Deeptech-focused fund, TechU, has closed $3.2M in its first close for its inaugural fund according to a recent SEC filing. The total offering amount is for $25M and the filing was initially filed in the fall of 2017. There were 10 LPs in this tranche. TechU has made investments in companies that include Bevi, MultiplyLabs, Ledgerx, and Cyclops. TechU was initially formed as an angel group and is led by Natanel Barookhian.
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