Silicon Valley VC Menlo Ventures has closed a new $450 million fund to invest primarily in early-stage “consumer, enterprise and frontier technologies”. The funding brings the firm’s total capital to more than $5 billion under management, while Menlo Ventures says the fund was oversubscribed with both new and existing limited […]
Honeywell (NYSE: HON) today announced the launch of a new investment fund that will invest in early-stage, high-growth technology companies that are strategically aligned to the Company’s portfolio and software capabilities. The initial fund size is expected to be approximately $100 million and investments […]
Advent France Biotechnology, founded in 2015, has exceeded its initial fundraising target at the first closing. Its Seed-Fund I now counts with €64.75M that will be invested predominantly in France. The funds will back entrepreneurs and early-stage companies with the potential to develop first- or best-in-class innovations that address unmet medical needs.
Advent France has declared that […]
A fund and accelerator for advanced technology startups, The Engine, closed its debut fund at a robust $150 million this week, according to its president, CEO and managing partner, Katie Rae. Last year, TechCrunch reported that MIT was investing $25 million into The Engine, becoming the anchor LP for the fund.
The board of Hackensack Meridian Health has approved a $25 million capital fund so the state’s second-largest health system can dive into the world of innovation and incubators, NJBIZ has learned.
Hackensack Meridian officials said the effort is viewed as a new revenue stream as well as a way to elevate the organization onto […]
U Nevada faculty advises Ozmen Ventures in launching a $5 million fund to spark local entrepreneurial ecosystem
Ozmen Ventures has announced its launch as one of the first early-stage investment funds in northern Nevada. Founded by Eren and Fatih Ozmen, owners of Sparks-based Sierra Nevada Corporation (SNC), a global aerospace and defense company, the fund aims to invest in young and dynamic local startups and cultivate the […]
Grinnell College announced on Jan. 26 the projects selected for funding by the Innovation Fund. The nine chosen projects cover a range of areas with a particular emphasis on digital technology and addressing issues of diversity. Now in its fifth year, the Innovation Fund was created for faculty, staff and students to test […]
The new $20-million Colleges Applied Research and Development Fund (CARDF) announced by Premier Kathleen Wynne will promote new economic growth, the Ontario Centres of Excellence and Colleges Ontario said today.
“College-based applied research projects continue to develop innovations that help businesses throughout the province grow and create new, high-quality jobs,” said Linda Franklin, […]
The University of Akron Research Foundation is unveiling a new program called the Spark Fund to help develop new innovations and technologies among graduate students and faculty.The program, which aims to foster innovations leading to university start-ups, will pay to prototype and test five to seven innovations in 2017, thanks to matching funding from the Ohio […]
Pitango Venture Capital, one of the most active VCs in the Israeli startup scene, has announced its seventh fund, Pitango Venture Capital 7. The fund will have $175 million under management, and invest from seed upwards. The new fund focuses on IT and life science investments, specializing in enterprise infrastructure, IoT, artificial intelligence […]