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
Cisco eyes early-stage startups with new venture fund
Cisco Systems Inc., one of the most prolific corporate acquirers of startups, is starting up a new venture fund that will run independently from the parent company, people familiar with the matter say. The Silicon Valley company, which historically has
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
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
The University of Virginia Licensing & Ventures Group Seed Fund Announces Investment in 510 Kardiac Devices, Inc.
The University of Virginia Licensing & Ventures Group (LVG) Seed Fund announced today its fourth investment – 510 Kardiac Devices, Inc. (510 Kardiac). 510 Kardiac is an early stage medical device company developing novel technologies for cardiovascular surgical procedures. The
Midwest Venture Investors To Raise As Much As $100M To Fund Health Startups
Venture Investors plans to raise up to $100 million for a new, healthcare-focused venture capital fund, the Madison, WI-based firm said in a documentrecently filed with federal securities regulators. VI is the oldest and largest venture capital fund in Wisconsin. It created a new business entity, “Venture Investors Health Fund 6 LimitedPartnership,” under whose name the document was filed. The filing lists the same business address and some of the same executiveofficers as previous funds VI has raised for investing in startups. Scott Button, a managing director at VI, declined to say what the organization’stimeline is for raising the new healthcare fund, citing regulatory restrictions. The Wisconsin-based healthcare businesses that VI has backed include CellectarBiosciences, FluGen, and TAI Diagnostics. Two Madison-based startups in VI’s portfolio were acquired by large, publiclytraded companies in the last two years: NeuWave Medical, which was sold toEthicon, a subsidiary of Johnson & Johnson; and Virent, which was acquired byAndeavor. Source: Xconomy: Venture Investors To Raise As Much As $100M To Fund Health Startups
University of Texas Genesis Fund for Student Startups Raises $1M-Plus
Finding funding is one of the hardest things for first-time entrepreneurs at any stage of life. But doing it while you’re in college and before you’ve made a lot of connections in the startup ecosystem is even harder. Now, student
ISA and Tel Aviv University Ventures launch startup accelerator
The Israel Security Authority (ISA) (Shin Bet) and venture capital fund TAU Ventures, founded by Tel Aviv University, have announced the launching of a startup accelerator in Israel. The first class will focus on early-stage entrepreneurs working in artificial intelligence
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
$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,
Penn State-Monash collaboration progresses, seeks proposals for seed funding
The Monash-Penn State partnership began in the early 1990s and has since evolved to an institutional level. The collaboration now includes strategic work on common areas of research to better leverage the capabilities of both universities. “Penn State and Monash