St. Louis venture fund. RiverVest Venture Partners, makes $15 million bet on its hometown
When RiverVest Venture Partners opened its doors in 2000, hopes were high that it would be an important funding source for St. Louis’ nascent biotechnology industry. RiverVest went on to be a highly successful venture capital firm, managing $290 million and demonstrating a knack for identifying health care startups that would later go public or […]
University of Chicago Investing $25M From Endowment Into Its Own Startup Companies
The University of Chicago is pulling $25 million from its endowment to back business ideas from faculty, students and alumni. The university on Friday announced it will tap into its $7.1 million endowment to provide funding for startup companies founded or that include people from the university or ideas developed on the Hyde Park campus. […]