Discovery Capital Funding
Discovery Capital is a matching equity seed stage investment program for select UMN startups. Startups may pitch to the Steering Committee and to an outside advisory board of professional investors before the UMN’s Chief Investment Officer decides whether to invest and under what specific terms and conditions. As this is a matching seed program, the startup must negotiate a term sheet with a lead outside investor before the University may invest.
If a UMN innovator or UMN startup executive is interested in an investment from Discovery Capital, email email@example.com to receive the program documents and schedule a meeting with the Discovery Capital Manager.
"Discovery Capital gave CoreBiome a major early boost. Their support helped solidify interest from other investors and helped us close our seed round quickly and with exactly the funding and guidance we needed."
–Dan Knights, founder and CEO of UMN startup CoreBiome