development (ORED) to advance early stage technologies invented by Rutgers researchers toward commercialization, the TechAdvance® Fund has awarded $1.45 million to 22 researchers to date. Additionally, the first technology funded by the TechAdvance program has been successfully licensed to a third party. Launched in June 2017, […]
MTRAC Innovation Hub awards $177,000 for applied materials projects
A self-cleaning glass mixture and a transparent conductor are two of the latest projects to win financial support from the state of Michigan’s Innovation Hub program. Four inventions from three of Michigan’s public universities will share more than $177,000 in awards bestowed by the Michigan Translational Research and Commercialization’s applied advanced materials projects hub at […]
Carnegie Mellon and Innovation Works hold ‘venture fair’ for Pittsburgh AI and robotics startups
Pittsburgh’s robotics and artificial intelligence sectors are gaining more attention than ever before, thanks to continued interest from tech giants like Facebookand Google, which opened offices there, as well as local university Carnegie Mellon’s recent announcement that it will be offering the nation’s first undergraduate degree in artificial intelligence. But startups in the area still face the same challenges […]
Alumni Association invests in Penn State-related startups
The Penn State Alumni Association will invest in the future of Penn State entrepreneurs and technology startups — including those launched by Penn State alumni, students and faculty — through a $500,000 commitment to 1855 Capital. The $10 million-plus 1855 Capital Fund provides seed and early-stage venture capital to Penn State affiliated startups. It develops […]
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 […]