California Innovation Fund

The Cal Fund powers a cycle of education, innovation, and entrepreneurship to make VC more equitable and create impactful positive change.

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Description

The California Innovation Fund provides venture funding and the backing of a strong community of UC alumni and faculty. As entrepreneurs, industry leaders, and friends, we do everything we can to help ground-breaking entrepreneurs succeed. We fuel the education of the next generation of entrepreneurs by re-investing 50% of our profit into the public University of California system. Financial investment is just one aspect of our commitment to startups. The California Innovation Fund community includes successful entrepreneurs, experienced C-suite leaders, UC faculty and subject matter experts all with a passion for helping UC affiliated startups succeed. We focus on industry agnostic early-stage startups looking to raise late seed/Series A rounds of finance. We will invest between $250K and $1 million with reserves for follow-on investment. We will support UC affiliated entrepreneurs who are solving significant, urgent problems that will create a positive future and better the public good.

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Announced Date Company Transaction Money Raised
5/2022 Windfall Series A -
7/2022 SixMap Series A -
7/2022 FreeWire Technologies Series D -
5/2022 Engage Bio Seed Round 3.9M
7/2022 FreeWire Technologies Series D -
7/2022 SixMap Series A -
5/2022 Windfall Series A -
5/2022 Engage Bio Seed Round 0

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