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
Biomedical Catalyst Award Goes To BioMoti, Pharmidex and Queen Mary University of London
BioMoti, Pharmidex and Queen Mary University of London (QMUL) have been awarded a grant of £662,222 by the UK’s innovation agency, Innovate UK. The grant was awarded under the Biomedical Catalyst funding competition to support preclinical studies of new therapeutic
FastForward U aims to support student entrepreneurs at John Hopkins U
This semester, FastForward U (FFU) will begin offering entrepreneurial advising to students looking to start a company or business venture. FFU is an initiative from Johns Hopkins Technology Ventures (JHTV), an office that facilitates licensing and patents for Hopkins researchers
CMU spinout Petuum gets nearly $100M in venture funding
Carnegie Mellon University artificial intelligence spin-off company Petuum Inc. has raised $93 million in a new round of venture funding led by Japanese telecommunications and internet giant SoftBank Group, Petuum co-founder Eric Xing said. Mr. Xing is a computer science
UConn Spinout Wins CT Bioscience Innovation Fund Investment Award For Retinal Implant
LambdaVision, the UConn spinout, today announced that it was awarded $500,000 in Series A Equity from Connecticut Innovations, the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, through the Connecticut Bioscience Innovation Fund (CBIF). Led by
Proposed $10 million VC fund would target health care startups
HOLLAND — Partners in a firm that invests in medical device innovations are considering forming a new $10 million venture capital fund to back early-stage health care startups, MiBiz has learned. Organizers behind Cultivate(MD) are laying the groundwork and gauging interest for a private placement
Houston Methodist Hospital receives $101M gift for translational research
Houston Methodist Hospital has received its largest philanthropic gift in its nearly 100-year history. Paula and Rusty Walter and their Houston-based company, Walter Oil & Gas Corp., have donated $101 million to the hospital, according to a press release. Houston
Five Simon Fraser University-led research projects share $21.7 million from CFI’s Innovation Fund
Five SFU research projects—from creating a new centre for wearable biomedical technologies to studies in immersive remote sensing communication— will benefit from $21.7 million in new infrastructure funding from the Canada Foundation for Innovation (CFI). The federal contribution is expected to more than double over
Purdue-affiliated life sciences startup wins first place and $25,000 in BioCrossroads competition
LoDos Theranostics LLC, a Purdue-affiliated life sciences startup, received the first-place prize at the New Venture Competition hosted by BioCrossroads. You-Yeon Won, a professor in Purdue’s School of Chemical Engineering, and Rachel Kim, an MBA graduate from MIT Sloan, co-founded LoDos
Missouri Innovation Center invests $125,000 in local startups
Chris Harbert didn’t expect to choke up during his business pitch at the Missouri Tech Challenge on Wednesday night at the Blue Note. In August, Harbert turned down a six-figure income at a Fortune 1000 company to focus on his
Microsoft Ventures, Madrona and others launch $3.5M AI startup competition
The firm is partnering with Madrona Venture Partners, Notion Capital and Vertex Venturesto host this competition, which is looking for (very) early-stage AI startups in North America, Europe and Israel. The Innovate.AI competition will award $1M in funding to one startup per region (North America, Europe