New Investments/Awards

1 09, 2021

CIT GAP Funds Invests in BloomCatch to Advance the Next

By |2021-09-01T08:05:53+00:00September 1st, 2021|New Investments/Awards, State or Government, Virginia|0 Comments

The Center for Innovative Technology (CIT) today announced that CIT GAP Funds, the direct investment program of the Virginia Innovation Partnership Authority (VIPA) Investment Division, has invested in Centreville, Va.-based BloomCatch. BloomCatch is a versatile mobile plant identification app that combines cutting edge machine learning with live human experiences to connect plant parents to plant experts [...]

1 09, 2021

Purdue U Startup Closes Seed Funding Round 

By |2021-09-01T08:00:40+00:00September 1st, 2021|Indiana, New Investments/Awards|0 Comments

A West Lafayette-based life sciences diagnostic startup has closed on a $1.8 million seed round of funding. Amplified Sciences, which is developing diagnostics designed to detect debilitating diseases more quickly, says the round was completed by an investment from Chicago-based OCA Ventures. Amplified Sciences Chief Executive Officer Diana Caldwell says the funding will help validate the [...]

8 07, 2021

Duke U medtech startup Xilis raises $70M; Google Ventures, Duke Angels 

By |2021-07-08T09:51:05+00:00July 8th, 2021|New Investments/Awards, North Carolina|0 Comments

Xilis, a startup founded by two professors at Duke University focusing on technology to boost precision health and oncology, has landed $70 million in new funding with Google Ventures among the backers. The two-year-old company had previously raised close to $5 million. “Our vision is to transform cancer care in diagnostics and reshape drug development [...]

1 07, 2021

 Chicago startup Rheaply raises $2.2M from Microsoft climate fund, MIT

By |2021-07-01T10:22:45+00:00July 1st, 2021|Corporate, Illinois, New Investments/Awards|0 Comments

Rheaply, a Chicago startup that specializes in recycling and sourcing unused items, has raised new funding from Microsoft and MIT. The startup, led by CEO Garry Cooper, landed $2.2 million from Microsoft’s Climate Innovation Fund and MIT Solve’s investment arm, Solve Innovation Future. Founded in 2015, Rheaply has set out to strengthen the "circular economy," a term [...]

24 03, 2021

Cornell AI startup secures $1 million in seed funding 

By |2021-03-24T15:41:20+00:00March 24th, 2021|New Investments/Awards, New York|0 Comments

Iterate Labs, a startup with Cornell beginnings that uses wearable sensors and computer vision to drive factory production and worker safety, has obtained $1 million in seed funding to support the company’s growth. The funding award was led by Monozukuri Ventures, a specialized investor in hardware and manufacturing technology companies, with co-investor Tyson Ventures, the [...]

17 03, 2021

Lab Bench to Commercialization grant recipients announced | Penn State University

By |2021-03-17T18:06:15+00:00March 17th, 2021|New Investments/Awards, Pennsylvania, Translational Research|0 Comments

Two faculty members have been selected to receive Lab Bench to Commercialization (LB2C) grants from the Eberly College of Science in 2021. The competitive program provides funding for researchers in the college, enabling them to enhance the commercial potential of ongoing research and prepare them to translate their intellectual property to the marketplace. This year's [...]

4 02, 2021

WSU researchers receive the 2021 Commercialization Gap Fund

By |2021-02-04T09:08:57+00:00February 4th, 2021|New Investments/Awards, Proof of Concept (POC) Fund, Washington|0 Comments

The Office of Commercialization has awarded 10 Washington State University researchers with the Commercialization Gap Fund (CGF). The CGF supports research projects with high market potential and provides researchers up to $40,000 to booster their ability to make an economic impact on society. The CGF is funded by a generous donation from the Washington Research [...]

13 01, 2021

Cornell startup awarded $600K to improve food safety

By |2021-01-13T14:04:07+00:00January 13th, 2021|New Investments/Awards, New York|0 Comments

Halomine, a Cornell-based startup developing cutting-edge technologies for the sanitation of food processing equipment, has been awarded $600,000 from the U.S. Department of Agriculture’s National Institute of Food and Agriculture (USDA-NIFA), under Phase II of the Small Business Innovation Research (SBIR) program. One of the primary objectives of the USDA-NIFA program is related to manufacturing [...]

17 12, 2020

U Florida Atsena Therapeutics Raises $55 Million Series A Financing to 

By |2020-12-17T06:34:29+00:00December 17th, 2020|New Investments/Awards|0 Comments

Atsena Therapeutics, a clinical-stage gene therapy company focused on bringing the life-changing power of genetic medicine to reverse or prevent blindness, today announced it has closed an oversubscribed $55 million Series A financing led by Sofinnova Investments with participation from additional new investors Abingworth and Lightstone Ventures. Founding investors Hatteras Venture Partners and the Foundation [...]

8 07, 2020

Princeton University logistics tech startup raises $4 million in venture funds

By |2020-07-08T12:02:17+00:00July 8th, 2020|New Investments/Awards, New Jersey|0 Comments

A Princeton University spinoff that says its artificial intelligence (AI) platform can help logistics providers operate their companies better has raised $4 million in venture funding and hired an alumnus of Uber Freight and FourKites to promote it. Princeton, New Jersey-based Optimal Dynamics said today that its “CORE.ai” product uses technology it calls “high-dimensional artificial intelligence” [...]