8 01, 2019

CT-backed bioscience accelerator picks 2nd cohort

By |2019-01-08T08:35:27+00:00January 8th, 2019|Accelerator/incubator, Connecticut|0 Comments

A fledgling, state-backed bioscience accelerator on the Connecticut shoreline said it has selected a UConn Health educator's new venture and 11 other startups to participate in its second annual program. The Accelerator for Biosciences in Connecticut, or ABCT, a Branford-based program spearheaded by Design Technologies LLC, aims to support Connecticut's aim of being a bioscience [...]

17 04, 2018

Connecticut Innovations hopes its record 2017 returns woo more venture investment

By |2018-04-17T14:25:05+00:00April 17th, 2018|Connecticut, Venture Capital|0 Comments

Like a gambler confident in his long-term strategy, Connecticut Innovations doesn't sweat a bad bet. Losing — as much as $5 million on a single company in one instance — is part of the venture capital investment game. It's a process that can feel like a slog, particularly in the seven- to 15-year investment cycles [...]

26 01, 2018

Princeton’s IP Accelerator Fund supports six innovations with potential for societal impact

By |2018-01-26T14:26:36+00:00January 26th, 2018|Accelerator/incubator, Connecticut, Proof of Concept (POC) Fund|0 Comments

Six research-stage technologies with promise to benefit society as future products or services have been selected to receive funding through Princeton University’s Intellectual Property Accelerator Fund. The selected technologies range from ones aimed at treating human disease to ones that improve our access to information, cool buildings using less energy, and improve the safety and efficiency [...]

12 01, 2018

UConn Technology Incubation Program Companies Raise $60M In 2017

By |2018-01-12T15:44:18+00:00January 12th, 2018|Accelerator/incubator, Connecticut|0 Comments

The University of Connecticut, today announced another year of record growth for companies located in the university’s Technology Incubation Program (TIP). In 2017, TIP startups attracted a record $60 million in equity, debt, grant, and revenue funding to accelerate the growth of their operations. This is over $15 million more than the previous record set [...]

18 10, 2017

UConn Spinout Wins CT Bioscience Innovation Fund Investment Award For Retinal Implant

By |2017-10-18T13:08:15+00:00October 18th, 2017|Connecticut, State or Government|0 Comments

LambdaVision, the UConn spinout, today announced that it was awarded $500,000 in Series A Equity from Connecticut Innovations, the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, through the Connecticut Bioscience Innovation Fund (CBIF). Led by Co-Founder and CEO, Nicole Wagner, PhD, LambdaVision is developing a retinal implant to cure vision [...]

11 09, 2017

Yale launches student innovation center

By |2017-09-11T12:53:26+00:00September 11th, 2017|Connecticut, Student Funds|0 Comments

This week, the University announced the launch of the Tsai Center for Innovative Thinking at Yale. The center, which was funded by an undisclosed major donation from Joseph Tsai ’86 LAW ’90 through the Joe & Clara Tsai Foundation, will succeed the existing Yale Entrepreneurial Institute as the nucleus of entrepreneurship on campus. In a [...]

26 07, 2017

ReNetX Bio Launched to Advance Innovative Neuro-Regenerative Technology Developed at Yale University

By |2017-07-26T12:26:17+00:00July 26th, 2017|Connecticut, New Investments/Awards, Venture Capital|0 Comments

ReNetX Bio, a company developing first-in-class therapeutics to treat injury to the central nervous system, today announced its launch as a new company with the appointment of Erika Smith as Chief Executive Officer. The company also announced the initiation of a Series A financing round to fund its first clinical trial of its lead therapeutic [...]

30 11, 2016

State Investing to Make Connecticut More Attractive to Tech Startups

By |2016-11-30T06:34:59+00:00November 30th, 2016|Connecticut, State or Government|0 Comments

ROCKY HILL _ The state's venture capital fund, prodded by investors suggesting a new direction, is scouting for high-tech funds where it can invest public money to broaden its network of technology-based startups. Connecticut Innovations, which invests in startup bioscience, medical equipment and other high-tech companies, is responding to entrepreneurs, investors and others urging a [...]

19 08, 2016

Blavatnik Family Foundation provides $10 million for innovation in the life sciences at Yale University

By |2016-08-19T08:50:42+00:00August 19th, 2016|Connecticut, Foundation-support|0 Comments

Yale University has received a $10 million grant from the Blavatnik Family Foundation, headed by American industrialist and philanthropist Len Blavatnik, to advance entrepreneurship in the life sciences at Yale and to expedite the development, application, and commercialization of breakthrough research. The multi-year grant will support the Blavatnik Fund for Innovation at Yale, designed to [...]

18 08, 2016

New UConn Innovation Fund Provides Business Startups with Important Early-Stage Financial Support

By |2016-08-18T08:43:24+00:00August 18th, 2016|Connecticut|0 Comments

  The University of Connecticut in partnership with Connecticut Innovations (CI) and Webster Bank today announced it is establishing a $1.5 million UConn Innovation Fund that will provide early-stage financial support to new business startups affiliated with UConn. Investments of up to $100,000 are available to any student, faculty member, or alumnus of the university [...]