U Texas/Sanofi Partnership Illustrates Biomedical Research Turning More to Private Funds
The pharmaceutical company Sanofi will fund up to $2.4 million a year in biomedical research at the University of Texas System under a deal announced Thursday, the latest in a trend toward more research funding from private industry as government research money dwindles. The university system and multinational company called the agreement a mutually beneficial […]
UT Horizon Fund invests $593K in MolecularMatch in Series A financing round
AUSTIN, TX – UT Horizon Fund, the strategic venture fund of the University of Texas System, has made a $593,000 Series A preferred stock investment in MolecularMatch.
UT Horizon Fund Aims to Build, and Capture, Value from Its Startups
Like other universities, UT has already acquired ownership stakes in spinoff companies by accepting equity as part of the compensation for licensing its intellectual property to startups. Since the Horizon Fund began operations last year, it has been able to invest aggressively, at a time when many universities can’t. The UT Horizon Fund has also […]
U Texas Horizon Fund invests in video transfer start-up, Latakoo
(Oct. 25, 2012) — Latakoo, a start-up company that offers an easy-to-use online video transfer product, has been selected to receive a $200,000 investment from the University of Texas (UT) System Horizon Fund. The investment is significant news for latakoo and for The University of Texas at San Antonio, which is part owner in the […]
UTexas Entrepreneurial Faculty Member Urges State to Support Start-up Funding
University of Texas professor James McGinity has defied the odds as an academic entrepreneur. In 1996, he and a colleague, Bill Williams, went in hock for $1 million to start a company, PharmaForm LLC, in a small building off Yager Lane. By the time they sold the company in 2007, it had 85 employees and […]