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In another fund created to support the startup ecosystem, PES University and CoCreate Ventures have come together to roll out a fund that operates in the pre-prototype phase, focusing on industry professionals, student entrepreneurs, and academicians.
The fund, called PESU Venture Labs, provides up to $150,000 in funding and other services to help companies build products and test out unit economics.
“PVL was set up with the objectives of making the brightest of our students, entrepreneurs, leveraging entrepreneurship to fund researchers and students, and creating a funnel of fundable, deep-tech companies for the VC ecosystem from the campus,” said Suresh Narasimha, a
