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AccessWire
https://www.accesswire.com/viewarticle.aspx?id=626145
January 27, 2021
Berkeley SkyDeck Fund, the official investment partner for top global startup accelerator UC Berkeley SkyDeck, has achieved a major milestone. The $23.5 million fund has completed more than 100 investments in just three years, making it one of the world's most active seed funds. The SkyDeck Fund is backed by Sequoia Capital, Sierra Ventures, Mayfield Fund, and Canvas Ventures, along with additional venture capital firms, individuals, and large corporations. "We are proud to support the fantastic entrepreneurial activity and leadership we have the privilege to witness through the Berkeley SkyDeck accelerator," said Chon Tang, the Fund's managing partner. "There's no other fund like ours. Not only do we invest in the future of innovative startups from every corner of the globe, but we also share half of the management's profits with UC Berkeley to help continue the university's mission of delivering excellence in education. Together, the university and the SkyDeck program are working to change the world." For more on this, see our press release at Berkeley News.