Start Singapore: Fund to provide seed money

By | June 23rd, 2016|Singapore, Venture Capital|

A fintech fund called Dymon Asia Ventures has been set up to invest in areas such as asset management, remittances and foreign exchange.The fund will provide seed finance and growth capital for business expansion. Dymon did not disclose its fund size or the potential investment in each start-up. The norm for investment community is to […]

U Oregon tech startup firm plans to grow with $1 million infusion

By | June 21st, 2016|New Investments/Awards, Oregon, Venture Capital|

A Eugene startup that has invented technology used in drug discovery and environmental testing recently raised $1 million in an investment round to help support its growth.

NemaMetrix, a spin-out of University of Oregon research, has developed a portable device that can be used to quickly test the effects of drugs or environmental toxins […]

State-backed German startup investment vehicle plans new €300M fund

By | June 21st, 2016|Germany, State or Government|

High-Tech Gründerfonds (HTGF), a seed investor backed by the German government, has revealed plans to raise €300 million ($341 million) for its third fund. The money is intended to enable HTGF to continue the startup-backing remit that has already seen it help 440 companies get off the ground.

Life sciences is one of several fields targeted […]

Neil Woodford plugs £11.6m into start-up investor Imperial Innovations

By | June 21st, 2016|UK/England|

Neil Woodford has added £11.6m to his stake in Imperial Innovations, a technology company that invests in start-ups ranging from payment apps to new drug treatments, underlining the respected fund manager’s confidence in British science research.

The purchase boosts Woodford Investment Management’s existing 19.9pc holding in Imperial by nearly 2pc, and comes after the technology company placed £100m of new […]

Maryland State university system plans to create $25 million investment fund for start-ups

By | June 21st, 2016|Uncategorized|

The University System of Maryland plans to establish a $25 million fund to invest in startup companies created by students, faculty and recent graduates.

The system, which includes 12 of the state’s public institutions, would invest $10 million in the Early Stage Investment Fund over four years. Another $15 million would […]

9 companies join Portland Seed Fund portfolio 

By | June 21st, 2016|New Investments/Awards, Oregon, State or Government|

The eighth class of the Portland Seed Fund will take the stage Wednesday afternoon before 100 investors in downtown Portland, completing the latest cycle of the accelerator.

This class of companies ranges from health care technology to food to sharing platforms. There are also three startups outside of the fund’s traditional Portland […]

Five startups split $70K from Winston-Salem venture fund, with chance at $250K

By | June 21st, 2016|Competition, New Investments/Awards, South Carolina|

Five startups from a pool of 235 were selected to share in $70,000 in upfront funding as part of the 2016 fund of Winston-Salem-based New Ventures Investment Club.

Each of the five will now participate in the New Ventures Startup Accelerator program based at Flywheel Cowork in Wake Forest Innovation Quarter, with the opportunity […]

Sacramento’s Innovation Fund Will Invest in Local Start-ups

By | June 7th, 2016|California, State or Government|

The city of Sacramento will invest in local companies and start a grant program as part of a multimillion-dollar plan to bolster the community’s innovation economy, Mayor Kevin Johnson said Saturday morning.

The city is going to invest $1 million in local companies this year, Johnson said. Selections will come from proposals submitted to a new […]

KAUST-based Startup NOMADD Closes $1M Investment Round with KAUST Innovation Fund

By | June 7th, 2016|Saudi Arabia|

KAUST-based startup NOMADD (NO-water Mechanical Automated Dusting Device) recently closed a Series A funding round from the KAUST (King Abdullah University of Science and Technology) Innovation Fund totaling USD 1,000,000. NOMADD is a smart and ecological desert solar panel cleaning system developed at KAUST by Georg Eitelhuber, NOMADD’s founder and current chief technology officer.

NOMADD […]

Melbourne and Monash universities partner in new $80 million biomed fund

By | June 3rd, 2016|Australia|

Melbourne and Monash universities have joined forces to create a fund worth up to $80 million to support early-stage biomedical research and bridge the commercialisation funding gap, with the help of the Victorian government.

The initiative is a first for Australia and represents the increasing appetite from higher education institutions to spin out successful start-ups.

The Victorian […]