Earlybird-X spin-off U2V launches €60 million fund to back DeepTech startups from European tech universities
U2V, a spin-off from Earlybird-X, has launched its Fund I with a first closing of €60 million, targeting early-stage DeepTech startups originating from European tech universities. This initiative aims to bridge the gap between scientific breakthroughs and global commercialization, fostering the next generation of category-defining DeepTech companies in Europe. The fund's focus underscores the growing importance of translating academic research into tangible technological solutions. The fund will invest in pre-Seed and Seed-stage startups across Europe, with a focus on AI, novel computing, IndustrialTech, and CleanTech. U2V plans to make up to 25 investments, supported by professional investors including Jungheinrich via Uplift Ventures, family offices, serial founders, and industry managers. U2V's partners bring over 30 years of combined venture experience with more than 50 investments and 10 exits from previous funds. U2V's strategic approach involves providing strategic support, industry connections, and hands-on operational guidance to its portfolio companies. Operating from offices in Berlin, Aachen, and London, the firm leverages access to leading European tech universities and an industrial network of over 500 corporate partners. This model aims to provide portfolio companies with early pilot customers and structured go-to-market pathways. U2V's approach of combining academic and industrial networks could significantly boost Europe's digital sovereignty. By accelerating the commercialization of university-born technologies, U2V is helping to strengthen the continent's position in key technology areas like AI and CleanTech, fostering a more competitive and independent digital ecosystem.
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