New England Tech Stock Index
Rob Day gets a new job, and Excel Venture Management launches a fund in today’s Finance Roundup.
• Rob Day leaves @Ventures, heads to Black Coral Capital
Day, a principal who specialized in cleantech at @Ventures, will be investing in a broadened scope of asset classes at Black Coral. The firm, backed by a private family office, already invests as a limited partner in private equity firms. Day and managing director Christian Zabbal, who works from Montreal, will begin to make the firm’s first direct investments, ranging from early-stage to late-stage and buyout plays.
• NSF funds UMass Lowell engineering outreach effort
The project, called GK-12: Vibes and Waves in Action, connects graduate-level researchers to high-school teachers and students in Lowell and Lawrence. Participating graduate students will discuss their own research, build experiments for the classroom and become mentors and role models to students
• Excel Venture launches $125M life sciences fund
The fund will be used to support companies in the fields of healthcare IT, diagnostics, medical devices and life sciences platforms that touch on energy, defense, agriculture and chemicals.
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