The University of Minnesota announces plans for two funds to invest in both spin-outs and US-based startups.
US-based University of Minnesota (UoM) has announced plans to launch both a $20m fund to invest in licensing University technology and a $50m fund that will invest in Stateside start-ups.
The $20m fund will make seed-stage investments in UoM startups over a 10-year period, according to the UoM president Eric Kaler, who announced the fund at the Mid America Healthcare Forum today.
A fund for $50m to invest in startups outside the University was also announced, for which…
