California Innovation Fund

The California Innovation Fund is a venture capital firm dedicated to supporting early-stage startups affiliated with the University of California system. By investing in these startups, the fund aims to foster innovation and entrepreneurship within the UC community. The firm focuses on providing funding to companies that have emerged from the UC ecosystem, been founded by UC alumni, or are built upon UC technology. Their investment range spans from $250,000 to $1 million, with reserves allocated for follow-on investments. The fund is committed to reinvesting 50% of its General Partner carry back into the University of California public school system, thereby creating a virtuous cycle that benefits both the startups and the educational community. This initiative underscores the fund's dedication to public prosperity and the advancement of education. The California Innovation Fund's mission is to empower UC-affiliated entrepreneurs in solving significant, urgent problems that will shape a positive future and benefit the public good. By leveraging the extensive network of UC faculty, alumni, and industry leaders, the fund provides not only financial support but also access to a robust community of mentors and advisors. This collaborative approach enhances the growth and success of the startups within its portfolio, contributing to the broader goal of societal impact and innovation. The fund's strategic focus on UC-affiliated startups reflects its commitment to nurturing homegrown talent and fostering a thriving entrepreneurial ecosystem within the University of California system. Through its investments and community engagement, the California Innovation Fund plays a pivotal role in driving economic development and technological advancement in the region, while also reinforcing the ties between academia and industry.