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University Gap Funding and Accelerator Community News

807, 2021

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

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 [...]

807, 2021

Miami University-based investment fund adds to portfolio

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 [...]

107, 2021

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

  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 [...]

107, 2021

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

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 [...]

107, 2021

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

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 [...]

107, 2021

ISU Startup Factory announces its tenth cohort

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. [...]

107, 2021

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

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 [...]

107, 2021

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

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 [...]

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