Fueling the Future
Founder Interviews: Part 1 2023 Vogt Awards Cohort
Dear Readers, I recently had the great pleasure to have discussions with the founders of the 2023 Community Foundation of Louisville’s Vogt awards cohort. Each year, up to six early-stage…
Read MoreBiohm raises $7.5M in equity financing | Indy conversational AI co. announces funding
Biohm raises $7.5M in equity financing CLEVELAND, OH–Microbiome company Biohm raised $65 million in equity financing, which the company intends to use to fast-track the growth of its AI technology. The round…
Read MoreMonogram Health closes on milestone $375M round | Idea Fund Partners doubles its funding target
Monogram Health closes on milestone $375M round NASHVILLE, TN–Three-year-old kidney disease management startup Monogram Health has closed on a milestone $375 million round of funding. Monogram works with health insurance…
Read MoreFrom university spinout to $93M company | University of Minnesota partners on VC businesses
University of Minnesota partners on growing businesses MINNEAPOLIS, MN–The University of Minnesota is partnering with the State of Minnesota to inject $34.5 million into Minnesota’s early-stage, venture-backed businesses — a…
Read MoreRedefining fashion in the metaverse | Frist Cressey Ventures raises $26.98M
Redefining fashion in the metaverse WAKE FOREST, NC–A North Carolina startup has raised $6 million to redefine fashion—in the metaverse. Digital-first fashion band House of Blueberry deals in the metaverse…
Read MoreLife sciences incubator will receive $1M grant | University of Memphis’ 2022 research proposals
Life sciences incubator will receive $1M grant PITTSBURGH, PA–LifeX, a life sciences incubator established by the University of Pittsburgh, will receive a $1 million grant from the Angel Investment Venture…
Read MoreHistoSonics raises $85M | Gener8tor supports Flyover Country startups
HistoSonics raises $85M MINNEAPOLIS, MN–HistoSonics, Inc, the developer of a non-invasive, novel sonic beam therapy, announced that it has raised $85 million in a financing led by Johnson & Johnson…
Read MoreUniversity of Michigan startup raises $85 million | ISU gets record gift
University of Michigan startup raises $85 million ANN ARBOR, MI–HistoSonics, a medical startup spun out of the University of Michigan, has raised $85 million in financing. The company was formed…
Read MoreOpendorse raises $20M | JPMorgan Chase to support minority founder accelerator
Opendorse raises $20M LINCOLN, NE–Opendorse is an athlete marketplace and NIL technology company that serves the full lifecycle of supporting athletes, such as educating, assessing, planning, sharing, creating, measuring, tracking,…
Read More‘Smart concrete’ | Recycling the unrecyclable
‘Smart concrete’ WEST LAFAYETTE, IN–Luna Lu, the ACPA professor of Civil Engineering in Purdue’s Lyles School of Civil Engineering, has with her team developed “smart concrete.” This concrete contains sensors…
Read MoreDriving investment to tech critical to U.S. national security & more
Driving investment to tech critical to U.S. national security NATIONAL–the U.S. Small Business Administration (SBA) and the U.S. Department of Defense (DoD) announced a new joint effort to establish the…
Read MoreNext-gen smart manufacturing | Using AI to support donated kidney matchmaking
Preparing the next-generation smart manufacturing workforce WEST LAFAYETTE, IN–Global professional services company Accenture and Purdue University have agreed on a five-year commitment that will help prepare a next-generation smart manufacturing…
Read MoreGI Therapeutics raises $50m | Robots for salespeople
Oncology company GI Therapeutics raises $50m RESEARCH TRIANGLE PARK, NC–Oncology company G1 Therapeutics announced the closing of an underwritten public offering of 7.7 million shares of its common stock at…
Read MoreGrant money to fund Pittsburgh biotech research | Commercializing faculty innovations
Grant money to fund Pittsburgh biotech research PITTSBURGH, PA–Lunar exploration firm Astrobotic, the Energy Innovation Center, and the University of Pittsburgh‘s BioForge cell manufacturing center are among those that will…
Read MoreHigh-fidelity cardiovascular monitoring | Sponsored AI research at University of Michigan
High-fidelity cardiovascular monitoring WEST LAFAYETTE, IN–High-tech startup LifeSpan will use part of a Phase I STTR grant to conduct research at the Purdue University School of Industrial Engineering. Through a…
Read MoreBillionaire doesn’t forget where he came from | Heartland Ventures closes $52M fund
Billionaire doesn’t forget where he came from EVANSVILLE, IN–Over the last five years, Evansville native Bill Stone has given over $50 million toward the city’s medical research and healthcare sectors.…
Read More$11.7M to study new ways to treat pain | Ohio State emissions study
$11.7 million grant to study new ways to treat pain ST. LOUIS, MO–Scientists at Washington University School of Medicine in St. Louis have received a five-year, $11.7 million grant to…
Read MoreBiotech firm opens in NC | Axtra3D raises $6.25M
Biotech firm opens in NC, seeking to develop depression treating compound RALEIGH, NC–Major depressive disorder is a severe, debilitating, and inadequately treated disease that affects approximately 17.3 million American adults…
Read MoreKeebo raises $15M | Noonlight acquired
Data learning platform raises $15M ANN ARBOR, MI–Keebo, provider of a data learning platform, has raised $15 million in Series A funding. The round was led by True Ventures, with…
Read MoreUniversity research funding
$130M toward University of Wisconsin–Madison research MADISON, WI–The Wisconsin Alumni Research Foundation (WARF) announced its annual support to the University of Wisconsin–Madison research enterprise for the academic year ending in…
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