[Updated: 8:15 am PT] Pacific Biosciences’ investors could have been excused for chewing on their pencils, waiting for more bad news at the end of a horrible day for stocks. But that would have been overdoing it, as the Menlo Park, CA-based company met expectations in its maiden quarter with its new DNA sequencing instrument. … Continue reading “PacBio Hits Goal in Debut Quarter With New DNA Sequencer, Stock Tanks Anyway”
Category: San Francisco
Complete Genomics Stock Falls on Sales Decline, as Sequencing Gets Cheaper
[Updated: 2:24 pm PT] Complete Genomics picked a bad day to have a bad day. The Mountain View, CA-based company that sequences entire human genomes lost more than one-fourth of its value today after it reported a decline in second-quarter revenue, partly driven by price decreases in its service, and a delay in getting enough … Continue reading “Complete Genomics Stock Falls on Sales Decline, as Sequencing Gets Cheaper”
TokBox Works to Break Video Chat Out of Its Siloes, Flank Google+, Facebook
Imagine that “EJ,” the now-Internet-famous San Francisco resident whose home was systematically robbed and vandalized by Airbnb guests, had been able to interview her potential renters beforehand via video chat on Airbnb’s website. She might have picked up on danger signs and avoided the heartache of having her home utterly plundered and her identity stolen. … Continue reading “TokBox Works to Break Video Chat Out of Its Siloes, Flank Google+, Facebook”
$10M for Get Satisfaction
Get Satisfaction, the San Francisco startup whose software lets companies host communities of users who can respond to each others’ support requests, announced on its blog yesterday that it has collected $10 million in a Series B financing round. InterWest Partners led the round, and InterWest partner Bruce Cleveland has joined the company’s board. The … Continue reading “$10M for Get Satisfaction”
Kixeye Scores $18M
Kixeye, the San Francisco game studio behind the Facebook games Backyard Monster and Battle Pirates, said it has raised $18 million in a Series C financing round. Jafco Ventures was in the lead, and was joined by existing investors Trinity Ventures and Lightspeed Venture Partners. Jafco managing general partner Joe Horowitz has joined Kixeye’s board, … Continue reading “Kixeye Scores $18M”
$41M for Restoration Robotics’ Hair Transplant Robot
Mountain View, CA-based Restoration Robotics said yesterday (PDF) that it has raised $41 million in a Series C financing round. Clarus Ventures led the round, which was joined by existing investors Sutter Hill Ventures, Alloy Ventures, and Interwest Partners. The company is developing a computer-guided system that helps harvest healthy hair follicles for transplantation.
Xconomist of the Week: Five Questions About Life Sciences Investing for Dennis Purcell of Aisling Capital
Dennis Purcell is the senior managing partner of New York-based Aisling Capital, one of the top venture capital firms in the life sciences industry, with $1.65 billion under management. In 2009, Aisling closed its third fund, worth $650 million. Aisling Capital’s first fund started up in 2002 with the goal of supporting startups across the … Continue reading “Xconomist of the Week: Five Questions About Life Sciences Investing for Dennis Purcell of Aisling Capital”
Rentcycle Garners $1,400,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=12484bb8-6c7e-4918-aeaa-c692f963aa2f&Preview=1 Date 8/4/2011 Company Name Rentcycle Mailing Address 1635 California Street San Francisco, CA 94109 Company Description There’s a movement underway. A movement where access trumps possession. Where experiences are preferred to objects. This movement is built upon sharing and reuse. And it’s changing the way we consume. Website http://www.rentcycle.com Transaction Type … Continue reading “Rentcycle Garners $1,400,000 New Funding”
