ANN ARBOR, Mich.–(BUSINESS WIRE)–The University of Michigan’s Innovation Partnerships announced a new collaboration with WAVE Ventures through their WAVE Ventures Studio that is opening in Ann Arbor, MI. The new studio will collaborate with Innovation Partnerships to identify potential startup opportunities in the Deep Tech sector.
The new studio will pair select technologies from the university’s discovery pipeline with WAVE’s company-building playbook and hands-on operators, seasoned executives and strategic venture capital. Startups built and launched from the studio will receive venture funding, benefit from U-M startup resources and WAVE’s national network of entrepreneurial executives.
“We are pleased to provide another resource for our University of Michigan community of innovators as we support their efforts to scale the impact and reach of their innovations through commercialization,” said Kelly Sexton, associate vice president for research – innovation partnerships and economic impact at the University of Michigan. “We believe this collaboration is a powerful addition to our portfolio of commercialization support and will lead to many incredible stories of impact as we expand our ability to shepherd U-M innovations beyond campus for the betterment of society.”
Full story: WAVE Ventures to Launch a New Deep Tech Venture Studio
