Yale University partners with Connecticut Innovations to form $2.5m YEI Innovation Fund.

Yale University has created a $2.5m Yale Entrepreneurial Institute (YEI) Innovation Fund to invest in promising student ventures coming out of the university.

Partnering with early-stage investor Connecticut Innovations, the university will look to make investments in student companies of up to $100k, with a preference for startups which have passed YEI’s Summer Fellowship.

Elm Street Ventures will manage the fund.

There are currently 75 active YEI firms which have raised a total of $66m in venture funding and created…

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