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
WARF, State of Wisconsin create new early-stage venture capital fund for information technology
The State of Wisconsin Investment Board and Wisconsin Alumni Research Foundation are creating an early-stage venture capital fund focused on information technology. Called 4490 Ventures, a reference to the 44° N latitude and 90° W longitude lines that approximate the
Clearside Biomedical, GA Tech venture spin-out, lands $7.9M investment
Clearside Biomedical, Inc. an Atlanta-based ophthalmic pharmaceutical company launched from research at Emory University and the Georgia Institute of Technology, has received $7.9 million in funding to continue drug and technology development for treatment of ocular diseases. The new funding
Virginia Innovation Partnerships puts $861K in 18 university research projects
A statewide network designed to accelerate innovation and economic growth has awarded $861,086 to 18 university research projects across the commonwealth. The Virginia Innovation Partnership, created last fall as part of the U.S. Department of Commerce’s i6 Challenge, provides proof-of-concept funding to advance early-stage
IP Shakti adds a CEO in Residence program to support seed fund for biomedical and life science innovations
PRINCETON, N.J., March 21, 2013 /PRNewswire/ – IP Shakti (www.ipshakti.com) has now launched a CEO-In-Residence (CIR) program with their existing gap fund and technology portfolio. “Management, Funding and Technology form the 3-legged stool a start-up company needs to bring a technology to
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.