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
Osage collects $151m for University Fund II
Osage University Partners II has received $151m in commitments from 145 LPs according to a filing with the US Securities and Exchange Commission. The funds predecessor was a $100m vehicle which closed in 2011. Fund II will focus on start-ups
Penn State Fund for Innovation aids research commercialization efforts
Innovation is the lifeblood of any great university. But transforming the results of basic research into a commercial product that can benefit society is a path strewn with many obstacles. The new Fund for Innovation is intended to make that
Crowdfunding helps Colorado State students fund businesses and other projects – Rocky Mountain Collegian
Crowdfunding platforms like Kickstarter have helped thousands of entrepreneurs and creative minds get their projects off the ground thanks to donations from mostly anonymous contributors over the internet. In April, Colorado State University alumni-founded Wild Gym Company raised $111,178 with
Raze Therapeutics launches with $24m in Series A financing
Cambridge-based Raze Therapeutics announced its launch Monday, adding that it has closed on a $24 million Series A financing. Investors in the Series A financing include Atlas Venture, MPM Capital Management, MS Ventures, Partners Innovation Fund, Astellas Venture Management, and
UConn’s ‘hearty startup’ gains attention, funding
When he enrolled in UConn’s biomedical engineering graduate program in 2005, Eric Sirois wasn’t thinking about a career in business. But an entrepreneurship class that helped him better understand how to commercialize the heart valve implant he’d been developing changed
CIT releases annual report on research commercialization in Virginia
The Center for Innovative Technology (CIT) announced this week the release of the Commonwealth Research Commercialization Fund (CRCF) annual report for FY2014, showing growth in new patents, products and innovative companies. Karen Jackson, Virginia’s Secretary of Technology, said, “CRCF plays an
Indiana Purdue Collaboration is a ‘Fund With Afterburners’
Qualified Purdue-affiliated startups have two more resources to advance their companies through a three-year, $2 million fund as well as the addition of two new entrepreneurs-in-residence through a collaboration among the Purdue Foundry, Elevate Ventures and the Indiana Economic Development
Ohio Third Frontier awards more than $8.4 million to University of Akron, Cleveland Clinic and other Northeast Ohio innovators, universities
The Ohio Third Frontier Commission on Wednesday approved $12.5 million to support startups, commercialize technologies, and help companies develop innovative products. Two-thirds of the money, or more than $8.4 million, was awarded to The University of Akron, the Cleveland Clinic and four
Merck’s venture arm invests in data security for academia, gov’t & biotech collaboration
Identity management software company Exostar has received a $5 million investment from Merck’s venture arm to expand its healthcare and life sciences business. This centers on secure data collaboration, because big pharma – as pretty much every healthcare-related operation -needs to operate more
SpeedInvest launches €50m second fund
The fund has been launched in partnership with start-up platform Pioneers and business angel Johann Hansmann. SpeedInvest CEO Oliver Holle hinted the fund would be holding its first close by the end of 2014. The fund, which aims to bridge