California Innovation Fund: Venture funding provider for UC-affiliated startups, reinvesting 50% profit into UC education.
Location
Berkeley, CA, US
Founded
2021
The California Innovation Fund focuses on providing venture funding primarily to startups affiliated with the University of California system. Their investment stages typically include Seed and Series A rounds, supporting companies with innovative solutions across various sectors. The firm is committed to reinvesting 50% of its profits back into the UC education system, fostering the next generation of entrepreneurs.
Notable portfolio companies include Catena Biosciences, Engage Bio, Kyte, Selva Therapeutics, and Sequin. The firm is led by a community of UC alumni and faculty who bring their entrepreneurial and industry expertise to the table. Their investment philosophy centers on not just financial backing but also leveraging their extensive network to offer mentorship and strategic guidance, ensuring the success of groundbreaking entrepreneurs.
California Innovation Fund - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies9
Current Portfolio Count8
Total Portfolio Exits1
Top Investment Stages
Series A5 (62.5%)
Seed3 (37.5%)
Stage Mix
Series A 63%Seed 38%
Concentration shown as share of disclosed investments by stage.