New $5M deep tech fund aims to lure founders from universities

Spend time at a university, and inevitably you’ll come across someone who has a plan to save the world, or at least make some small part of it better. It might be merely the optimism of youth, but sometimes they’re actually on to something.

Critical Venture Partners is betting that young founders plucked fresh from universities can solve some of the world’s most intractable problems, including climate change, healthcare, and economic opportunity. The firm was founded by a trio of recent graduates from the University of Pennsylvania.

“We’re the type of founder that we’d invest in — being young people, investing in other young people,” Sam Strickberger, co-founder and general partner at Critical Venture Partners, told TechCrunch.

Strickberger and…

Source link

Leave a Comment