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
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
Vertex Ventures raises $210 million for Southeast Asia, India start-ups
Vertex Ventures, the venture capital arm of Singapore state investor Temasek Holdings, said it has raised a $210 million fund to invest in Southeast Asian and Indian startups, exceeding its original target size of $150 million. Vertex plans to continue its strategy of investing in early-stage
Enterprise Ireland offering €500,000 in start-up funding
This CSF is directed at mature and highly experienced business professionals with 25 years or more of relevant business experience in Ireland or abroad, of which at least 10 years should be at a senior or leadership level. Up to
Mayo Clinic, Oxford to collaborate on research and innovation
Mayo Clinic is partnering with the University of Oxford, and Oxford University Hospitals NHS Foundation Trust to boost medical research and patient care in all areas of innovation. The institutions will collaborate on research, teaching and clinical care to drive