Braveheart Investment Group, a UK-based venture fund, has won the mandate to run Lachesis, a seed fund for eight universities in the East Midlands. 

 The fund, which was set up in 2002, has £10.25m under management and supports seed investing from De Montfort, Derby, Leicester, Loughborough, Lincoln, Northampton, Nottingham and Nottingham Trent universities.

Braveheart Ventures will partner with Advantage Early Growth, a government and European Regional Development Fund-financed venture capital fund, to provide support, mentoring and business development services…

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