Illinois Ventures Accelerates with Jacob Kinsey's Appointment.
Investor - People | Apr 09, 2025 | Illinois Ventures LLC
Illinois Ventures LLC, the venture capital arm of the University of Illinois System, has announced the appointment of Jacob Kinsey as Senior Director. This appointment comes alongside the launch of their fourth fund, which is focused on promoting deep tech ventures with a connection to Illinois. This move signifies Illinois Ventures' commitment to fostering innovative technologies and supporting start-ups that have their roots in Illinois' academic and research ecosystem. With Kinsey's leadership, the fund is expected to expand its outreach and impact within the tech community, further strengthening its role as a pivotal supporter of technological advancement.
Sectors
- Venture Capital
- Deep Technology
- Higher Education
Geography
- United States – Illinois Ventures and the University of Illinois System are based in the United States.
- Illinois – The focus on ventures with Illinois in their DNA highlights this state's geographic importance.
Industry
- Venture Capital – The article discusses Illinois Ventures, a venture capital firm launching a new fund.
- Deep Technology – The fund is focused on supporting deep tech ventures, indicating its relevance to this industry classification.
- Higher Education – Illinois Ventures is the VC arm of the University of Illinois System, linking the initiative to the higher education sector.
Financials
- Fourth Fund – Illinois Ventures launched its fourth fund dedicated to deep tech ventures.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Illinois Ventures LLC | PE Firm | Company | The venture capital arm of the University of Illinois System. |
| Jacob Kinsey | Senior Director | Person | Recently appointed Senior Director at Illinois Ventures. |
| University of Illinois System | Parent Organization | Company | The parent organization of Illinois Ventures, focusing on higher education. |