From The Chronicle of Higher Education – Read the article here
Opus Faveo is pleased to be featured in a recent article in the Chronicle of Higher Education. What do venture development firms do? According to the article, “they ‘de-risk’ the innovation in a startup and fatten it up enough for the venture-capital ﬁrms or big companies to swoop in. And they are becoming the new normal in commercialization, or tech transfer.” As venture capital firms and even angel funds now more commonly limit investments to lower-risk, later-stage companies, university tech transfer offices have begun looking to venture-development ﬁrms to ﬁll that vacuum by helping researchers and entrepreneurs raise seed capital and build their technology into viable businesses. Universities, who frequently have equity, and licensing interests in these new startups, see venture development firms like Opus Faveo as essential partners in improving the odds for successful commercialization.