MetaVC has licensed about 200 patents on metamaterials from Intellectual Ventures for its companies to use.

MetaVC Partners, a US-based venture capital firm, has made a first close of its planned $100m debut fund, with commitments from Bill Gates, a co-founder of software provider Microsoft, and Nathan Myhrvold, formerly chief technology officer at Microsoft who runs intellectual-property firm Intellectual Ventures.

MetaVC has licensed about 200 patents on metamaterials from Intellectual Ventures for its companies to use, managing partner Conrad Burke told news provider Wall Street Journal.

Burke and co-managing partner Chris Alliegro were previously executives at Invention Science…

James Mawson

James Mawson is founder and chief executive of Global Venturing.