Singularity University reveals plans to raise a $50m fund for start-ups and spin-outs.

Singularity University (SU) has announced its intention to raise a $50m fund later this year to fuel start-ups and spin-outs coming out from the education-accelerator hybrid institution.

Singularity, an unaccredited university based in Silicon Valley, will begin raising capital in the second quarter of 2014. Technologies the institution will be pursuing including robotics, biotech, and nanotechnology.

SU differentiates itself from its more contemporary peers in terms of scope, structure, and objectives. It was launched in 2008 by Ray Kurzweil, director…