US-based venture capital firm Cayuga Venture Fund has launched its sixth vehicle, Cayuga Venture Fund VI, the Ithaca Journal reported on Wednesday.
The fund has a target size of $100m and will rely on the firm’s existing ties with Cornell University to identify potential investees. It will specifically assist companies emerging out of Cornell Tech, an engineering campus anchored by Jacobs Technion-Cornell Institute.
The institute is a joint academic venture between Cornell University and Technion-Israel Institute of Technology.
The fund…
