Today VIVES IUF (inter-university fund), a European high-tech early-stage fund, announced that it has raised €38 million in capital, bringing its total funding to €70 million. The European Investment Fund (EIF) committed €25 million alongside current and new blue-chip investors.
Initiated by UCLouvain, VIVES IUF is pivotal in connecting academic research and innovative projects with public and private investors.
Addressing the seed funding gap, VIVES IUF catalyses transforming academic research and startups into viable, high-impact ventures.
As a cross-border fund, VIVES IUF partners with five top-ranking European universities: UCLouvain (BE), KULeuven (BE), Université de Paris (FR), Wageningen Universiteit (NL) and Université du Luxembourg (LU). VIVES IUF also has access to a high-tech startup pipeline.