Posts tagged “Venture & Innovation”

Updated 9:17 a.m. today

UNC, Duke team up off the court in 'Game of Life'

Bitter rivals in basketball, the two universities collaborate on numerous educational, medical and research efforts to help make the world a better place. They are partners in the "Game of Life" tournament.

Duke, UNC are partners - off the court Duke, UNC are partners - off the court

Updated 7:36 a.m. today

Durham stem cell firm Aldagen sold for up to $40M

Regenerative medicine company Cytomedix has acquired the venture-capital backed company in a $16 million stock deal plus millions more in stock options. Aldagen investors include Intersouth and Aurora Funds.

A purified STEM cell A purified STEM cell

Updated 12:17 p.m. yesterday

Charlotte's startup efforts pick up steam as more data pours in

BIG council Peak 10 CEO and the head of the Business Innovation and Growth Council are intensifying their drive to collect financial, jobs and other information from other entrepreneurs. Their goal is to document the Queen City's potential as a place to grow companies just as the CED did for the Triangle. Publicity about the effort is paying dividends.

12:04 p.m. yesterday

Triangle Capital looks to raise $67M in stock offering

Venture update The Raleigh-based firm focuses on lower middle market companies, which the firm defines as companies with revenues between $10 million and $100 million and earnings between $3 and $20 million.

9:14 a.m. yesterday

Co-founder of CoLucid Pharmaceuticals in Durham dies

CoLucid Dr. James White, a long-time pharmaceutical executive, launched CoLucid in 2005 along with Art Pappas of Pappas Ventures in Durham.

8:58 a.m. yesterday

3-D virtualization could boost medical device development

two professors at the University of Minnesota have come up with a 3-D visualization device that aims to revolutionize how medical devices are designed and tested, thereby shortening R&D cycles and the costs associated.

3-D journey of the body 3-D journey of the body

7:58 a.m. yesterday

Inside RTP's new angel fund: Founders meeting 'significant' need

STATE OF VENTURE: In a Q&A with Rich Harris, managing director of Synergy Commercial Advisors, WRAL Tech Wire takes an in-depth look at the launch of Triangle Angel Fund Partners. Harris, one of TAP's founders, spells out why the fund was created, its mission, and what TAP is looking for in potential deals.

Triangle Angel Fund Partners Triangle Angel Fund Partners

Updated 11:19 a.m. Tuesday

RTP broadband firm Overture, minus two top execs, launches new look

The global provider of Ethernet related broadband services shortens its name, creates a new logo and revamps its websites. The changes come in the post-Hatteras Network merger, and among the recent moves is the departure of the former Hatteras CEO.

Overture's new logo Overture's new logo

Updated 11:18 a.m. Tuesday

Two Triangle firms make second round of SEVC selections

SEVC STATE OF VENTURE: Katharos and Windsor Circle are among the 20 companies selected to present at the Southeast Venture Conference.

6:19 a.m. Tuesday

Startup Chimerix reports positive test news for transplant drug

Chimerix The company is studying the compound for the prevention of cytomegalovirus diseases, or CMV, in patients who have had stem cell transplants.

Updated 8:11 a.m. Monday

Will RTP-based ChannelAdvisor go public? They're thinking

Founder and Chief Executive Officer Scot Wingo says action on Wall Street such as Facebook's IPO plans give his ecommerce services firm fodder for thought. But for now the mission remains driving growth.

Business booms for Scot Wingo Business booms for Scot Wingo

Updated February 4

CH-based Cempra goes public, raises $50M; shares close up 6 cents

Cempra Pharmaceuticals sells 8.4 million shares at $6 each. The pricing had been expected to be higher.

Cempra Cempra

February 4

Durham firm's technology to enliven Super Bowl TV fest

SportsMedia Technology is adding new tools to enable NBC's "Football Night in America" announcers to go mobile with high-tech graphic tools at Sunday's NFL title game.

SMT graphics to add to Super Bowl telecast SMT graphics to add to Super Bowl telecast

Updated February 3

What brands are winning Super Bowl hype? Two Durham firms to find out

Ad agency McKinney and Internet startup EvoApp are prowling social media to see which companies are performing best heading into and then during the Sunday night football and ad showcase.

Who's winning Super Bowl branding? Who's winning Super Bowl branding?

February 3

Want to win more business? Then listen to your customers, NCCU business dean says

All too often, companies spend too much time talking about their capabilities, products, and services and not enough time listening to the needs of their customers, says NCCU's D. Keith Pigues.

D. Keith Pigues, right, and Debra Michie at ACG event D. Keith Pigues, right, and Debra Michie at ACG event