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1809, 2018

Cigna Venture Fund for Healthcare Startup Growth

Bloomfield health insurer Cigna announced Wednesday it has committed $250 million to a corporate venture fund meant to spur healthcare startup growth. Named Cigna Ventures, the fund is aimed at investing in new, innovative healthcare companies focused on improving care quality, affordability, choice and more. Cigna said it will use the venture [...]

1809, 2018

Lockheed venture arm spreads its wings overseas 

Lockheed Martin’s venture capital arm focused on emerging technologies has made its first investment outside the United States in Main Sequence Ventures, itself another emerging technology investment fund that is just a year old. Australia-based Main Sequence Ventures said Wednesday it closed an almost $232 million fund with Lockheed Martin [...]

1309, 2018

SMU venture fund invests in travel company 

Associates with the Saint Mary’s University Venture-Grade fund made their first investment on Tuesday, and they’re just getting started. “Students don’t just learn on paper,” says John Yu, 23. “Students learn by doing.” Yu, along with others taking part in the university’s student-raised venture capital investment, gathered at Volta Labs’ [...]

1309, 2018

VC fund for food-tech in Israel signs Cornell partnership 

Medstrada, a new venture capital fund focused exclusively on food technology, was opened in Tel Aviv by former senior Pitango Venture Capital life sciences partner Ruti Alon. UNCOVER ISRAEL - Get the ISRAEL21c Weekly Edition free by email Sign Up Now! The fund is still raising capital but has announced [...]

1209, 2018

New £400,000 program to support data-driven biomedical start-ups

Innovate UK is investing £400,000 to launch KQ Labs, an accelerator programme at the Francis Crick Institute to support start-ups working at the interface between biomedical and data science. The programme will be run by the Crick with Innovate UK funding, taking advantage of the Crick's excellence in biomedical science [...]

1209, 2018

Cambridge Innovation Capital leads AudioTelligence’s seed funding

Cambridge Innovation Capital plc (CIC), a Cambridge-based builder of technology and healthcare companies, has led a £3.1 million seed funding round into AudioTelligence Limited, a company delivering real-time audio processing technology for the enhancement of Automatic Speech Recognition (ASR) systems. Cambridge Enterprise, the commercialisation arm of the University of Cambridge, [...]

1109, 2018

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

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 [...]

609, 2018

UNM tech spinoff attracts $1.5M investment, backed by the State’s Catalyst Fund

A new cell screening and analysis technology that accelerates tissue-processing rates by up to 100-fold is nearing market, boosted by a $1.5 million venture investment in local startup BennuBio. The company is commercializing a University of New Mexico breakthrough in flow-through cytometers, or cell meters, which are used to rapidly [...]

609, 2018

Cambridge faculty launch £100m science & technology fund with more cash to come

A $10 million investment in genetics business Cambridge Epigenetix has christened a sensational new $100m fund founded by an octet of Cambridge Dontrepreneurs – university scientists backing world-leading pioneers in technologies ranging from Artificial Intelligence to brain research and genetics. Cambridge Epigenetix was founded by Sir Shankar Balasubramanian, one of [...]

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