Menlo Ventures raises new $450M fund to back early consumer, enterprise and ‘frontier technologies’

By | May 22nd, 2017|New Fund Announcement, Venture Capital|

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 Launches New Venture Investment Fund Focused On Early-Stage, High-Growth Companies

By | May 18th, 2017|Corporate-collaboration, New Fund Announcement, Venture Capital|

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 […]

New French Biotech Seed Fund Raises €65M-to support university innovation

By | April 24th, 2017|France, New Fund Announcement, Venture Capital|

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 $150 million fund, The Engine, will back startups others find ‘too hard’ | TechCrunch

By | April 12th, 2017|Massachusetts, New Fund Announcement, Seed Fund, Venture Capital|

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.

While […]

NJBIZ Exclusive: Hackensack Meridian entering innovation and incubator space with $25M fund

By | March 22nd, 2017|Hospitals, New Fund Announcement, New Jersey|

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

By | February 27th, 2017|Community/Small College, Nevada, New Fund Announcement, Venture Capital|

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 Innovation fund announces chosen projects

By | February 6th, 2017|Iowa, New Fund Announcement|

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 […]

$20-Million Fund Will Support Innovation at Ontario’s Colleges

By | January 25th, 2017|Canada, New Fund Announcement, State or Government Supported|

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, […]

University of Akron unveils $500K Spark Fund program to fund student, faculty innovations

By | January 9th, 2017|New Fund Announcement, Ohio, Student Funds|

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 […]

Israeli VC Pitango launches its 7th early-stage fund of $175M | TechCrunch

By | December 14th, 2016|Israel, New Fund Announcement, Seed Fund, Venture Capital|

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 […]