Posts tagged “Venture & Innovation”
New York became the first state to formally propose regulations for bitcoins and other virtual currencies last week. And organizers of the Cryptolina Bitcoin Expo that's set for Raleigh next month wasted no time in adding a panel to discuss what regulations might mean.
The General Assembly's move toward authorizing crowdfunding in North Carolina took another twist on Monday. The bill is now part of a larger piece of legislation in the Senate where it's likely to be OK'd. But what happens next?
Farming continues to evolve, becoming even more high tech. The latest wave is called "precision agriculture," and it was the topic of the NC Ag Biotech Professional Forum at the NC Biotechnology Center, uses GPS guided, self-steering equipment, drones to monitor crops, precise, hyper-local weather reports, and the collection and analysis of data in real time for immediate action or strategic planning. WRAL TechWire Insider Allan Maurer has the exclusive details.
This is part one of a three-part series on how to turn ideas into companies. This story features Scot Wingo, co-founder and CEO of ChannelAdvisor, and is part the news partnership between WRAL TechWire and ExitEvent.
Under a three-year award from the U.S. Department of Energy, researchers at RTI International are looking at the cost-competitive production of hydrocarbon transportation fuels for less than $3 per gallon.
WRALTechWire is continuously expanding its content lineup, and we want you to participate. We are looking for news and analysis about all things tech and life science from people who know their business.
Some local websites run one or two tech stories per day. Others a few more but mixed with a variety of business news. At WRAL TechWire, tech and life science make up the menu with nearly 50 stories published over the last five business days. Here's a look back at technology, life science and other related news as reported in WRAL TechWire last week.
Despite a wealth of IPOs in 2013, numerous lucrative "exits" through mergers and acquisitions and the robust growth of investment-backed startups, one huge threat could hammer the Triangle's entrepreneurial community: The continuing lack of institutional venture capital. Statistics from Dow Jones VentureSource and PricewaterhouseCoopers tell the grim story.
Remember what drove Charles Lindbergh to fly across the Atlantic? Competition for prizes can drive significant innovation. Unlike traditional venture-capital firms, which back one idea, specific competitions inspire multiple solutions -- often leading to new industries. Such competitions do this by setting a specific target that several teams strive toward.
TyraTech is rolling out its head lice product in the U.K. and is funding its European expansion with $6 million in new funding. The company, which moved to Morrisville in 2011, says the head lice market is a $150 million a year opportunity.
North Carolina residents would be able to invest small amounts in new in-state ventures through crowd funding under a bill that cleared the Senate Commerce Committee on Wednesday. A separate economic development bill also is attached.
Raleigh biotechnology company Agile Sciences has landed a $1.5 million National Institutes of Health grant to help develop its cystic fibrosis therapy derived from sea sponges.
Crowdfunding in North Carolina could take a big step toward becoming law on Wednesday as a Senate committee schedules the legislation for a hearing. A key backer says "this is very good news." But nothing's guaranteed. Meanwhile, a key life science investor throws his weight behind the bill.
North Carolina's "Academy Awards" program for technology is getting a new name from the North Carolina Technology Association. A wide variety of individuals and companies will receive "Beacon" honors as "21 Awards" disappears.
GlaxoSmithKline, which operates a huge drug manufacturing facility in Zebulon, is investing as much as $25 million to license a technology platform from a California firm as part of efforts to develop new drugs. But GSK isn't bringing the platform to N.C., at least initially.
With it's documentary "Take Me Out to the Bulls Game," WRAL will became the first local television station to in the country to produce a program in the new broadcast technology called 4K, or Ultra High Definition.
Researchers at Cloud Pharmaceuticals said Monday that they have been granted 1 million hours of use on the IBM Blue Gene/Q Supercomputer for computational drug design and discovery to target orphan diseases including Malaria at Argonne National Laboratory.