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Key people at MIT Alumni Angels of Northern California.
MIT Alumni Angels of Northern California functions as an angel investment group dedicated to identifying, funding, and mentoring entrepreneurs. It strategically deploys capital into emerging science and technology startups, particularly those with strong R&D and intellectual property. The group harnesses the connections and leadership of its accredited MIT alumni investor network, leveraging their collective expertise for diligent assessment of opportunities in Silicon Valley.
The organization commenced operations in January 2014, co-founded by Lisheng Wang (SM ’04) and Swati Chaturvedi (SM ’04, MBA ’11). Their founding insight aimed to mobilize MIT graduates' capital, establishing a platform for deep-tech ventures. This initiative provides crucial early-stage funding and strategic guidance, drawing upon the founders' entrepreneurial and technical backgrounds.
MIT Alumni Angels connects startups seeking investment and guidance with accredited MIT alumni investors. Its mission is to facilitate the transition of technological advancements into viable commercial applications. The group envisions a future where its network fosters innovation, empowering entrepreneurs to scale their ventures and contribute to the technological landscape.
Key people at MIT Alumni Angels of Northern California.
MIT Alumni Angels of Northern California has 1 tracked investment across 1 company. The latest tracked deal is $5.5M Other Equity in Propel(X) in July 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 20, 2020 | Propel(X) | $5.5M Other Equity | — | JOE Boerio, SKY Saga Capital, ZhenFund |