The Parkwalk Technology Fund VII launches with plans to invest in five to seven companies that are using intellectual property from universities and R&D departments.
Palkwalk Advisors, a UK-based investment firm, has launched its Parkwalk Technology Fund VII.
The latest fund will invest in five to seven companies whose proprietary intellectual property or know-how originated from UK research and development intensive institutions or universities.
The size of the fund has not yet been disclosed.
Potential investees will need to qualify under the Enterprise Investment Scheme that provides significant tax reliefs to the individual investor.
Parkwalk’s previous technology funds have focused on all stages of company investment with approximately half of commitments at seed and series A and the other half later rounds.
