CAV Angels Hits $25M Milestone in Startup Investment

Investment Milestone : CAV Angels, an investment syndicate of University of Virginia affiliates, surpassed $25 million in startup investments since 2015.

Collaborations : Worked with Duke Capital Partners on inSomaBio due diligence, demonstrating cross-university collaboration.

Upcoming Deals : Planning investments in Nouveau BioSciences (oncology drug repurposing) and Ask Alex (AI-powered marketing software), led by UVa. alum Jordon Durst.

Organization Structure : CAV Angels has 160 accredited investors, no paid staff, and minimal administrative fees, focusing investments on UVa. connected companies.

Source: The Business Journals

(M.M.)