Perplexity AI $50 million venture, backing early-stage startups
Perplexity AI, the developer of a popular artificial intelligence search engine, is close to raising a $50 million venture fund focused on early-stage AI startups, CNBC has learned. The company will be an anchor investor in the fund, but most of the capital is coming from outside limited partners, according to a person familiar with […]
How Public Funding of Early-Stage Science Drives Medical Innovation
From ITIF: Early-stage research is crucial for driving innovation and maintaining global competitiveness, even when its commercial viability is not immediately apparent. Take, for example, the immensely successful Defense Advanced Research Projects Agency (DARPA), which pioneered early innovations for common technologies including GPS, weather satellites, and even Siri in our iPhones. Many of the everyday […]
UNLEASHED by Purina accelerator program announces 2025 cohort | Pet Food Processing
On Feb. 18, Nestlé Purina PetCare’s UNLEASHED accelerator program announced the seven startups that will participate in its Class of 2025. Among these startups is Singapore-based UMAMI Bioworks, which produces cultivated seafood products. Powered by the Purina Accelerator Lab, UNLEASHED seeks to support startups through a test and learn approach to foster business growth. The […]
Rice and UTHealth Houston advancing innovation in translational science
A Rice University team led by Jane Grande-Allen has received approximately $1.69 million as part of a renewed grant awarded to the Center for Clinical and Translational Sciences (CCTS) at UTHealth Houston. A longtime collaborator with the CCTS, Rice will bring investigators from the schools of engineering and social sciences to participate in multi-institutional studies that seek […]
University of Tennessee names 2025 Chancellor
For the second year, the University of Tennessee, Knoxville, is supporting entrepreneurial research led by UT faculty with Chancellor’s Innovation Fund awards of $50,000 for each project. This year’s winning researchers are testing an implantable prosthetic thumb, developing humanoid robots, protecting the national soybean crop, improving data collection for manufacturing, and creating aluminum-air batteries. The […]
Cambridge Innovation Capital launches £100M Fund for deeptech and life sciences – Tech.eu
Cambridge Innovation Capital (CIC) has today launched a new £100 million Opportunity Fund to invest in growth stage deep tech and life sciences companies. With up to £20 million per investment into later-stage rounds of deep tech and life sciences companies, the Opportunity Fund aims to address the UK’s scale-up financing gap, which forces many of […]
Seed fund to help early-stage university startups enters investment phase | Tech Launch Arizona
A University of Arizona seed fund designed to help launch startups from the innovations of faculty, staff, students and alumni has surpassed its initial goal of $2 million after just a year of fundraising. The Wildcat Philanthropic Seed Fund (WPSF) is ready to begin accepting applications and making its first investments. Tech Launch Arizona – the university office that […]
Mcgill TechAccelR grants call for applications
TechAccelR Grants supports McGill University tenure-track professors by enabling them to accelerate their research-based ideas with commercial potential that are reported as inventions but need further validation as part of the commercialization plan. The program is offered biannually (spring and fall) and includes grants that can go up to $15,000 per invention/technology, along with personalized business mentorship. For […]
Seven Vanderbilt faculty research projects get innovation catalyst funding
Vanderbilt has announced seven awardees in the latest round of its Innovation Catalyst Fund, an initiative that supports translational research that has promising commercial potential. The fund, which is available to all university and Vanderbilt University Medical Center faculty, helps tackle real-world problems. It provides vital support in three key areas: proving ideas can be […]
Altitude Lab Launches Pre-seed Venture Fund
SALT LAKE CITY, Feb. 19, 2025 (GLOBE NEWSWIRE) — Altitude Lab, a biotech accelerator started by Recursion in Salt Lake City, today announced the launch of its pre-seed venture fund aimed at supporting early-stage biotechnology startups impacted by recent federal funding policy shifts. Together with Altitude Lab, Altitude Lab Fund intends to provide crucial capital, […]