Fitz Gate closes Fund III anchored by Rice’s Office of Innovation

Rice University main entrance

Photo by Katie Haugland Bowen via Wikimedia Commons, under a CC BY licence.

Rice University‘s Office of Innovation is one of the anchor investors in the third fund raised by Fitz Gate Ventures, an venture capital firm with a unique pipeline model whose portfolio includes spinouts from more than half a dozen universities.

A press release announcing the third fund’s close did not identify other limited partners. The firm now has approximately $70 million in total assets under management.

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