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StartUP Fund

University of Pennsylvania

VC$10MLeads rounds

Fund Size

$10M

Check Size

$0.1M$0.3M

Location

🇺🇸US

Investment Thesis

The evergreen fund provides seed-stage capital to startups based on university technology, know-how, or ideas, founded by faculty members and researchers from the University of Pennsylvania.

About StartUP Fund

The StartUP Fund is a $10 million evergreen fund launched by the University of Pennsylvania to provide seed-stage capital of up to $250,000 to startups founded by Penn faculty or researchers and based on university-developed technologies, ideas, or know-how. Managed by the Office of the Chief Innovation Officer, it supports ventures across all sectors including biotech, AI, energy, and FinTech to bridge early-stage funding gaps and enable commercialization milestones. Applications are reviewed on a rolling basis by external VC experts, with returns reinvested to sustain the fund.

Sectors

biotechAIenergyFinTechall technology sectors

Stages

seed

Geographic focus

United States

Verified 29 March 2026 · Sources: company website, Fusion42 review

Frequently asked questions

What does StartUP Fund invest in?
StartUP Fund invests in biotech, AI, energy, FinTech and all technology sectors at the seed stage.
Which geographies does StartUP Fund focus on?
StartUP Fund focuses on United States, and is headquartered in US.
What is StartUP Fund's typical check size?
StartUP Fund typically writes checks of $0.1M to $0.3M.
StartUP Fund — venture fund profile | Fusion42