Sahil Lavingia, the CEO of commerce platform Gumroad, is raising $5 million in new funding. But he's not traversing Sand Hill Road looking for a few big checks. Instead, he wants that $5 million to come in a few hundred dollars at a time, from investors he's never met. Maybe even investors who no one would [...]
Melisa Ellis (BA UTSC 2015), a University of Toronto graduate and founder of the non-profit social and technology enterprise Nobellum, is joining forces with U of T to help launch at least 100 Black-owned start-ups by 2025. “I know first-hand what it’s like to be the only Black person working at a tech company,” says Ellis, whose mission [...]
Texas Medical Center Innovation selected 20 participants for its nine-month cancer therapeutics accelerator. The Accelerator for Cancer Therapeutics was established in 2019 using grant funding the TMC received from the Cancer Prevention Research Institute of Texas, or CPRIT. The ACT provides resources for business development, education and networking to selected researchers and early-stage biotech companies to advance their [...]
The Innovation Hub at Research Park [on Feb. 7] announced the winners of its annual Presidents’ Innovative Startup Awards, through which the presidents of Texas Tech University and Texas Tech University Health Sciences Center (TTUHSC) recognize startups that exemplify innovation and commercialization. The awards give early-stage startups space and critical access to equipment to become revenue-generating companies. Texas Tech awarded four [...]
We are pleased to announce that a fund operated by UTokyo Innovation Platform Co., Ltd. (UTokyo IPC), the venture investment arm of the University of Tokyo (UTokyo), Japan's leading national university, has come to a final closing, with a total of JPY 25.6 billion involving 11 institutional investors. The Accelerating Open Innovation Fund 1 (AOI Fund 1) is an investment limited partnership that [...]
Over the next three decades, Yale will funnel $15 million in funding to early stage projects aimed at fighting climate change. The Climate Impact Innovation Fund, which was announced late last month by University officials, was financed by anonymous donors. It will operate within the Planetary Solutions Project, a University-wide initiative established in December 2020 that aims [...]
Intel today announced a new $1 billion fund to support early-stage startups and established companies building disruptive technologies for the foundry ecosystem. A collaboration between Intel Capital and Intel Foundry Services (IFS), the fund will prioritize investments in capabilities that accelerate foundry customers’ time to market – spanning intellectual property (IP), software tools, innovative chip architectures and advanced packaging [...]
A project to improve the efficiency of our medicines using tiny particles at the University of Warwick has received funding to take it a step closer towards commercialization. 166 researchers funded by the European Research Council (ERC) have won Proof of Concept Grants. Worth €150,000 each, this top-up funding will help them bridge the gap [...]
The Purdue Research Foundation Office of Technology Commercialization recently awarded more than $143,000 to three research-led projects. Each project is being led by researchers from Purdue's College of Agriculture, College of Engineering and College of Veterinary Medicine, according to a press release. The projects are being funded through the Trask Innovation Fund, which supports short-term projects [...]
In 2001, when Phil Ferneau and his partners were launching a venture capital firm focused on New Hampshire startups, they met with several academics at Dartmouth College. Ferneau had been an advocate for converting academic research into viable companies in his role as founding executive director of the Center for Private Equity and Entrepreneurship at [...]