A new venture fund jointly established by StartX, the Stanford-affiliated startup incubator, Stanford University and Stanford Hospitals & Clinics, enables Stanford to directly invest in student-founded companies.
Stanford University and Stanford Hospital and Clinics have pledged $3.6 million over three years in grant funding to support student-initiated startup accelerator StartX, in a move accompanied by the creation of a venture fund that will invest exclusively in StartX firms.
“Big Data” could become much more personal in the near future, as Chatous – a startup founded by Stanford alumni and backed by Stanford-affiliated incubator StartX – aims to leverage big data algorithms in pairing people with similar interests in an online chat environment.
NuMedii, a new startup from the Stanford-affiliated incubator StartX, has taken a revolutionary approach to pharmaceutical research and development, using “big data” analysis techniques to leverage vast amounts of life science data in identifying drugs’ effectiveness and development potential.
StartX, a Stanford-affiliated startup incubator, had its ninth Demo Day yesterday, with 10 new startups and five returning companies pitching to investors and the media.