Osage University Partners II will be a $200m fund.
Osage University Partners, a venture capital fund specialising in university spin-outs, is raising $200m for its Osage University Partners II fund.
According to a filing with the US Securities and Exchange Commission, the fund has attracted the support of 145 investors to date, committing a total of $151m.
Osage, which counts partnerships with more than 50 universities, national labs and research institutions, closed its previous fund in 2011. It totalled $100m.
The new fund will make individual investments between $5m and $6m into spin-outs focusing on cleantech, IT, health care IT, biopharma, energy, medical devices and diagnostics, and tech-enabled services.
