A new venture capital fund will start investing in Wisconsin's university and college entrepreneurs this fall after closing on $6 million in fundraising. The Winnow Fund, a seed-stage venture capital fund led by Richelle Martin, announced the fundraising in a news release Monday. The Winnow Fund plans to start investing in November. The fund plans [...]
With face-to-face meetings between investors and startup founders sidelined due to the coronavirus, a Chicago VC firm is launching a new virtual matchmaking initiative to connect entrepreneurs with tech investors. Sandalphon Capital, led by Jonathan Ellis, has launched the “midwest.tech/connect” virtual summit, a virtual event that aims to connect startups across the Midwest to venture capital firms and angel [...]
WEST LAFAYETTE, Ind. — Purdue University will reach 275 startups within the coming fiscal year in startup creation. Providing strength and longevity to Purdue-affiliated startups is the more than $400 million dollars in support and investments the startups have brought to Indiana, much from venture capitalists. “Venture capitalists are interested in companies with innovations that [...]
The coronavirus pandemic has changed everything, including how companies raise venture funding. It has become a slower, shakier process, in part because VCs and startup founders can no longer meet in person. “Much of communication between people is non-verbal,” Russ Wilcox, a partner at Pillar VC, told Built In. Specifically, he said, a lot of emotional [...]
t's no secret that — in light of coronavirus-caused closures, market disruption, and historic unemployment — venture capitalist might be a little more hesitant to join in on a startup's investment round. Yet one Houston VC group has managed amidst the crisis — and even succeeded in closing its most recent fund. Fitz Gate Ventures, [...]
Against a backdrop where the life-or-death consequences of biotechnology innovation are becoming increasingly apparent as the world races to develop vaccines and therapies to treat COVID-19, life sciences investor ARCH Venture Partners has raised $1.46 billion in funding to finance new tech development. The two funds, ARCH Venture Fund X and ARCH Venture Fund X Overage, are [...]
To continue supporting technology in regions all over the world from North America to Southeast Asia, Leonid Boguslavsky-founded RTP Global unveiled a new $650 million fund to keep investing in early-stage tech companies. The venture capital firm’s last fund totaled $200 million and was rolled out in 2017, according to reports. The fund reportedly intends to invest in [...]
Duke University and Deerfield Management Company, a healthcare investment firm, have created a major translational research collaboration with $130 million in funding. By way of a newly launched company called Four Points Innovation, up to $130 million of initial funding will be made available by Deerfield to back the initiative for 10 years. Deerfield also will provide development expertise in support of Duke’s innovative drug research across a span of high-need therapeutic areas, as well as those targeting patients [...]
UAVenture Capital Fund (UAVC), a Tucson-based venture capital fund dedicated to the commercialization of University of Arizona discoveries, products, technologies and services, today announced its thirteenth investment. The Fund has invested in StimAire, Inc. where breakthrough technology may revolutionize the treatment for Obstructive Sleep Apnea (OSA). StimAire replaces today's surgically implanted neural stimulation devices with a small wearable and [...]
Venture Investors is going all-in on healthcare with its latest venture fund. Launched in 1982, Venture Investors (VI) is the oldest venture firm in Wisconsin, and one of the older VCs in the US. Historically, early-stage life sciences and healthcare startups have made up the majority of its investments, but it has also backed young [...]