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§ Venture Capital · Houston, TX, USA
Key people at UC-RNT Fund.
UC-RNT Fund operates as an alternative investment vehicle, strategically deploying capital into disruptive, technology-oriented businesses. The fund primarily targets promising enterprises globally, with a notable emphasis on fostering innovation within the Indian startup ecosystem. It employs a founder-centric approach, committing to long-term partnerships that support the developmental trajectory of its portfolio companies across various sectors.
The fund was established in 2015 through a collaborative effort between RNT Associates, representing the renowned industrialist Ratan Tata, and the University of California. This partnership was formed from the insight that the University of California sought to deepen its engagement and investment in India's burgeoning startup landscape. Ratan Tata's extensive experience and vision for entrepreneurial growth provided a strong foundation for this new venture.
UC-RNT Fund's mandate is to identify and empower innovative companies, serving as a vital capital and strategic partner for their growth and success. It supports a diverse range of enterprises aiming to introduce novel solutions to market challenges. The fund's vision is centered on cultivating a robust portfolio of businesses that will drive forward technological advancement and economic development.
Key people at UC-RNT Fund.
UC-RNT Fund has 5 tracked investments across 4 companies. The latest tracked deal is $158.0M Series B in TORL BioTherapeutics in April 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 13, 2023 | TORL BioTherapeutics | $158.0M Series B | Amit Sinha | Alexandria Venture Investments, Bristol Myers Squibb, Cowen Healthcare Investments, Deep Track Capital, OCV Partners, Perceptive Xontogeny Venture Fund, Vertex Ventures HC |
| Sep 3, 2020 | Livspace | $90.0M Series D | Kharis Capital, Nicholas Cator | Bessemer Venture Partners, EDBI, FFP, Goldman Sachs, Ingka Investments, PSA Group, TPG Growth |
| Jan 10, 2018 | Livspace | $6.0M Other Equity | — | Gokul Rajaram, Rajeev Madhavan |
| Dec 4, 2017 | NestAway | $50.0M Other Equity | UC RNT Fund | Chiratae Ventures, Tiger Global |
| Feb 5, 2015 | Cult.fit | $25.0M Series B | — | Accel, IDG Ventures, Vani Kola |