New Investments/Awards

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” [...]

4 06, 2020

LSU Health, NOBIC Supported Company Wins Grant to Fight Fatal Neonatal Disease – Biz New Orleans

By |2020-06-04T10:49:55+00:00June 4th, 2020|Louisiana, New Investments/Awards|0 Comments

Chosen Diagnostics announced it has received a $224,758 grant from the National Science Foundation for development and commercialization of its biomarker for noninvasive detection of necrotizing enterocolitis, a disease primarily seen in preterm infants. The test, invented by Sunyoung Kim, Ph.D., CEO of Chosen Diagnostics and professor of biochemistry and molecular biology at LSU Health [...]

3 06, 2020

Queen’s University spin-out Re-Vana Therapeutics raises $3.25m

By |2020-06-03T20:48:08+00:00June 3rd, 2020|New Investments/Awards, UK/England, Uncategorized|0 Comments

Today (3 June), Queen’s University Belfast spin-out Re-Vana Therapeutics announced that it has raised $3.25m in pre-Series A funding. The start-up, which develops sustained-release therapeutics for significant sight-threatening ocular diseases, said that the round was oversubscribed by more than $1m and closed in two tranches. The first tranche was led by ExSight Ventures, with participation [...]

14 05, 2020

New Orleans tech startup Resilia closes $8M in key funding round – New Orleans CityBusiness

By |2020-05-14T09:47:02+00:00May 14th, 2020|Louisiana, New Investments/Awards|0 Comments

Resilia, a tech company that services nonprofit organizations and the organizations that want to donate to them, has announced an $8 million Series A funding round. It’s that highest venture capital raise by a female-founded tech company in Louisiana, according to GNO, Inc. It’s also one of the largest Series A funding rounds made by [...]

4 03, 2020

Molekule raises $58M in Series C round – Tampa Bay Business Journal

By |2020-03-04T14:45:35+00:00March 4th, 2020|Florida, New Investments/Awards, Uncategorized|0 Comments

Molekule, a tech startup born out of University of South Florida research, has closed another multimillion-dollar investment round. The San Francisco-based company with a focus on clean technology raised $58 million this week. "The air purifier market is one of the fastest-growing markets in the world right now, and there is an incredible need for companies like [...]

9 01, 2020

TEDCO’s Maryland Innovation Initiative Infuses $2.63M in New Round of Projects

By |2020-01-09T09:36:10+00:00January 9th, 2020|Maryland, New Investments/Awards, State or Government|0 Comments

COLUMBIA, Md., Jan. 8, 2020 /PRNewswire/ -- TEDCO, Maryland's economic engine for technology companies, announced its recent round of funding for select projects through the Maryland Innovation Initiative (MII). This round of funding includes project grants for technology assessment and investments in the spin-out companies, from its five partner universities for a total of $2.63M. Established in 2012, the MII program was created [...]

7 11, 2019

IU Philanthropic Venture Fund invests $250,000 in Qumulex, a cloud-based security solution provider

By |2019-11-07T06:11:19+00:00November 7th, 2019|Indiana, New Investments/Awards, Venture Fund|0 Comments

IU Ventures has invested $250,000 in Qumulex, a company poised to transform the video surveillance and access control industry by unifying video surveillance and access control with cloud storage and accessibility. The investment is part of a Series Seed II funding round. Qumulex is developing a platform of security solutions, including both hardware and software, for the [...]

11 06, 2019

UVA LVG Venture Fund participates in a  $15.9M round for prescription decision support startup 

By |2019-06-11T10:47:36+00:00June 11th, 2019|New Investments/Awards, Virginia|0 Comments

RxRevu, a Denver, Colorado-based company focused on prescription decision support, has wrapped up a $15.9 million Series A funding round. Colorado-based health system UCHealth led the round. Participation also came from the University of Virginia LVG Venture Fund, Presbyterian Healthcare Services (NM), Inception Health/Froedtert Health, Children’s Hospital Colorado, UnityPoint Health, JAZZ Venture Partners and other existing investors. Founded in [...]

17 04, 2019

U Michigan chip design startup raises $6 million in venture funding 

By |2019-04-17T16:54:59+00:00April 17th, 2019|Michigan, New Investments/Awards|0 Comments

Movellus Inc., a University of Michigan startup, has secured $6 million in Series A venture funding for a total of $10 million so far. The company provides technology that helps accelerate and optimize semiconductor chip design. Its applications include cloud computing, the Internet of Things and artificial intelligence. The $6 million in funding was led [...]

27 02, 2019

University of Michigan to invest up to $20 million in four of its startups

By |2019-02-27T09:16:23+00:00February 27th, 2019|Michigan, New Investments/Awards, Venture Fund|0 Comments

ANN ARBOR—The University of Michigan will make a $2.75 million initial investment into four U-M startups with potential funding of up to $20 million through subsequent financing rounds. The U-M Board of Regents approved the investments Thursday through the Michigan Investment in New Technology Startups initiative. The MINTS fund, which is overseen by the U-M [...]