British university students developing the next technology start-ups focusing on AI, robotics, life sciences and quantum computing could benefit from a US$20m (£15.3m) fund launched by early-stage venture capital firm Creator Fund.
The second Creator Fund introduced in the UK aims to back PhD, academic and student talent building frontier technology start-ups. The company has invested in 16 start-ups to date including Touchlab, an Edinburgh based company developing electronic skins for robots, and visual machine learning firm Tenyks.
“There is a transformation happening at European universities, as the world’s best talent is deciding to pursue entrepreneurship,” said Jamie Macfarlane, founder and CEO of Creator Fund.
“The R&D and technology emerging from our labs and classrooms has the potential to fundamentally change and improve the way we live and work.
“Our primary goal at Creator Fund is to be there early on, helping truly innovative PhD students build tech businesses based on scientific discovery or engineering innovation.”
Creator Fund has over 70 limited partners, including the founders of Wayve, Faculty and Lastminute.com. It has also closed a smaller European fund dedicated to angel investments in universities across Europe.