Sibblingz Garners $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6eaab3c7-d08d-4371-afa3-b30619511d96&Preview=1 Date 8/4/2011 Company Name Sibblingz Mailing Address Undisclosed Burlinggame, CA 94010 Company Description Sibblingz allows developers to simultaneously create games on Facebook as well as iOS and Android devices, allowing players to continue the same social game as they switch between devices. The platform also offers the developers the ability to … Continue reading “Sibblingz Garners $1,000,000 New Funding”
Kixeye Garners $18,000,000 Series C Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2f6091a6-9928-4079-a17b-b43c6b62eb43&Preview=1 Date 8/4/2011 Company Name Kixeye Mailing Address 433 California Street San Francisco, CA 94111 Company Description KIXEYE is dedicated to making fun, action-packed games that we’d play even if we didn’t work here. Website http://www.kixeye.com Transaction Type Venture Equity Transaction Amount $18,000,000 Transaction Round Series C Proceeds Purposes The company will … Continue reading “Kixeye Garners $18,000,000 Series C Funding”
Fusion-io Acquires IO Turbine for $95,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d37b455-205e-474a-8e5f-932b584e73a5&Preview=1 Date 8/4/2011 Company Name IO Turbine Mailing Address 3031 Tisch Way San Jose, CA 95128 Company Description Our approach makes the most of Flash storage to transparently and significantly accelerate virtualized application performance while lowering costs, complexity and providing outstanding ROI – without sacrificing the benefits that virtualization provides. Website http://www.ioturbine.com … Continue reading “Fusion-io Acquires IO Turbine for $95,000,000”
San Diego’s Eventful Looks to Put Consumers in Charge, with Backward Glance at eBay
[Corrected 8/8/11, 11:35 am. See below.] Eventful CEO Jordan Glazier likes to describe the San Diego Web-based startup as an “eBay for local events and entertainment,” and there are more than a few similarities. One of them is Glazier himself. Before joining Eventful in 2006, he spent five years as a general manager at the … Continue reading “San Diego’s Eventful Looks to Put Consumers in Charge, with Backward Glance at eBay”
$20M for Leyden Energy
Fremont, CA-based Leyden Energy, which is developing longer-lasting lithium ion batteries for consumer mobile devices, electric vehicles, and energy storage, said today that it has raised $20 million in Series B financing. New investor New Enterprise Associates led the round, which was joined by existing investors Lightspeed Ventures, Sigma Partners, and Walden International. Leyden says … Continue reading “$20M for Leyden Energy”
Union Square Leads Lending Club Round
San Francisco-based Lending Club, which operates an online platform where users can invest in or obtain personal loans, said today that it has itself obtained $25 million in new financing. Union Square Ventures of New York led the round, which was joined by existing investors Morgenthaler Ventures, Norwest Venture Partners, and Canaan Partners. Union Square … Continue reading “Union Square Leads Lending Club Round”
$17M for Inkling for iPad Textbooks
Inkling, a San Francisco startup adapting college textbooks for the iPad, said today that it has raised $17 million in Series B financing. Tenaya Capital led the round, which was joined by Jafco Ventures, Pearson Education, and Sequoia Capital. Inkling announced two previous funding rounds of undisclosed size, in August 2010 and March 2011.
