UA-focused venture fund makes its first investments
A new, early stage venture capital firm aimed at supporting University of Arizona technology spinoffs has made its first three investments...
U Arizona-focused venture fund makes its first investments
UA Venture Capital Fund LLC, founded earlier this year by Tucson businessmen Fletcher McCusker and Michael Deitch, made investments in startups Codelucida, which has developed error-correction technology for data storage drives; Regulonix, which is commercializing a new kind of non-opioid painkiller; and Post.Bid.Ship., which is marketing an online trucking app that automatically connects shippers of goods with haulers.
The exact amount of each investment is confidential, but McCusker said the average investment was $2 million...
Tucsonan launches venture-capital fund to support UA tech start-ups
Local businessman Fletcher McCusker has founded a new venture-capital fund designed to support University of Arizona technology startups...