Castor Ventures Fund Launches for MIT Community Engagement
Funding | Jul 27, 2025 | Alumni Ventures Group LLC
Alumni Ventures Group LLC is launching its Castor Ventures Fund designed specifically for the MIT community and its network. The fund aims to leverage the vast pool of innovation and entrepreneurship connected to MIT. In an upcoming introductory session, key figures from Alumni Ventures, Chris Sklarin and Evy Chen, will elucidate the fund's purpose, operations, and benefits to potential stakeholders. Castor Ventures represents a niche opportunity for the MIT alumni network to engage in venture capital, fostering innovations that resonate with the institution's ethos.
Sectors
- Venture Capital
- Higher Education
Geography
- United States – The fund is designed for the MIT community, which is based in the United States.
- Massachusetts – MIT, the primary focus of the fund, is located in Massachusetts, USA.
Industry
- Venture Capital – The article discusses the launch of a venture capital fund, targeting investments in the MIT community.
- Higher Education – The fund is specifically aimed at the MIT community, involving educational stakeholders and alumni.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Alumni Ventures Group LLC | PE Firm | Company | A private equity firm launching the Castor Ventures Fund aimed at the MIT community. |
| Castor Ventures | Target Fund | Company | A venture fund launched by Alumni Ventures for the MIT community and its network. |
| Chris Sklarin | Key Speaker | Person | Representative of Alumni Ventures, involved in the introductory session for Castor Ventures. |
| Evy Chen | Key Speaker | Person | Representative of Alumni Ventures, involved in the introductory session for Castor Ventures. |