Max Planck Innovation Launches Early-Stage Fund
This article was originally published in Start Up
Executive Summary
Frustrated by the continued lack of early-stage VC funding for projects emerging from its laboratories, Max Planck Innovations GMBH is launching its own VC fund, DDC Ventures. The fund is just one component of an ambitious tech transfer initiative dubbed the "drug development center", which kicked off last year with the creation of a Lead Discovery Center in Dortmund, Germany.
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