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
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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 ...
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- S. Korean, Israeli FMs discuss bilateral cooperation in trade, science technologyon June 7, 2023 at 12:53 am
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- Bill Gates-backed lab-grown breast milk startup’s new CEO braces for challengeson June 5, 2023 at 4:12 am
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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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