Johns Hopkins University has launched a student-run venture capital unit which is being backed by 500 Startups founder Dave McClure.
A-Level Capital, which is yet to announce a size, other investors, or investment strategy, will be aimed at student-run startups and other companies too early-stage for angels of traditional VCs.
Elizabeth Galbut, one of the fund’s two co-founders, said: “If we could be helping deal flow at the student level, it would be much more effective once they’re a little more developed to pitch to the Blue Jay Syndicate, and get a larger investment.”
This article is part of Global University Venturing’s free month in June. Any subscriptions taken out during this time will be 25% off.
