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ASU brings in Luna Lu as vice president of innovation
Luna Lu, who has spent the last 11 years at Purdue, will join Arizona State University to strengthen innovation and entrepreneurship activities.
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New Zealand commits NZ$40 million to commercialisation
As the country’s new national IP policy officially comes into force, the government is allocating more than NZ$40 million to commercialisation.
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Cornell revamps innovation activities, appoints Matt Marx
Matt Marx will establish the Cornell Center for Entrepreneurship and Innovation and serve as vice provost.
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Innovate Calgary CEO John Wilson retires
John Wilson has left the University of Calgary’s innovation arm after a decade, with Shawn Baxter taking over as interim leader.
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South African universities close ZAR400m UTF II
Stellenbosch University, University of Pretoria, Wits University, and the University of Cape Town have backed the University Technology Fund II.
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The heat is on: four spinouts fixing a burning planet
Peel-and-stick solar that costs 90% less; cement from demolition rubble; electrocaloric cooling without refrigerant; and carbon-neutral biofuel for shipping. Here are four spinouts reshaping climate solutions.
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University of Nottingham unveils EIS fund
Managed by SyndicateRoom, the University of Nottingham’s new fund makes use of the UK’s Enterprise Investment Scheme.
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Tim Dixon leaves Purdue for AgriNovus Indiana
Tim Dixon had been the managing director of Purdue Dial Ventures, which recently raised initial capital for Fund II, since October 2021.
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Gaia Sciences Innovation raises $100m, partners with Smithsonian
The Smithsonian Institution has joined forces with Gaia Sciences Innovation, which has now raised $100 million in funding.
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Ohio State puts Sanjay Krishna in charge of innovation
Sanjay Krishna has been named senior associate vice president for innovation and strategic ventures at the Ohio State University.
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University of Sydney hatches plan for venture fund
The university already runs an A$25 preseed fund but is now exploring a much larger investment vehicle for its spinouts.
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QUT promotes Kate Taylor to top commercialisation job
Kate Taylor has been appointed acting chief commercialisation and development officer at the Queensland University of Technology.
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SNU Technology Holdings raises ₩5.1bn fund
Seoul National University Technology Holdings has raised a new fund that it will co-manage with accelerator Seoul Frontier Investment.
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Indiana University’s IU Inc. finds leader in David Rosenberg
Indiana University has created IU Inc. to engage with partners more effectively, and David Rosenberg will serve as the inaugural president and CEO.
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University of Lincoln hires Michele Barbour to oversee commercialisation
Michele Barbour will become the pro vice chancellor for research and commercialisation at the University of Lincoln in the autumn.
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Spinout Inspire Fund formally launches with £22.5m
The fund, which has been quietly investing for four months, has publicly launched with £22.5 million in capital.
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Meredith Meyer Grelli takes on new entrepreneurship role at Carnegie Mellon
Meredith Meyer Grelli has been named inaugural vice provost for entrepreneurship and associate vice president at Carnegie Mellon University.
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Midlands Mindforge secures £30m, begins investing
The firm, created by eight universities in 2023, has made its first investments as it continues fundraising towards its £250 million goal.
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Editorial: I don’t believe Rachel Reeves on spinouts
Oxford accounts for 20% of the UK spinout value. Funding has collapsed. And the BBB’s £150m US strategy is making the problem worse, not better.
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Trinity College Dublin promotes Vincent Coole to director of innovation
Vincent Coole has been promoted to manage Trinity Innovation.
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Creator Fund closes $56m fund
Eight months after launching its latest fund with an initial $41 million, Creator Fund has closed the vehicle thanks to support from KfW Capital.
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Berkeley gains Darkmatter Lab for frontier tech
Darkmatter Lab will serve as a cornerstone initiative for a venture fund set to be established by Hivemind Capital.
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Purdue’s agtech studio Dial Ventures achieves first close for Fund II
Purdue University’s agtech venture studio Dial Ventures has achieved a first close of Fund II, which it will use to build the next batch of startups.
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RGU promotes Chris Moule to director of research, innovation and enterprise
Chris Moule has worked at Robert Gordon University since 2010 and has been head of innovation and entrepreneurship for the last eight years.
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Samuel Kim becomes permanent CIO at Texas A&M University
Samuel Kim was named interim chief innovation officer in October last year and has now been appointed permanently.
