Erie Investors Raise $30 Million Commercialization Fund
“FCI Commercialization Fund in Erie is raising $30 million for a select group of research institutions–including University of Pittsburgh and Carnegie Mellon–primarily for nanotechnology and cyber security startups. Investments will range between $1 and $2 million, says Kurt Buseck, a managing partner in the fund.
“There are huge opportunities in these areas,” Buseck says. “Lots of corporations are looking for research to drive their innovation and we’re bridging that gap.” [more]
FCI Commercialization Fund I, [website]