Cleantech Investing Stagnates, But California Clings to Lead
So far this year, venture investments in cleantech and alternative energy aren’t keeping up with the optimistic pace set in 2010. While total U.S. cleantech investments in the second quarter were up slightly from the quarter before—$1.093 billion, versus $1.014 billion—they’re lagging 44 percent behind the quarterly record set one year ago, in the second … Continue reading “Cleantech Investing Stagnates, But California Clings to Lead”
Get Satisfaction Garners $10,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6937fad2-2767-470a-a30c-4758588ec057&Preview=1 Date 8/3/2011 Company Name Get Satisfaction Mailing Address 400 2nd St. San Francisco, CA 94107 Company Description Satisfaction is people-powered customer service for absolutely everything. More specifically, though, it’s a place where communities of customers come together to answer each others questions, share ideas with each other or with an organization, … Continue reading “Get Satisfaction Garners $10,000,000 Series B Funding Round”
Leyden Energy Lands $20,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=758a46ff-fd3c-425c-babb-56b6aa851c0e&Preview=1 Date 8/3/2011 Company Name Leyden Energy Mailing Address 46840 Lakeview Blvd Fremont, CA 94538 Company Description Leyden Energy, formerly known as Mobius Power, Inc., was founded in 2007 under the uniform cell heat distribution technology patent acquired from chemical manufacturer Dupont. Website http://www.leydenenergy.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction … Continue reading “Leyden Energy Lands $20,000,000 Series B Round”
Inkling Receives $17,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3e28c53-2ea0-478e-9d6d-6a8294f3dc63&Preview=1 Date 8/3/2011 Company Name Inkling Mailing Address 153 Kearny Fifth Floor San Francisco, CA 94108 Company Description Inkling was founded in late 2009 to tackle the challenges of interactive publishing. Inkling’s partnerships with major publishers like Cengage Learning, John Wiley & Sons, McGraw-Hill, and Wolters Kluwer will yield next-generation interactive titles … Continue reading “Inkling Receives $17,000,000 Series B Funding Round”
Restoration Robotics Lands $41,000,000 Series C Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9cfcd092-d28a-47ad-a5a8-a02490bb326e&Preview=1 Date 8/3/2011 Company Name Restoration Robotics Mailing Address 1383 Shorebird Way Mountain View, CA 94043 Company Description The company develops robotic technology for aesthetic surgeries. Website http://www.rrobotics.com Transaction Type Venture Equity Transaction Amount $41,000,000 Transaction Round Series C Proceeds Purposes The company will use the financing for commercialization and launch of … Continue reading “Restoration Robotics Lands $41,000,000 Series C Financing”
Lending Club Obtains $25,000,000 Series D Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=49a863a6-46ed-4230-9094-c5a741a098dd&Preview=1 Date 8/3/2011 Company Name Lending Club Mailing Address 370 Convention Way Redwood City, CA 94063 Company Description Lending Club is an online lending community where people can borrow and lend money, bypass the banks, and get better rates. By working together, members can borrow money more easily and at a better … Continue reading “Lending Club Obtains $25,000,000 Series D Funding Round”
Airy Labs Obtains $1,500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=17926248-118c-4902-a0d5-e778494436c2&Preview=1 Date 8/3/2011 Company Name Airy Labs Mailing Address 395 Page Mill Road Palo Alto, CA 94306 Company Description Airy Labs is creating the next generation of social learning games for kids. We build mobile and tablet games, browser-based social games, and massively multiplayer online games (MMOs), all with a core educational … Continue reading “Airy Labs Obtains $1,500,000 New Funding”
Facebook Buys Push Pop Press
Push Pop Press, the San Francisco digital media production house behind the acclaimed iPad version of Al Gore’s climate change primer Our Choice, said today on its website that it has been acquired by Facebook. “Although Facebook isn’t planning to start publishing digital books, the ideas and technology behind Push Pop Press will be integrated … Continue reading “Facebook Buys Push Pop Press”
Amyris Expands Deal With Total
Emeryville, CA-based Amyris (NASDAQ: [[ticker:AMRS]]) said today it has expanded a partnership with Brazil-based Total, in which Total will pay for more research and development, and provide capital to acquire and build production facilities for renewable diesel. Amyris made the announcement along with its quarterly earnings report. Amyris said it had a net loss of … Continue reading “Amyris Expands Deal With Total”
