Tag: entrepreneurs
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Nanotech Window Glass Developer Lands $55M in Venture Funds
Soladigm, a developer of energy-efficient office building window glass in Milpitas, California, secured $55 million in series D venture funding, the fourth financing cycle after initial start-up. The funding round, led by Reinet Investments and NanoDimension, join current investors DBL Investors, GE, Khosla Ventures, Navitas Capital, Sigma Partners, and The Westly Group. Soladigm’s lead product,…
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Carnegie Mellon Spin-Off Gets Transportation SBIR Funding
A company formed by developers of a smartphone program that tracks real-time bus or light rail locations and seating has received a Small Business Innovation Research (SBIR) grant to commercialize the app. Tiramisu Transit LLC, a spin-off company formed by researchers at Carnegie Mellon University in Pittsburgh, received the $102,000 award from the U.S. Department…
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Venture Fund to Invest $442M in Europe, U.S. Start-Ups
The venture capital company Index Ventures, based in London, unveiled a €350 million ($442 million) fund to invest largely in start-up technology companies. The company expects to focus its new investments on European enterprises, but include start-ups in the U.S. and Israel as well. Index Ventures plans to concentrate on seed and early-stage investments in…
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MassVentures Starts New $5 Million Early-Stage Fund
MassVentures, Massachusetts’s venture capital agency, unveiled a new $5 million fund for early stage technology companies. The organization had been known, up to yesterday, as the Massachusetts Technology Development Corporation. The new MassVentures financing will be managed through the Massachusetts Emerging Technology Fund of MassDevelopment, a state economic development agency. The Emerging Technology Fund makes…
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Blood Disease Start-Up Lands $40.7M in Venture Funding
Global Blood Therapeutics Inc., a biotechnology company in San Francisco launched today with $40.7 million in funding from venture capital company Third Rock Ventures. The company plans to develop small molecule drugs to treat genetic blood disorders, such as sickle cell disease. The company’s founders include three biomedical researchers from University of California in San…
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Georgia Tech/Emory Spin-Off Gains SBIR Funding
A spin-off company founded by faculty at the biomedical engineering department shared by Georgia Tech and Emory University in Atlanta has received a small-business grant for its technology that protects the delivery of cell-based therapies, such as stem cells. SpherIngenics Inc., also in Atlanta, was awarded the two-year $730,000 Small Business Innovation Research (SBIR) funding…
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Biomarker Diagnostics Company Gains $40M in Venture Funding
Astute Medical Inc. in San Diego, a developer of biomarker-based medical diagnostics, says it completed $40.4 million in series C venture financing, the third cycle of funding after initial start-up. The funding round was led by MPM Capital and included new investor Kaiser Permanente Ventures, as well as existing investors De Novo Ventures, Delphi Ventures,…
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IVF Assessment Company Lands $18M in Venture Capital
Auxogyn Inc., in Menlo Park, California, a developer of viability tests of embryos during in vitro fertilization (IVF) procedures, has raised $18 million in series B venture funds, the second round of financing after initial start-up. The financing was led by new investor SR One — the corporate venture capital arm of GlaxoSmithKline — and…
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Company, University Lab Design Thermal Solar Collector
An engineering company in Madrid, Spain, working with a research group at Universidad Carlos III de Madrid (UC3M), has designed a new central receiver for a solar thermal energy plant recently installed in Spain. Sun to Market is an engineering and IT services company in the solar energy sector that collaborated with UC3M’s Energy Systems…
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National Lab, Investment Fund to Support Battery Companies
Lawrence Berkeley National Laboratory and CalCEF, a not-for-profit group in San Francisco supporting clean energy technologies, unveiled a program called CalCharge to help new energy storage companies. CalCEF has two divisions, the California Clean Energy Fund and CalCEF Innovations that designs business models, financial products, and public policies to foster clean energy. CalCharge aims to…