Colon Cancer

UConn Tech Startups Attracting New Investment to State

The University of Connecticut is claiming bragging rights for significantly boosting investment in technology startup businesses fostered at its business incubation program.

Nearly three dozen companies, including a vaccine immunotherapy firm and a business developing a therapy to restore hearing drew nearly $40 million in investments last year, UConn said. That's more than double the $14.6 million in investments in 2015 and up from more than $24 million, the previous record set in 2014, the university said.

"It's a good return on state investment," Jeff Seemann, vice president for research at UConn, said Tuesday. "The return on investment is growing and...