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innovosource is an awareness firm that connects high-tech companies and investors with innovation assets at research institutions and startups through relationship-building and knowledge exchange
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 [...]

8 07, 2021

Miami University-based investment fund adds to portfolio

By |2021-07-08T09:49:51+00:00July 8th, 2021|Student Funds|0 Comments

A Miami University student-led investment fund has added a pair of new startups to its portfolio targeting diversity, equity and inclusion. The Social Impact Fund, one of the only undergraduate-led funds of its kind in the nation, announced investments this week in Cincinnati’s Queen City Certified, which offers employer certification and cohort-model programming for workplace [...]

8 07, 2021

18 VCU researchers receive project funding from the university’s Presidential Research Quest Fund

By |2021-07-08T09:46:35+00:00July 8th, 2021|Uncategorized|0 Comments

Eighteen Virginia Commonwealth University researchers have won support from the Presidential Research Quest Fund this year. Their work seeks to enhance the human experience by responding to societal challenges such as the changing workforce, addiction and sustainable sources of energy. A total of $512,000 will fund research efforts on both the Monroe Park and MCV [...]

8 07, 2021

Brown to fund four biomedical technologies with potential for patient benefit, commercial viability 

By |2021-07-08T09:44:37+00:00July 8th, 2021|Massachusetts, Proof of Concept (POC) Fund|0 Comments

 Four teams of Brown University researchers have been awarded up to $100,000 each to accelerate the translation of their scientific discoveries into commercial products that could benefit patients facing urgent medical challenges. Projects range from treating a rare childhood genetic disease to finding a new way to combat a deadly cancer. In its third annual [...]

1 07, 2021

How University Impact Uses Donor Advised Funds to Innovate and Scale Impact Investing 

By |2021-07-01T10:30:20+00:00July 1st, 2021|Uncategorized|0 Comments

  University Impact (UI) is a nonprofit that invests in companies and nonprofits solving social and environmental problems. Investments are focused on funding the most promising social ventures. UI’s goal is to create the next generation of social impact leaders and provide capital to social ventures solving social and environmental problems. UI does this by [...]

1 07, 2021

UT Boyd Student-Owned Businesses Receive $30,000 in Seed Funds 

By |2021-07-01T10:26:08+00:00July 1st, 2021|Student Funds, Tennessee|0 Comments

Four businesses owned by students at the University of Tennessee, Knoxville, were awarded a total of $30,000 in seed funds in the spring 2021 Boyd Venture Challenge. The Anderson Center for Entrepreneurship and Innovation in the university’s Haslam College of Business hosts the annual grant competition. Start-up companies Arid Delivery Products, the Sleepy Owl Company, BusiCard, and Fluffy Friends [...]

1 07, 2021

Coworking, incubators and accelerators… what’s the difference?

By |2021-07-01T10:25:18+00:00July 1st, 2021|Uncategorized|0 Comments

From working out of a garage to relocating for an industry-specific accelerator program, startups have more options than ever about where to work and how to build their businesses. Among the most popular are coworking spaces, business incubators and accelerators. You might think these terms are interchangeable, or that they are simply buildings or workspaces. [...]

1 07, 2021

ISU Startup Factory announces its tenth cohort

By |2021-07-01T10:24:28+00:00July 1st, 2021|Accelerator/incubator, Iowa|0 Comments

The Iowa State University Startup Factory announced this month its tenth cohort of entrepreneurs entering the Iowa State-based program. The following are the names of the nine participating startups in the tenth cohort. FRUGI BIOTECHNOLOGY Founded by Jared Dopp, Frugi Biotechnology is a paper-based diagnostic that uses synthetic biology to detect pathogens. MACROLEI TECHNOLOGIES Founded by Nacu [...]

1 07, 2021

7 lessons on building an inclusive accelerator via Science Center’s Launch Lane 

By |2021-07-01T10:23:34+00:00July 1st, 2021|Accelerator/incubator|0 Comments

Here are some lessons learned that, despite the COVID-19 pandemic, contributed to their success in building an accelerator that is as effective in scaling startups as it is equitable and inclusive. 1. Anonymous review infuses equity in the selection process. As part of the selection process, applicants submitted a two-page document about their venture, and [...]

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 [...]