UT Horizon Fund invests $593K in MolecularMatch in Series A financing round
AUSTIN, TX – UT Horizon Fund, the strategic venture fund of the University of Texas System, has made a $593,000 Series A preferred stock investment in MolecularMatch.
UT Horizon Fund Aims to Build, and Capture, Value from Its Startups
Like other universities, UT has already acquired ownership stakes in spinoff companies by accepting equity as part of the compensation for licensing its intellectual property to startups. Since the Horizon Fund began operations last year, it has been able to invest aggressively, at a time when many universities can’t. The UT Horizon Fund has also […]