Berkeley Frontier Fund will provide growth-stage funding to companies emerging out of the University of California campus, and has already made four investments.

Berkeley Frontier Fund, a US-based venture capital fund, launched today to invest in companies founded at University of California (UC), Berkeley using a philanthropic model that aims to give back $25m to the institution. The $50m growth-stage fund will make its first contribution of $2.5m to UC Berkeley in the fourth quarter of this year,…

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