$10M sweet spot round size
Most of their 8 investments are in rounds between $5M and $21M
1851
Orbital Sidekick raised $10M on January 31, 2023
Investors: 11.2 Capital, Williams Global Access, ONEOK, In-Q-Tel, Syndicate 708, Energy Innovation Capital and University of Minnesota
Undisclosed raised $50K on September 20, 2022
Investors: University of Minnesota
Punkademic raised undisclosed on September 15, 2022
Investors: University of Minnesota
Novome Biotechnologies raised $44M on September 13, 2022
Investors: 5AM Ventures, Alta Partners, Tencent, Touchdown Ventures, DCVC Bio, Navian Capital and University of Minnesota
Niron Magnetics, Inc. raised $21M on July 29, 2021
Investors: Volta Energy Technologies, Volvo Cars Tech Fund, Anzu Partners and University of Minnesota
Recursion Pharmaceuticals raised $121M on July 15, 2019
Investors: Obvious Ventures, Felicis Ventures, Lux Capital, Two Sigma Ventures, Menlo Ventures and University of Minnesota
Niron Magnetics, Inc. raised $5M on December 27, 2016
Investors: Anzu Partners and University of Minnesota
Niron Magnetics, Inc. raised $6.4M on June 21, 2016
Investors: Artiman Ventures and University of Minnesota