Instructables, Assistly, Airbnb: The 1-Minute Version of Last Week’s Bay Area BizTech News
There’s no such thing as the summer doldrums when it comes to Bay Area technology news—not this summer, anyway. Your recap of last week’s top stories starts here: —The National Science Foundation unveiled a new “Innovation Corps” program designed to help university researchers get their innovations from the lab bench to the commercial world. 100 … Continue reading “Instructables, Assistly, Airbnb: The 1-Minute Version of Last Week’s Bay Area BizTech News”
Kiva Chooses Detroit as First City for Crowdfunded Microfinance Program
When Delphia Simmons’ boss at COTS Detroit, an organization founded in 1982 to address the city’s growing homeless crisis, came back from a trip to Philadelphia with an armload of newspapers produced and sold by homeless people there as a means of self-support, an idea started bubbling in the back of Simmons’ mind. “I had … Continue reading “Kiva Chooses Detroit as First City for Crowdfunded Microfinance Program”
You’d Better Shop Around: Doing Due Diligence on Your VC
For a first-time entrepreneur, dealing with a venture capitalist can involve an equal mix of excitement and apprehension. If the VC has any sort of reputation or prominence, entrepreneurs are often grateful simply to be pitching their idea in the first place. Should discussions get far enough along that a term sheet is offered, a … Continue reading “You’d Better Shop Around: Doing Due Diligence on Your VC”
Intuity Medical Garners $76,000,000 Series D Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=02343dc4-dc3a-4413-8359-0d3a7ab3da03&Preview=1 Date 8/2/2011 Company Name Intuity Medical Mailing Address 350 Potrero Avenue Sunnyvale, CA 94085 Company Description Intuity Medical was founded with the mission of simplifying diabetes management for persons living with diabetes. We are currently developing the first blood glucose monitoring system designed to make testing easy, convenient and discreet. Website … Continue reading “Intuity Medical Garners $76,000,000 Series D Funding”
FirstRain Garners $6,400,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5262da19-2a5e-4e3b-a576-15474203967a&Preview=1 Date 8/2/2011 Company Name FirstRain Mailing Address 1510 Fashion Island Blvd. San Mateo, CA 94404 Company Description FirstRain provides custom-configured, on-demand intelligence services to professionals in the financial-services, pharmaceutical, and high-tech industries. Website http://www.firstrain.com Transaction Type Venture Equity Transaction Amount $6,400,000 Transaction Round Undisclosed Proceeds Purposes This new capital will be … Continue reading “FirstRain Garners $6,400,000 New Financing Round”
InMobi Acquires Sprout for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b5e4903d-153e-4e88-80e9-994ad8f748fa&Preview=1 Date 8/2/2011 Company Name Sprout Mailing Address 2601 Mission Street San Francisco, CA 94110 Company Description Sprout is the premier platform for easily creating, publishing and managing sophisticated rich media content on the Web. With Sprout, anyone can quickly and easily build widgets, minisites, banners and other rich media content for … Continue reading “InMobi Acquires Sprout for Undisclosed Sum”
Mr. Number Lands $3,500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0697889a-e4a7-4a60-adca-ee26d26b1261&Preview=1 Date 8/2/2011 Company Name Mr. Number Mailing Address Undisclosed San Mateo, CA 94401 Company Description Mr. Number develops apps for smartphones that let consumers control who can call them and when. More than two million people use Mr. Number to let friends know when they are free to talk and when … Continue reading “Mr. Number Lands $3,500,000 New Funding”
Erly Secures New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7368f73a-22d0-4c89-a07a-f4e40fc204ac&Preview=1 Date 8/2/2011 Company Name Erly Mailing Address Undisclosed Palo Alto, CA 94301 Company Description The company is developing social technologies. Website http://www.erly.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Kleiner Perkins Caufield & Byers Venture Investor Kleiner … Continue reading “Erly Secures New Funding Round”
