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
First Round Capital supports Philly tech scene, QED proof of concept program
The city of Philadelphia announced Tuesday that its Startup PHL Seed Fundwill be run by one of the top seed investors in the country — for free. First Round Capital, the University City-based seed-stage venture-capital firm co-founded by tech entrepreneur and
Google acquires U Toronto start-up, DNNresearch
The University of Toronto computer science department confirmed today that Google has acquired one of their startups lead by professor Geoffrey Hinton. DNNresearch Inc. was incorporated in 2012 and includes two of Hinton’s graduate students, Alex Krizhevsky and Ilya Sutskever. The startup
Purdue University backs $250K for life sciences companies through Emerging Innovations Fund
Two life sciences companies that are commercializing Purdue University innovations can receive up to $250,000 in investments from the Emerging Innovations Fund, an evergreen fund created to accelerate the commercialization of early-stage discoveries.
CT Innovations puts $950K into six start-ups
Six more fledgling New Haven County tech firm got a combined $950,000 financial lift from Connecticut’s quasi-public technology-investment promoter. Connecticut Innovations Inc. in Rocky Hill announced Monday the investment through its Pre-Seed Fund.
Life Sciences Discovery Fund supports $750K in health-related technologies
SEATTLE, Washington, March 11, 2013 — The Life Sciences Discovery Fund (LSDF) today announced nearly $750,000 in Proof of Concept grants to three Washington organizations to support transition of promising health-related technologies from concept to commercial product. Also announced was
Michigan Accelerator Fund invests $4.8M into seven companies
In a quest to fill West Michigan’s early-stage funding gap, the $15 million Michigan Accelerator Fund I has invested $4.8 million in seven companies, with an additional $3 million earmarked for add-on investments in those companies.
Washington Post coverage of sequester impact on university research
About $30 billion a year flows from Washington to universities for research and development in fields from agriculture to astrophysics. This funding has helped make leading U.S. research universities, including Johns Hopkins in Baltimore and the University of Maryland in
Podcast: University of Colorado on success of POC fund
W3W3 radio spoke with TTO head Tom Smerdon about the acquisitionof CU-Boulder startup LineRate Systems by F5, and the role played by early-stage TTO funding: The thing that is exciting about this is, not only was this a startup basically out of Computer
CO Governor announces $150M VC fund to support tech companies, university-start-ups
In an interview with reporters today at the Venture Capital In The Rockies event in Beaver Creek, Colo., Gov. John Hickenlooper revealed that the state will be partnering with a number of local CEOs and technology companies to create a $150 million
UK CT Investment Partners backs University of Bradford energy start-up
UK-based clean energy venture capital firm CT Investment Partners has backed university spinout Acoustic Sensing Technology with a £650,000 commitment.