Ariel University hires Capital Nature to manage new fund focused on cleantech projects.

Ariel University R&D Company, the tech transfer company of Ariel University, has signed a funding agreement with Capital Nature to invest in university research focused on cleantech.

The agreement will allow Capital Nature to provide individual grants between $50,000 and $200,000 to projects. This will give the Israeli firm the right to license the technology of any such project under pre-agreed financial terms.

Capital Nature will be considering projects in four distinct fields: renewable energy, biofuel and biomass, energy efficiency, smart grid technologies, and energy storage.

Ariel University is Israel’s most recent university, having only been established as such in 2012. It was originally a regional college set up in 1983.