Posted June 29, 2009
Georgia Research Alliance venture fund closes on $18.75 million
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ATLANTA, Ga. —
The Georgia Research Alliance has closed on $18.75 million for a new venture capital fund targeting university-based spinouts.
The Atlanta Business Chronicle first reported the closing.
The GRA Venture Fund has a target of $30 million. It pools private and state funds.
Funds will be directed toward startups at the University of Georgia, Emory University, Georgia Tech and Georgia State University.
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