UMI has become a LP in Yissum's $7m Racah Nano Venture Fund as part of an alliance aimed at bringing advanced materials and nanotechnology applications to the Japan.
Hebrew University of Jerusalem (HUJ)’s tech transfer office, Yissum, teamed up with materials and chemicals-focused venture fund Universal Materials Incubator (UMI) today to build links between its spinouts and Japan-based corporates.
As part of the partnership, UMI has invested in the Yissum-run Racah Nano Venture Fund, which was founded earlier in 2019 and has so far raised more than $7m to inject into HUJ’s advanced materials and nanotechnology ecosystem.
The collaboration will also aim to grow the international…
