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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
- How do weed killers know what to kill? Let science explainon June 7, 2023 at 4:48 am
You can spend your extra time watching your neighbors tackle their weed problems. Second, you could manually remove the weeds by pulling them up when you see them. This is also a very ...
- CHIPS And ITC: A Great Start But Missing One Critical Componenton June 7, 2023 at 3:15 am
Steven Zhou, Co-Founder and CEO, Moov. Since the CHIPS and Science Act was passed in August 2022, including the 25% advanced manufacturing investment tax credit (ITC), the semiconductor industry has ...
- S. Korean, Israeli FMs discuss bilateral cooperation in trade, science technologyon June 7, 2023 at 12:53 am
The top diplomats of South Korea and Israel held consultations Wednesday to discuss ways to strengthen bilateral ties in the areas of trade, science technology and startups, Seoul's foreign ministry ...
- The problems with coal ash start smaller than anyone thoughton June 6, 2023 at 1:32 pm
In a new paper published June 6 in the journal Environmental Science: Nano, researchers at Duke University have discovered that these answers may remain elusive because nobody is thinking small enough ...
- This startup is zapping seawater to tackle climate changeon June 6, 2023 at 9:30 am
A new California-based startup is trying to take on climate change by simultaneously taking carbon dioxide out of the ocean and air while creating hydrogen as an alternative fuel. Boeing has already ...
- Bill Gates-backed lab-grown breast milk startup’s new CEO braces for challengeson June 5, 2023 at 4:12 am
Despite the marketability of lab-grown breast milke it’s a tough road to navigate the science, politics, and growing pains on the way to market, as BIOMILQ CEO Leila Strickland can attest. WRAL ...
- Charting a course for the future of Science Newson June 3, 2023 at 8:11 pm
Science News of the Week” scripts that announcers read on local radio stations. Radio had just debuted; the first commercial broadcast was in 1920. The editors were clearly eager to embrace this ...
- Many startups are built off research, so why don’t more scientists become founders?on June 1, 2023 at 1:37 pm
While their work is the backbone of many startups, many scientists don't become founders. Perhaps it's time they should.
- Start-ups Scale-up in Upstate New Yorkon May 30, 2023 at 5:00 pm
He is doing so by conducting in-depth interviews with engineering and science start-up founders. The study focuses on science and engineering-based start-ups, as these firms have the potential for ...
- New Venture Capital Fund Eyes Latin American Science Startupson May 25, 2023 at 12:45 pm
The backers of a new venture capital fund that aims to finance startups in Latin America focused on life sciences are bucking a funding crunch by tapping family offices and wealthy investors.
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