Press Releases
Infinity Venture Group Introduces Infinity Fund I
Rockville, Maryland (February 9, 2004)
–
Infinity Venture Group (IVG) today announced the introduction of
Infinity Fund I. The seed stage fund is targeted to be
worth $30-50M and will be focused on the transfer of grant funded
university technologies into promising and profitable commercial
ventures.
"We believe Infinity Venture Group will deliver a
superior ROI at significantly reduced risk
because of our timing, our approach and our entry point," said Ed
Addison, Infinity Venture Group Executive Director. "There
is a large inventory of truly superior scientific
technologies that are grossly undervalued. We have the connections
to identify these opportunities and the expertise and capital to
help them become successful ventures."
The company's
directors will leverage
relationships with universities and technology labs within the
bioscience, IT and emerging technology fields in MD, MA and NC to identify
the best investment candidates.
Technologies being considered for inclusion in the
portfolio are evaluated and, if accepted, enrolled in IVG's six-step Commercialization Foundry.
The process provides a framework to analyze a technology's commercial
feasibility, valuation, and to develop the most effective business model for
economic return. The Commercialization Foundry also provides a framework for developing management to execute plans and
audit venture performance, and complete follow-through with ongoing
strategic planning and exit strategy management.
About Infinity Venture Group
Infinity Venture Group provides comprehensive venture management
consulting and capital to maximize the commercial value of
technology. We help to define, fund, and execute profitable
information technology, life sciences, greentech, and alternative
energy ventures. Infinity Venture Group has established relationships with universities,
government and corporate labs and has extensive experience
transitioning technology from the laboratory to the marketplace. For
information visit www.infinityvg.com.
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