Link to original article: http://redhookcapital.co/2019/05/rhc-pipeline-report-v19-19/

Report v19.19

RHC PIPELINE REPORT

• MIT Solve, a Cambridge, Mass.-based initiative of the Massachusetts Institute of Technology that advances lasting solutions from tech entrepreneurs to address the world’s most pressing problems, has launched a philanthropic venture fund
• Fuel Capital, a Burlingame, CA-based early-stage venture capital firm, closed its third fund, at $75M
• Universal Display Corporation (Nasdaq: OLED), a provider of technology and materials that enable energy-efficient displays and lighting, launched its corporate venture arm
• Philippines-based Kickstart Ventures, Inc., a wholly-owned subsidiary of Globe Telecom, was selected by Ayala Corporation (AC) to manage its new US$150m venture capital fund
• Gainline Capital Partners LP, a Stamford, CT-based private equity firm that invests in U.S.-based lower middle-market companies, closed its $155m debut fund