Michigan eLab said it is a" full venture capital fund that can support a startup beyond the seed round and all the way through to final liquidity.

Members of the University of Michigan community have set up Michigan eLab in cooperation with the University, which is running a venture fund.

Michigan eLab said it is a" full venture capital fund that can support a startup beyond the seed round and all the way through to final liquidity. eLab also provides formal training in entrepreneurship and shared resources to improve capital efficiency for young companies."

The company was set up by Rick Bolander, Scott Chou, Doug Neal,…