Interest: But standing before Germany’s newly minted entrepreneurs is a series of hurdles that have so far kept them from getting bigger and changing the world. The last German tech start-up to become a global star is SAP—founded in 1972.
Interest: Google has acquired Flutter, a San Francisco-based company founded by two persons of Indian origin — Navneet Dalal and Mehul Nariyawala. Three-and-a-half-year-old Flutter’s Mac app uses hand gestures to detect movements using the built-in webcam in machines to control YouTube, Netflix, iTunes and Spotify.
Interest: Over lunch on Monday at a sushi restaurant in downtown Boulder, Colorado, venture capitalists at early stage investment fund Foundry Group decided to act on an initiative that aims to admit more than the usual foundations and university endowments to the VC clubhouse.
Interest: Arizona State University announced Mayo Clinic will join the Arizona Furnace and will amp up access to healthcare technology in the state’s unique startup accelerator. The accelerator supports startups in the physical and life sciences.
Interest: The University of Pennsylvania has announced a new competition called, “AppitUP,” that will help students, faculty members, and employees bring their mobile application ideas to life by connecting participants with the software development companies and funding opportunities.
Interest: “Of the $2.6 billion of cleantech venture capital investment in 2012 in California, $1.45 billion included corporate investors,” according to Cleantech Investment: A Decade of California’s Evolving Portfolio, a survey of California greentech investing between 2003 and 2013 from Next 10, an independent California greentech advocate. That corporate portion was 56 percent of 2012 VC investment.
Interest: RidePal, a provider of convenient, comfortable, Wi-Fi-enabled bus rides for corporate employees today announced a $3.2m Series A financing round led by Claremont Creek Ventures and Volvo Group Venture Capital.
Interest: Business ventures with research-and-development ties to the University of Virginia have created more than 850 jobs and pumped millions of dollars into the regional and state economies, according to a new report by U.Va. Innovation.
Interest: The University of Houston has waded into the venture capital market.
Administrators have launched the new Cougar Venture Fund this fall as part of its entrepreneurship curriculum for graduate business students.
Interest: By the end of the month, the University of New Mexico should know if it can proceed with buying the Aperture Center at Mesa del Sol and the First Baptist Church building Downtown to start its Innovate ABQ incubator.
The school hopes to get word soon on a $1.5 million federal Economic Development Administration grant that would make the new Innovate ABQ incubator a reality.
Interest: If you read startup funding announcements on tech blogs frequently, you’ve may have noticed that these startup founders have often attended prestigious universities. Founders who have graduated from Ivy League schools, such as Harvard, Yale and Princeton, unsurprisingly raise millions for their startups. Of course, top tier tech schools such as Stanford, MIT, and Carnegie Mellon foster a strong technical and entrepreneurial background: attributes which venture capitalists seek when investing in
Interest: Starting Monday, the SEC’s ban on general solicitation is no longer in place, allowing startups to publicly seek out investments.
The lifting of the 80-year-old ban is part of the Jumpstart Our Business Startups Act, also known as the JOBS Act, which was signed into law by President Obama in April 2012.
Interest: Dell Inc. is revving up Dell Ventures now that founder and Chief Executive Michael Dell has finally won his battle to take his company private. Dell quietly resurrected the corporate venture arm–which it had wound down after the dot-com bust–in 2011, hiring Jim Lussier from Norwest Venture Partners as managing director, and Ingrid Vanderveldt, a former CNBC host and serial entrepreneur, as entrepreneur in residence.
Interest: BioDigital, a 17-person startup based in New York City, offers a similar view of the human body in a 3D model it calls the BioDigital Human. It just received a $4 million Series A round of funding led by venture capital firm FirstMark Capital, with participation from the NYU Innovation Venture Fund at New York University and a group of angel investors. NYU has helped the company pilot the technology at its medical school.
Interest: Chevron Technology Ventures LLC (CTV) announced today that is has launched CTV Fund V, a $90 million venture capital fund to invest in early- to mid-stage companies and in limited partnership funds. Investments from CTV Fund V will focus on companies developing emerging technologies that have the potential to improve Chevron's oil and gas base business performance or create new opportunities for growth.
Interest: The U.S. Securities and Exchange Commission is moving to propose rules that would allow companies to raise money through equity crowd-funding and more lightly regulated offerings, Chairman Mary Jo White said.
Interest: On Monday, the Jumpstart Our Business Startups Act, also known more simply as the JOBS Act, became law throughout the United States. This piece of legislation ends the 80-year-old ban of general solicitation, meaning that entrepreneurs can raise investment funding publicly.
Interest: Today, a massive change in investment financing goes live. Title II of the JOBS Act, designed to open up more investment capabilities and stimulate the new startup economy, is now in effect. It kills an 80-year ban on telling people that you are raising money.
And an even bigger change allowing ordinary people — read, those who aren’t millionaires — to invest is coming soon.
Interest: When the genomics revolution was transforming the pharmaceutical industry, Eli Lilly realized that its survival might hinge on its ability to catch up with this disruption. So in 2001 the company launched a corporate venture-capital fund in order to engage with cutting-edge biotech firms when they were just start-ups.
A very practical step-by-step, four-hour online "How-To" workshop over two evenings to help researchers, faculty members, graduate students, post-docs and entrepreneurs create a SBIR company and apply to the National Science Foundation's SBIR program in 2013. This workshop includes a post-course review of the applicant's proposed SBIR application by our experts before submission to NSF.