University of Melbourne VC fund hits $70m first close
The University of Melbourne has hit a first close on a VC fund that will invest in university-related entrepreneurs and researchers with AUD 100m (USD 70m) in commitments.
The fund is managed by Tin Alley Ventures, a joint venture between the university and Tanarra Capital, a local private equity firm with AUD 3bn in assets under management. It is described as Australia’s...
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