British University Spinout Investment Fund hopes to complete its fundraising efforts by 2020 to back businesses based on university research.
A new UK-based, seed-stage venture fund is aiming to raise £30m ($4om) to invest mainly in businesses based on university research.
The vehicle, dubbed the British University Spinout Investment Fund, has been launched by a venture firm called University Spinout Ventures and is expected to commence operations in 2020.
British University Spinout Investment Fund’s limited partners have not been identified. University Spinout Ventures also hopes to provide universities with consulting services, which it will also offer to early-stage…
