Icon Investments to become lead investor in Startup Nursery Fund II
Columbus, Ohio, June 3, 2022 /PRNewswire/ — Icon Investments will allocate $1.5 million as an anchor investor in the Startup Nursery Fund II (SUN Fund II). This follows their anchor allocation in the SUN I Fund.
“We are thrilled to attract a key investor of Icon’s caliber to help scale the startup incubator and leverage our successful track record of commercializing technology from leading research institutions,” said Flavio LobatoCIO of the SUN Fund II.
Icon’s team has extensive experience in global venture capital and entrepreneurship and brings invaluable access to the SUN Fund and its portfolio companies.
The SUN I Fund has done an incredible job of identifying and verifying technologies and building the right teams to help bring these technologies to market. Companies understand Nikola LaboratoriesCapture Collective, Matrix Food Technologies, TegoSens and many more.
The decision to re-engage with SUN Fund II shows our confidence in the strategy that annualizes beyond 40% and will enable SUN Fund II to bring the next generation of world-changing technologies to market.
SUN Fund II will launch in the second half of 2022 with the goal of commercializing technologies worth sharing with humanity.
About Icon investments:
Icon Investments is an investment firm specializing in unlisted investments in promising technology areas. The company has been investing in promising technology areas for eight years with a large global portfolio of companies.
About the Startup Nursery Fund II:
The Startup Nursery Fund II will focus on bringing technology to market by investing in breakthrough technologies being developed at leading research institutes and helping to bridge the gap between the lab and the market, so that these unique technologies can be shared with humanity. Visit www.startupnurseryfund.com for more information.
Media contact: Flavio Lobato
SOURCE Seed Incubator Fund (SUN Fund II)