Illinois Ventures unveils Deep Tech Strategic Fund

Illinois Ventures, an EnterpriseWorks tenant and the venture capital arm of the U of I System, recently unveiled a new fund, the Deep Tech Strategic Fund. The organization is focused on helping students achieve their entrepreneurial dreams and has previously supported Research Park companies including DeepWalk, EarthSense, Natrion, PSYONIC, and more.

The Deep Tech Strategic Fund is Illinois Ventures’ largest fund to date, consisting of $48 million from investors including the University of Illinois, Carle Health, and the University of Illinois Foundation. The fund, which targets the next wave of startups, is designed to fuel ideas that come from the University of Illinois ecosystem and is a testament to Illinois Ventures’ commitment to push the boundaries of innovation.

Learn more about this investment fund on the Illinois Ventures website, Crain’s Chicago Business website, or connect with Illinois Ventures on LinkedIn.