Samsung Electronics Acquires Grandis for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=362caa90-1c0f-4bbd-90b8-697a057ef71f&Preview=1 Date 8/2/2011 Company Name Grandis Mailing Address 1123 Cadillac Court Milpitas, CA 95035 Company Description Grandis is the pioneer in developing and licensing innovative non-volatile memory solutions derived from cutting-edge research in spintronics. Its mission is to enable revolutionary products through application of the electron’s spin to store, manipulate and transmit … Continue reading “Samsung Electronics Acquires Grandis for Undisclosed Sum”
Autodesk Buys Instructables; Design Software Giant in Consumer Marketing Push
San Rafael, CA-based Autodesk (NASDAQ: [[ticker:ADSK]]), whose 3D design, graphics, and engineering software is used by more than 10 million design professionals around the world, has just made a small but interesting purchase. It has acquired Instructables, a San Francisco-based community site for DIY enthusiasts started almost six years ago by Squid Labs co-founder Eric … Continue reading “Autodesk Buys Instructables; Design Software Giant in Consumer Marketing Push”
Inside WalmartLabs: How the Former Kosmix Team Plans to Help the World’s Largest Retailer Get Social and Mobile
One of the most head-scratching tech headlines of April 2011 was the news that Kosmix, a Mountain View, CA-based startup best known for building a Twitter filtering tool called TweetBeat, had been acquired by Walmart. Yes, that Walmart—the one with 9,000 big-box stores spread across the American heartland. For one thing, Walmart already has a … Continue reading “Inside WalmartLabs: How the Former Kosmix Team Plans to Help the World’s Largest Retailer Get Social and Mobile”
What I Learned About Healthcare as a Patient: The Delivery System Has Got to Change
You can read all the books and news stories you want on the U.S. healthcare system, and conclude it’s profoundly messed up. But sometimes there’s nothing so enlightening as first-hand experience. I’ve been thinking about how awful U.S. healthcare is the past couple weeks, based on my latest experience as a patient. It’s made me … Continue reading “What I Learned About Healthcare as a Patient: The Delivery System Has Got to Change”
Twitter Receives New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ebc2410b-c27b-4964-8321-42a599947bbb&Preview=1 Date 8/1/2011 Company Name Twitter Mailing Address 795 Folsom St. San Francisco, CA 94107 Company Description Twitter provides an instant-broadcast, SMS type Internet service. Website http://www.twitter.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes We will use these resources to aggressively innovate, hire more great people and … Continue reading “Twitter Receives New Financing”
JOYUS Garners $7,900,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0708f0cb-279e-4555-8fbf-33e9445e1bee&Preview=1 Date 8/1/2011 Company Name JOYUS Mailing Address 855 El Camino Real Palo Alto, CA 94301 Company Description Welcome to Joyus, a brand new online shopping experience to help you discover and buy the things you’ll love. Website http://www.joyus.com Transaction Type Venture Equity Transaction Amount $7,900,000 Transaction Round Series A Proceeds Purposes … Continue reading “JOYUS Garners $7,900,000 Series A Financing Round”
Autodesk Acquires Instructables for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae7eef85-f64b-428c-930c-35a20ecff6c1&Preview=1 Date 8/1/2011 Company Name Instructables Mailing Address 82 2nd St San Francisco, CA 94105 Company Description Instructables is a web-based documentation platform where passionate people share what they do and how they do it, and learn from and collaborate with others. The seeds of Instructables germinated at the MIT Media Lab … Continue reading “Autodesk Acquires Instructables for Undisclosed Sum”
Merck Shuts Down RNAi Research Center in SF, Cutting 50 Jobs
Merck has decided to close down the RNA interference research facility it obtained through its $1.1 billion acquisition five years ago of San Francisco-based Sirna Therapeutics, the company said late today. About 50 jobs are being eliminated, while about 10 people are being offered transfers to other Merck (NYSE: [[ticker:MRK]]) facilities on the East Coast … Continue reading “Merck Shuts Down RNAi Research Center in SF, Cutting 50 Jobs”
At 2011’s Midpoint, Three Good Tech Trends and Three Not-So-Good Trends to Watch
Mid-year reports tend to be check-ins or check-ups; and they’re usually not very interesting, analytical, or helpful. The real fireworks often take place at the end of the year, when the 12-month look-back and 12-month look-ahead forecast steals the show—in terms of shedding light, providing perspective, and setting the agenda. Not so in 2011. Here … Continue reading “At 2011’s Midpoint, Three Good Tech Trends and Three Not-So-Good Trends to Watch”
