30 11, 2018

Ben Franklin Tech Partners names latest funding recipients

By |2018-11-30T09:46:02+00:00November 30th, 2018|Pennsylvania, Venture Capital|0 Comments

Ben Franklin Technology Partners of Northeastern Pennsylvania said its board of directors approved the investment of $486,250 in support of regional economic development for both established manufacturers and early-stage technology firms. Ben Franklin is a nonprofit based at TechVentures at Lehigh University’s Mountaintop campus in Bethlehem. The organization helps startups find funding, establish incubator space, [...]

12 11, 2018

Penn cell therapy spinoff Cabaletta Bio of Radnor raises $38 million 

By |2018-11-12T10:18:03+00:00November 12th, 2018|New Investments/Awards, Pennsylvania|0 Comments

Cabaletta Bio Inc., a biopharmaceutical startup spun out of the University of Pennsylvania, has raised $38 million in an equity financing and signed an exclusive license agreement with Penn related to T cell therapy. In addition, the Radnor-based company has entered into two multiyear sponsored research agreements with Penn for the discovery and development of [...]

12 11, 2018

PPL Foundation supports Penn State Schuylkill’s LionLaunch innovation hub

By |2018-11-12T10:10:23+00:00November 12th, 2018|Gap support programs, Pennsylvania|0 Comments

The PPL Foundation has selected Penn State Schuylkill’s LionLaunch program, part of President Eric J. Barron’s Commonwealth-wide Invent Penn State entrepreneurship initiative, for funding. The sustaining grant proposal submitted by campus personnel was awarded funding in the amount of $2,500. Established in May 2016, LionLaunch is a community-based entrepreneurship program that provides funding and mentorship [...]

12 10, 2018

Keiretsu founder plans to push Philly angels for a new start-up pitch event

By |2018-10-12T09:59:19+00:00October 12th, 2018|Angel, Pennsylvania|0 Comments

In Philadelphia, where finding a start-up investor is as tough as finding a Cowboys fan — or at least one who will admit it openly — the Angel Capital Expo could be considered an entrepreneur's dream come true. The annual event by Keiretsu Forum Mid-Atlantic brings together the private-equity community with entrepreneurs looking for funding — [...]

25 09, 2018

Penn State’s Lab Bench to Commercialization 2018–19 grant recipients announced 

By |2018-09-25T10:46:14+00:00September 25th, 2018|Pennsylvania, Translational Research|0 Comments

With support from Invent Penn State, the Penn State Research Foundation, and the University's Fund for Innovation, the competitive Lab Bench to Commercialization (LB2C) program provides funding for researchers in the Eberly College of Science — enabling them to enhance the commercial potential of ongoing research and prepare them to translate their intellectual property [...]

11 09, 2018

Twelve Academic Technologies Selected for Science Center Proof-of-Concept Program

By |2018-09-11T08:15:27+00:00September 11th, 2018|New Investments/Awards, Pennsylvania, Proof of Concept (POC) Fund, State or Government|0 Comments

Twelve promising technologies developed at nine academic institutions across the tristate region have been selected as finalists for the University City Science Center's QED Program. QED is designed to bridge the gap between academic research and product commercialization. Researchers from the Children's Hospital of Philadelphia; Harrisburg University of Science and Technology; New Jersey Institute of Technology; Penn State College [...]

3 08, 2018

Pitt Marks Another Record-breaking Year in Innovation 

By |2018-08-03T08:56:36+00:00August 3rd, 2018|Pennsylvania|0 Comments

A disposable surgical retractor system that decreases time in the operating room. An antidote for carbon monoxide poisoning that removes potentially deadly CO from the blood more effectively than current hyperbaric treatment. An augmented-reality patient simulator that enables health care trainees to practice and perfect clinical skills safely and on-demand. These and 20 other innovative and impactful discoveries — all developed [...]

17 07, 2018

Pitt professors pursue new projects with Pitt Seed grants 

By |2018-07-17T08:40:05+00:00July 17th, 2018|Pennsylvania, Proof of Concept (POC) Fund|0 Comments

Pitt is investing in change this summer, beginning with projects from professors at the University. The first-ever Pitt Seed Project awarded a total of more than $1 million to 23 programs designed to play an instrumental role in transforming the University. The grants will fund a wide range of faculty-proposed studies, community partnerships and workshops, [...]

24 05, 2018

Pitt startup working to treat carbon monoxide poisoning raises $5 million 

By |2018-05-24T13:16:03+00:00May 24th, 2018|Pennsylvania|0 Comments

A year-old University of Pittsburgh startup company has raised $5 million in Series A funding as it develops an antidote for carbon monoxide poisoning. Tus Science & Technology Service Group of China led the funding round for Globin Solutions Inc. with participation from UPMC Enterprises, the commercialization arm of the Downtown-based hospital and health insurance [...]

10 05, 2018

Penn State-Monash collaboration progresses, seeks proposals for seed funding

By |2018-05-10T15:37:03+00:00May 10th, 2018|Australia, Pennsylvania|0 Comments

The Monash-Penn State partnership began in the early 1990s and has since evolved to an institutional level. The collaboration now includes strategic work on common areas of research to better leverage the capabilities of both universities. “Penn State and Monash have committed to a strategic partnership focusing on teaching, research and service, using the complementary [...]