The Moscow Institute of Physics and Technology launches $30m seed fund.
Tech startups linked to the Moscow Institute of Physics and Technology (MIPT) are set to benefit from seed investment from the university following the launch of MIPT’s $30m university venture capital fund.
The fund, Phystech Ventures, will be used to invest in MIPT spin-outs and startups in the areas of edutech, digital health, 3D printing, cleantech, and fossil fuel tech sectors.
The fund will look to invest around $500,000 in projects as an individual backer, but will also consider going…