The W Fund plans to invest $250,000 to $500,000 in about 25 to 30 early-stage companies over the next five years, focusing efforts on upstarts that have strong ties to research universities in the state, GeekWire said.
The US-based University of Washington has received $5m from the country’s Department of Commerce to invest in the state’s start-ups through the W Fund.
The W Fund is expected to open next month with about $25m in commitments, according to news provider GeekWire. The W Fund plans to invest $250,000 to $500,000 in about 25 to 30 early-stage companies over the next five years, focusing efforts on upstarts that have strong ties to research universities in the state, GeekWire added.…
