University of Minnesota announces two venture funds
The University of Minnesota plans to launch two venture capital funds next year, one of which will invest in startup companies that license university technology. The fund backing university startups will total $20 million in size and will make seed-stage investments over a 10-year period. A separate $50 million fund will invest in startups nationwide. The university’s […]
Dell Sets Up $60M Storage Start-up Fund
Dell also said the computer maker has established a $60 million venture fund to invest in storage technologies. The fund will back startups that aim to house growing amounts of data at businesses with fewer than 50,000 employees, for example, and those building computer servers with solid-state storage, the CEO said at Fortune’s Brainstorm Tech […]