Advosense

GF BRYCK Ventures is an early-stage investment fund targeting spinouts from Ruhr University Bochum, TU Dortmund, and the University of Duisburg-Essen. It invests €300,000 per company, targeting 10 to 20 investments per year. The fund builds on a partnership between BRYCK, a German innovation and startup hub, and the University Alliance Ruhr, comprising the three aforementioned universities, which began in 2023 to foster more startups and spinouts. The fund is managed by Gründerfonds Ruhr, with the entire €10 million commitment coming from the RAG-Stiftung, a private foundation that finances the long-term obligations of Germany’s former coal mining operations in the…