Bulldog Innovation Group Launches the First Venture Capital Fund by Yale Alums for Yale Alums
Bulldog Innovation Group launches a Yale-alumni funded venture capital firm primarily focused on early-stage companies linked to a Yale community member
New York, NY, April 29, 2016 (Newswire.com) - Bulldog Innovation Group (BIG) has launched the only venture capital fund that is led by Yale University alumni and focused on early stage companies linked to a Yale community member. The fund announced the first closing of its inaugural Whitney Innovation Fund at approximately $4 million, and aims to raise $8 million in rolling closings through the first half of 2016.
BIG’s vision is to combine the deep expertise of the Yale alumni base with the entrepreneurial talent emanating from the Yale community, to create a unique and powerful competitive advantage. Research shows that personal knowledge correlates with above-average angel returns. BIG General Partners have extensive operating experience and strong connections to Yale’s student and alumni base, which generates a pipeline of high-potential opportunities.
"The fund is dedicated to harnessing the power of the Yale community by connecting promising, early-stage companies led by Yale-affiliated entrepreneurs with alumni investors, advisors and talent"
Rob Quartel, Chairman of the Board of Directors
“The fund is dedicated to harnessing the power of the Yale community by connecting promising, early-stage companies led by Yale-affiliated entrepreneurs with alumni investors, advisors and talent,” says Rob Quartel, Chairman of the Board of Managers.
BIG’s message is simple and powerful – Yalies Backing Yalies. After a successful due diligence process, BIG has made initial investments in six companies, all of which were founded by Yale alumni. With mentoring and support, these entrepreneurs are well positioned for long-term success, and our investors are poised to benefit, as well.
Yale alumni have always been at the forefront of innovation and boasts one of the most loyal alumni communities. BIG’s objective is build on these strengths, fund and grow businesses started by Yale alums, and in doing so, change the world.
To learn more, please visit www.bulldoginnovationgroup.com.
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Source: Bulldog Innovation Group
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Tags: investment, Tech, VC, venture, Yale