
The new North America University Innovations Fund will invest in technologies coming out of federal research and university labs.
The CEO of the university spinout fund is leaving at the end of this year.
The foundation backs Georgia Institute of Technology's spinouts in areas including medtech, robotics, AI, marketplaces and defence.
Despite US-China tensions. the fund has a diverse LP base from with about half the funding from Greater China, sitting alongside backers from Southeast Asia, Europe, the Middle East and the US.
The VC firm is raising money from investors for its second UK spinout fund.
The US university has partnered with a Silicon Valley-based VC firm to manage the investment fund.
Investors and university tech transfer should educate policymakers on the need for federal funds.
Early-stage VC Velocity manage the independently run fund, which backs spinouts from the Canadian university.