Gap funding, or funding for time periods during a capital shortage for new technological businesses, is often provided by research universities partnering with investors, corporations, or even the government. Occasionally, these universities independently provide funds to new technological businesses in order to advance development. There are three main stages at which gap funding may […]
A new £300 million U.K. fund has been set up to support high tech startups looking to spin out of the University of Oxford. The fund is being raised by Oxford Sciences Innovation (OSI), a newly formed company that is working in partnership with Oxford University and its commercialization arm, Isis Innovation.
The two entities will work to establish new IP-driven businesses […]
The University of Edinburgh has approved a £6million recapitalisation of its in-house venture capital fund Old College Capital (OCC), which provides growth and development finance into companies associated with the university.
The fund, established in 2011 with support from the university and its endowment, works in partnership with investors interested in businesses with high growth potential.
The John S. and James L. Knight Foundation recently announced funding for 20 new projects through its Knight Prototype Fund, which helps media makers, technologists, and tinkerers alike take ideas from concept to demo. Innovators are given $35,000 grants–and six months–to research, test, and iterate before building out a complete project.
Launched in 2012, the Prototype […]
More than a year after striking out on their own, the founders of Aspect Ventures are preparing a formal introduction of a sizable fund.
The firm plans to announce on Thursday that it has raised about $150 million for its first investment fund, a large sum for a two-founder venture capital firm.
Perhaps just as notably, it […]
When it comes to his 21st Century Cures initiative, House Energy and Commerce Committee Chairman Fred Upton has an aggressive timeline in mind, starting with a subcommittee markup Thursday and ending with a bill on the desk of the president by the end of the year.
The Senate, being the Senate, isn’t moving as quickly.
The legislation, […]
Mutual fund giants aren’t just interested in putting money to work in publicly traded companies. Increasingly, they also want to own a piece of red-hot start-ups.
Tech news site Re/code reported that Fidelity Investments is now in talks to buy a stake in meal-delivery start-up Blue Apron at a valuation of about $2 billion. But Fidelity […]
Gov. Nathan Deal vetoed 11 bills Tuesday, including long-sought legislation to put seed capital into a state-run venture capital fund.A bill the General Assembly passed on the final day of this year’s legislative session authorized Invest Georgia, a VC fund created two years ago but not funded, to sell up to $55 million in insurance […]
A Rochester-based venture capital firm has been tapped to manage a new $2 million investment fund launched by the state to provide seed funding to certified minority- and women-owned business enterprises.
Gov. Andrew Cuomo announced Friday the MWBE Investment Fund will be managed by Excell Partners Inc.
“The launch of this first-of-its-kind investment fund will help further […]
The Ontario Health Innovation Council (OHIC) was established by the Ontario government in November 2013. It included experts from the health care, research, industry, and not-for-profit sectors who looked at ways to accelerate the adoption of new technologies in the health care system and support the growth and competitiveness of Ontario’s health technology sector.
The council […]