Tech Transfer eNews Blog

Tel Aviv U launches university start-up fund, the first of its kind in Israel

By Jesse Schwartz
Published: April 18th, 2018

Tel Aviv University is launching an early-stage start-up venture fund, the first of its kind to be created by an Israeli university.

The TAU Ventures fund has raised roughly $20 million in commitments from investors in countries including the U.S., Canada and Singapore. The fund is slated to run for seven years and is modeled after start-up funds at US universities such as MIT and Stanford.

In addition to providing capital, TAU Ventures will offer university entrepreneurs access to campus resources including lab space, research expertise and networking. The fund will focus on a wide range of technologies, but with a focus on those that don’t require long-term investments or specific knowledge skills.

Marianna Shapira, research director at Israel’s IVC Research Center, says TAU Ventures will be a welcome player in the country’s tech scene.

“Israel’s academia supports technology companies from their very start, and this is an obvious and necessary step, especially in light of the fact that we have seen in the past few years a lack of funding for early-stage companies,” says Shapira.

Source: The Times of Israel

The Mind the Gap: University Student Venture Fund Report is the first-ever, comprehensive look at student venture funding programs at leading universities. CLICK HERE for details.

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