Intermolecular Aims for $200M IPO
San Jose, CA-based Intermolecular, which uses combinatorial chemistry techniques to help clients in the semiconductor industry speed up their research and development, filed S-1 papers with the Securities and Exchange Commission today in preparation for an initial public offering. The seven-year-old company says it hopes to raise $200 million in the offering—perhaps providing some liquidity … Continue reading “Intermolecular Aims for $200M IPO”
Epocrates Rolls Out Electronic Health Records System
San Mateo, CA-based Epocrates, a provider of medical reference apps for mobile devices, has long been working on a full electronic health records system for physicians’ offices. This week the company announced that the “first phase” of its EHR system is available. It’s a Web- and mobile-based system tailored for practices with 10 or fewer … Continue reading “Epocrates Rolls Out Electronic Health Records System”
Oracle Buys Inquira
San Bruno, CA-based Inquira, a maker of call center management software, has been acquired by Oracle, the Redwood Shores, CA-based database giant announced last night. The financial terms of the acquisition weren’t disclosed; Inquira had raised roughly $30 million in venture backing from Investor Growth Capital, Partech International, Sutter Hill Ventures, and Walden International. “The … Continue reading “Oracle Buys Inquira”
How I Decide What to Write About-And Why I Might Not Cover Your Company
Dharmesh Shah, the co-founder of HubSpot and the author of the blog OnStartups, shared a post last week that really hit home. It was called “Dear Friend: Sorry: My Heart Says Yes, But My Schedule Says No.” Dharmesh explained that his e-mail inbox is perpetually overloaded with requests from people who want to meet with … Continue reading “How I Decide What to Write About-And Why I Might Not Cover Your Company”
Adesto Technologies Secures $17,356,914 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=68bc6a80-a76e-46bb-abc4-a837fc8834da&Preview=1 Date 7/29/2011 Company Name Adesto Technologies Mailing Address 1225 Innsbruck Drive Sunnyvale, CA 94089 Company Description Adesto Technologies was founded in 2006 by a team of experienced semiconductor memory developers. The company’s mission is to turn CBRAM technology into a platform of memory solutions that spans from the lowest cost, lowest … Continue reading “Adesto Technologies Secures $17,356,914 Series C Round”
just.me Obtains $600,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=676c94d7-91cf-4c69-821f-2be887fa8630&Preview=1 Date 7/29/2011 Company Name just.me Mailing Address 2158 Wellesley Street Palo Alto, CA 94306 Company Description The company is developing technologies in the social and mobile spaces. Website http://www.just.me Transaction Type Venture Equity Transaction Amount $600,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Google … Continue reading “just.me Obtains $600,000 New Funding Round”
Codexis To Make Household Cleaners
Redwood City, CA-based Codexis (NASDAQ: [[ticker:CDXS]]), the maker of industrial enzymes from renewable sources, said today it has formed a collaboration with Italy-based Chemtex to develop sustainable alcohols for use in household detergents. The companies said they plan to develop new detergent alcohols from cellulosic biomass sources, in hopes of taking a piece of the … Continue reading “Codexis To Make Household Cleaners”
Ford, TechShop Partner on Detroit Location to Help Everyday Inventors Create, Build—and Commercialize—New Technologies
At first glance, the nondescript office park at 800 Republic Drive in Allen Park, MI, is notable only for being situated next to the Detroit Lions’ practice facility. That’s set to change on Nov. 18, when the building will be transformed into TechShop Detroit, a joint project between Ford and TechShop, the DIY communal fabrication … Continue reading “Ford, TechShop Partner on Detroit Location to Help Everyday Inventors Create, Build—and Commercialize—New Technologies”
National Science Foundation Unveils a Startup School Modeled on Steve Blank’s Lean LaunchPad
Incubator madness has reached all the way to Washington, D.C. The National Science Foundation announced today that with the help of private-sector partners, it plans to put at least $5 million per year into a new program, the Innovation Corps or I-Corps, aimed at helping university scientists and engineers build startups around their technologies. The … Continue reading “National Science Foundation Unveils a Startup School Modeled on Steve Blank’s Lean LaunchPad”