13 03, 2019

CIT Gap Funds invests in medtech startup

By |2019-03-13T14:44:41+00:00March 13th, 2019|Venture Capital, Virginia|0 Comments

The Herndon, Va.-based Center for Innovative Technology (CIT)announced that its CIT GAP Funds is investing in Richmond, Va.-based Tympanogen, a medical technology company that develops ear, nose, and throat (ENT) treatment devices based on a proprietary gel patch technology. “We have a great opportunity to take over what many consider to be a neglected market. ENT surgeons want a [...]

7 02, 2019

VCU to invest $7 million in new healthcare innovations

By |2019-02-07T10:29:28+00:00February 7th, 2019|Virginia|0 Comments

RICHMOND, Va. (WRIC) -- Virginia Commonwealth University is launching a $7 million project to support new developments and innovations in health care, President Michael Rao announced Thursday during his State of the University address. VCU will invest $2.5 million dollars each year over the next three years into the "Health Innovation Consortium." The goal is to combine [...]

30 11, 2018

UVa, city, county planning entrepreneurial accelerator

By |2018-11-30T09:47:00+00:00November 30th, 2018|State or Government, Virginia|0 Comments

Localities will match funds from GO Virginia grant, if awarded The University of Virginia, Albemarle County and the city of Charlottesville all have pledged support for a program aimed at accelerating the growth of local startups. David Touve, senior director of the i.Lab at UVa, said the proposed Catalyst Accelerator Program would provide workspace, educational [...]

29 08, 2018

CIT GAP Funds Invests in Embody

By |2018-08-29T16:52:49+00:00August 29th, 2018|State or Government, Virginia|0 Comments

Herndon, Virginia, Aug. 28, 2018 (GLOBE NEWSWIRE) -- The Center for Innovative Technology (CIT) announced today that CIT GAP Funds has invested in Embody, a Norfolk, Virginia based medical device company developing collagen-based products for the treatment of tendon and ligament injuries. The 757 Angels led this investment in Embody's convertible debt round, alongside CIT and individual investors. [...]

17 07, 2018

New U Virginia Program Provides Rapid Seed Funding for Collaborative Research 

By |2018-07-17T08:37:35+00:00July 17th, 2018|Translational Research, Virginia|0 Comments

University of Virginia researchers who are looking for potential collaborators will have a much easier search, thanks to a new program launched today by the Office of the Vice President for Research. Called 3 Cavaliers, or 3C, the program will help faculty members connect and pursue new research with the potential for significant external funding. 3C [...]

28 06, 2018

Trolley Venture Partners raises $4 million to invest in central Virginia startup companies

By |2018-06-28T09:22:19+00:00June 28th, 2018|Venture Capital, Virginia|0 Comments

A new investment fund has been created to provide financial backing for early stage business ventures in central Virginia. Trolley Ventures said it has closed an initial fundraising round with $4 million raised. The partnership plans to immediately start making investments in promising, early stage companies in the region. “There is no shortage of companies [...]

16 05, 2018

The University of Virginia Licensing & Ventures Group Seed Fund Announces Investment in 510 Kardiac Devices, Inc.

By |2018-05-16T19:37:28+00:00May 16th, 2018|Virginia|0 Comments

The University of Virginia Licensing & Ventures Group (LVG) Seed Fund announced today its fourth investment - 510 Kardiac Devices, Inc. (510 Kardiac). 510 Kardiac is an early stage medical device company developing novel technologies for cardiovascular surgical procedures. The investment will accelerate the company’s efforts to obtain FDA approval for the Lim Transseptal [...]

13 02, 2018

[COA Member] University of Virginia group’s seed fund spurring local entrepreneurship 

By |2018-02-13T15:37:33+00:00February 13th, 2018|Startup Fund, Virginia|0 Comments

The University of Virginia has now invested nearly $1 million in the early stages of student and faculty startups, joining the growing number of schools investing in homegrown enterprises. Universities increasingly have investment funds and programs to boost entrepreneurship within and around their campuses. UVa’s Licensing & Ventures Group’s $10 million Seed Fund, launched in [...]

18 01, 2018

[COA Member] University of Virginia Licensing & Ventures Group Seed Fund Announces Three Investments

By |2018-01-18T15:26:09+00:00January 18th, 2018|Startup Fund, Virginia|0 Comments

Since its launch, the UVA LVG Seed Fund has made three investments in companies based on technology developed from UVA research discoveries and licensed from the UVA Licensing & Ventures Group (LVG). Also, the Fund has launched and expanded a directive study course now in its second semester at UVA’s Darden School of Business and [...]

26 09, 2017

UVa alum’s green innovation brings micro-farm to the table 

By |2017-09-26T13:44:05+00:00September 26th, 2017|Student Funds, Virginia|0 Comments

Student dining at the University of Virginia has begun chopping some of its greens and herbs from an unlikely source — trays of ultraviolet-lit plants set up in Clark, Newcomb and Observatory Hill halls. The innovative hydroponics system is the brainchild of UVa alum Alexander Olesen, who founded Babylon Micro-Farms last year. Olesen is now [...]