A Charlottesville startup based on technology licensed from the University of Virginia has received major funding to develop unique wireless devices.
PsiKick designs ultra-low power wireless chips that use harvested energy. The series of financing will allow the company to hire more staff, expand their engineering team, and produce more chips to take out to potential customers.
The first application the team wants to enable is wearable computing.
PsiKick, a company headquartered in Charlottesville and based on technology licensed from the University of Virginia, University of Michigan and University of Washington, announced a major financing milestone led by New Enterprise Associates (NEA), Osage University Partners and MINTS, a venture fund of the University of Michigan. This funding round will enable PsiKick to accelerate the development of the groundbreaking Ultra-Low-Power wireless sensing devices.
These devices, the so-called systems-on-chip or SoC, are circuits capable of integrating all components of an electric system in one small chip. PsiKick’s Ultra-Low Power Wireless SoCs are operating at a fraction of the power capacity of other energy efficient circuit platforms. In fact, these devices function at such extreme energy efficiency that they are able to continuously and entirely be powered by harvested energy sources such as vibration, thermal gradients, solar power and radio frequency.
Take advantage of this unparalleled opportunity to spotlight your company in front of thousands of potential partners from around the world.
Are you an innovative biotech company that is R&D-intensive and is developing strategic partnerships within the industry? Nominate your company to be the Buzz of BIO!
Winners receive complimentary registration, a Company Presentation in the Business Forum and promotion by the Convention to industry leaders.
Act fast! Nominations are only open until April 8th 5pm ET
The idea that you can develop a concept for a company and launch it within 48 hours is at the heart of Startup Weekend. When you add healthcare to the mix it becomes a lot more challenging but no less interesting. Philadelphia hosted its third Startup Weekend for healthcare at Venturef0rth over the weekend.
Elliot Menschik, who was one of the judges to review the 12 team pitches, heads up shared workspace Venturef0rth and is a managing partner for healthcare with DreamIt Health, DreamIt Ventures’ health IT accelerator. He said it’s the longest running StartUp Weekend for healthcare in the country. About 14 cities have since hosted their own version of the event. Duke University is planning to host one in August.
Research and Markets has announced the addition of the “The Worldwide Market for Molecular Diagnostics – 6-Month Update” report to their offering.
Molecular diagnostics is becoming a dominant platform in clinical medicine and represents one of the fastest-growing segments of the diagnostics market.
Many molecular tests are CE Marked and FDA-cleared and many more are in development. However many more unique tests have been launched as test services, especially for cancer management and infectious disease epidemiology.
Next E-Team Stage 1 Deadline: May 9, 2014
Click here to view our most recently funded E-Teams.
The E-Team Program provides early-stage support and funding of up to $75,000 for collegiate entrepreneurs working on market-based technology inventions.
Since 1995, our E-Team grants have been funding collegiate student and student/faculty teams to move ideas out of the lab and classroom and into the marketplace. The program enhances this opportunity by providing expert entrepreneurial and venture coaching, experiential workshops, and a potential investment opportunity to help realize the commercial success of the technology inventions and innovations that come through our organization.
Selected E-Team Program participants may also be invited to exhibit their technologies at Open Minds, the annual showcase of breakthrough technologies from NCIIA’s top student teams. The 2014 Open Minds exhibition will be held in San Jose, CA, March 21-22 during NCIIA’s annual conference, OPEN.
Tech Council of MD presents a Bioscience Networking Reception April 3 from 6:00-8:00 p.m. with Christopher P. Austin, M.D., Director, National Center for Advancing Translational Sciences.
Don’t miss this enhanced networking reception with leaders from the Mid-Atlantic region’s life science community followed by a brief overview of the National Center for Advancing Translational Science (NCATS) from Dr. Christopher Austin. Learn about NCATS’ goals and plans to collaborate with the local life science community.
How could this be: A 100-year-old government consulting firm that’s always taken its marching orders from Uncle Sam, investing its own money in the big ideas of the underfunded?
It actually makes perfect sense, said Karen Dahut, Booz Allen’s executive vice president who leads the company’s strategic innovation group. And it’s just one possibility that might come of the company’s partnership with downtown technology startup hub 1776 announced Monday.
Earlier this month, President Obama announced his 2015 budget, a roadmap for accelerating economic growth, expanding opportunity for all Americans and ensuring fiscal responsibility. The budget supports the President’s Management Agenda to deliver a 21st century government that is more effective, efficient, and supportive of economic growth. One key element of the President’s Management Agenda is accelerating the transfer of Federally funded research from the laboratory to the commercial marketplace – a “Lab-to-Market” agenda.
The Federal Government spends more than $130 billion on research and development (R&D) each year, conducted primarily at universities and Federal laboratories. This investment supports fundamental research that expands the frontiers of human knowledge, and yields extraordinary long-term economic impact through the creation of new knowledge and ultimately new industries – often in unexpected ways.
In the latest test of 3D printing in orthopedic surgery, neurosurgeons in The Netherlands announced that they successfully implanted a 3D printer skull to treat a 22-year old woman suffering from a bone disorder.
The procedure, carried out by surgeons at University Medical Center Utrecht, was carried out three months ago but was only disclosed after ensuring that the implant wasn’t rejected and the patient made a full recovery. Australian company Anatomics produced the 3-D skull implant.
