XCOR ticket for a Lynx suborbital flight. Tickets are now available for $95,000 per flight, including medical screening and G-Force training at one of our … via sites.artsblock.ucr.edu
Vestaron makes an eco-friendly pesticide derived from spider venom. Bagaveev uses 3-D printers to make rocket engines for nanosatellites. Transatomic Power is developing a next-generation reactor that runs on nuclear waste.
They all have one thing in common: money from Silicon Valley venture capitalists.
After years of shying away from science, engineering and clean-technology start-ups, investors are beginning to take an interest in them again, raising hopes among entrepreneurs in those areas that a long slump is finally over. But these start-ups face intense pressure to prove that their science can turn a profit more quickly than hot tech companies like Snapchat and Uber.
In August, the Founders Fund, which has backed social networks like Facebook and Yammer and the streaming-music service Spotify, announced a $2 million investment in Transatomic Power of Cambridge, Mass. Days earlier, Y Combinator, known for aiding web and mobile-app start-ups like the social news site Reddit and the game maker Omgpop, took part in a $1.5 million early investment in Helion Energy, which is developing an engine powered by nuclear fusion.
The Latest on: Science Start-Ups
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The Latest on: Science Start-Ups
- STARS OF SCIENCE ALUMNI UNDERSCORE THE POWER OF ROLE MODELS IN EDUCATIONon December 5, 2023 at 2:37 pm
Applied education and mentorship are the keys to teaching future generations of innovators, according to Lebanese profe ...
- Meta and IBM launch alliance advocating 'open science' approach to AI, putting them at odds with rivals like Google and OpenAIon December 5, 2023 at 9:47 am
The new AI alliance includes tech powerhouses such as Dell, Sony, chipmakers AMD and Intel, and several universities and AI startups.
- Danish ambassador calls Korea 'gateway to Asian market' for its science, techon December 4, 2023 at 11:34 pm
Danish Ambassador to Korea Svend Olling emphasized the crucial role of Korea as a global innovation hub and the importance of international science, technology and innovation collaboration amid ...
- Latest science news, discoveries and analysison December 4, 2023 at 4:00 pm
ChatGPT one year on: who is using it, how and why? In just a year, ChatGPT has permeated scientific research. Seven scientists reveal what they have learnt about how the chatbot should — and ...
- Lucid dream startup says people can work in their sleepon December 4, 2023 at 5:17 am
Prophetic’s Halo device could help workers practise demos or perform creative problem solving, its creator says ...
- IN-SPACe launches seed fund scheme for startups using space technologyon December 4, 2023 at 4:51 am
The scheme has the provision of providing financial assistance of up to Rs 1 crore in addition to mentorship support, training and networking opportunities, it said.
- Discovery Park Ventures expands fund to £3m to invest in more innovative science and technology start-upson December 4, 2023 at 12:16 am
Sandwich, Kent, UK, 4th December 2023 / Sciad Newswire / Discovery Park Ventures (DPV) announces the expansion of its early-stage life science fund from £1m to £3m, in order to capitalise on exciting ...
- As investment falls, EU innovation policy needs a ‘massive overhaul’, says start-up associationon November 29, 2023 at 3:59 pm
France Digitale has some suggestions to stop the slide in its manifesto for the 2024 European elections Start-ups need more help in accessing EU funding and support in expanding across the bloc if ...
- UMB, UMBC partner to create life science startup acceleratoron November 23, 2023 at 4:18 pm
Ravens owner Steve Bisciotti's new $100 million biotech fund is partnering with the universities on the new accelerator.
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