Uni.Fund (http://uni.fund) is one of the new funds established through the fund-of-funds Venture Capital Fund (Equifund) focusing on Innovation Window and Technology Transfer.
The aim of the fund is to provide funding to new startups and to create a new philosophy in the Greek business ecosystem, universities and research centers.
Its initial capital is €27 million, and it is expected to rise to as much as €40 million. Besides the Equifund fund-of-funds, which is represented by the European Investment Fund (EIF), other private investors are participating in Uni.Fund, including National Bank of Greece and the Alexandros S. Onassis Foundation.
The key target groups are teams and businesses at the pre-seed and seed stages working in the area of ICT and e-business (e.g., ICT, IoT, health-tech, fin-tech, insurance-tech), with innovative products or services (e.g. in trade, agrofood, maritime, tourism, health etc.), as well as the broader technology sector (materials, energy informatics, environment etc.).
The initiative aspires to build the foundations for a healthy and sustainable business ecosystem in Greece and to generate value by fostering innovative enterprises. Uni.Fund will support the teams that will be financed so as to help them develop their human resources, implement tried and tested go-to-market strategies, and pursue growth in Greece and abroad.