University of Mich.’s Frankel Fund Provides Seed Investment To Ambiq Micro
University of Michigan’s Frankel Commercialization Fund provided an initial investment to Ambiq Micro, which is developing microcontroller. The amount invested was not disclosed. Frankel Commercialization Fund is a student-led pre-seed investment vehicle. Ambiq Micro won a $250,000 prize in July from Draper Fisher Jurvetson and Cisco’s co-sponsored Global Business Plan Competition for university and business school students.
1 September 2010•4 mins read
