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August 22, 2024

Pack Ventures

Ken Horenstein

Pack Ventures, an independently run venture capital fund, is collaborating with the University of Washington to boost innovation and support entrepreneurial ventures emerging from the university. This collaboration provides opportunities for Husky alumni to invest in promising startups and will help bolster the UW's entrepreneurial ecosystem. The collaboration between the UW and Pack Ventures was formalized through a Memorandum of Understanding signed earlier this year. As a result, Pack Ventures became a preferred venture partner of the UW and CoMotion, the university's collaborative innovation hub. Leveraging this relationship, Pack Ventures has launched its second fund, aiming to raise $30 million to invest in startups with UW affiliations. The fund has already attracted over 50 investors. The UW is among the top institutions in the nation for securing federal research funds, receiving more than $1.5 billion in fiscal year 2023. Ken Horenstein is the founder of Pack Ventures and a UW alumnus. To date, Pack Ventures has raised over $10 million from more than 100 investors and invested in 29 companies connected to the UW, including those founded by faculty, students and alumni.




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