GAP Community News
The University Gap Funding/Accelerator Weekly update, a resource for those interested in university-affiliated translational research, proof of concept, startup, and venture gap fund/accelerator program
University Gap Funding and Accelerator Community News
Startup companies speed pitch at Texas A&M’s New Ventures Competition
In 20 minutes, six companies proved their worth to a panel of judges and a collection of investors Thursday at this year’s Texas A&M New Ventures Competition. Ultimately, Alex Wesley’s Arovia took the top prize of $50,000 for the Spontaneous
AHA, Philips, UPMC launch $30M venture fund for cardiovascular innovation
The American Heart Association, the University of Pittsburgh Medical Center, and healthcare tech company Royal Philips have partnered to finance a new $30 million venture fund, according to a statement. Called Cardeation Capital, the fund will be managed by Aphelion
Deerfield Management pledges $65 million to Northwestern for drug development
Northwestern announced Thursday it is partnering with Deerfield Management, an investment management company, to launch Lakeside Discovery LLC in order to help develop new drugs. Deerfield, which pledged up to $65 million, will help shepherd potential drugs to the Food
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
£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
Purdue Foundry Fund Makes More Investments
The Elevate Purdue Foundry Fund has invested more than $500,000 into 11 Purdue University startups. The funding includes five companies receiving $80,000 each for achieving “Gold Award” investment status. The fund is a joint venture between private venture development organization
U Buffalo CTSI Awards Translational Research Project Grants
Using local institutional support and an award from the National Center for Advancing Translational Sciences (NCATS), National Institutes of Health, the CTSI has funded nine projects involving researchers from the Jacobs School of Medicine and Biomedical Sciences. New Technologies, Therapeutics Sought The pilot
$35 million in NIH funding launches health research accelerator with UChicago
The University of Chicago and UChicago Medicine are part of a new health research accelerator that has launched thanks to nearly $35 million from the National Institutes of Health. The Institute for Translational Medicine will work to improve people’s lives by pursuing research
U Nevada InNEVator seeks participants for 2018 startup bootcamp
The “Internet of Things” (Iot) is defined as the interconnection via the internet of computing devices embedded in everyday objects, enabling them to send and receive data. What this means for everyday people is the ability to tweak the thermostat,
Cal Poly Announces SLO HotHouse Summer Accelerator Program’s 2018 Cohort
Cal Poly’s Center for Innovation and Entrepreneurship (CIE) has accepted eight startup companies into this year’s SLO HotHouse Summer Accelerator program. The intense 13-week program is designed for students and recent graduates who have developed new ventures that need funding