# California Innovation Fund

> California Innovation Fund is a VC fund in Berkeley backing Biotechnology and Software. See 21 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Berkeley, United States
- Total investments: 21
- Last investment: Jul 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/california-innovation-fund/
- Website: https://www.californiainnovationfund.com/

California Innovation Fund is a VC fund in Berkeley focused on Biotechnology and Software. The California Innovation Fund provides venture funding and the backing of a strong community of UC alumni and faculty. As entrepreneurs, industry leaders, and friends, we do everything we can to help ground-breaking entrepreneurs succeed. We fuel the education of the next generation of entrepreneurs by re-investing 50% of our profit into thepublic University of California system. Financial investment is just one aspect of our commitment to startups. The California Innovation Fund community includes successful entrepreneurs, experienced C-suite leaders, UC faculty and subject matter experts all with a passion for helping UC affiliated startups succeed.We focus on industry agnostic early-stage startups looking to raise late seed/Series A rounds of finance. We will invest between $250K and $1 million with reserves for follow-on investment. We will support UC affiliated entrepreneurs who are solving significant, urgent problems that will create a positive future and better the public good.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Biotechnology | 5 | 24% |
| Software | 4 | 19% |
| Health Care | 4 | 19% |
| Artificial Intelligence | 4 | 19% |
| Medical | 2 | 10% |

41 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 8 | 38% |
| Series A | 7 | 33% |
| Venture - Series Unknown | 2 | 10% |
| Series D | 1 | 5% |
| Funding Round | 1 | 5% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 17 | 81% |
| Canada | 1 | 5% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Prosper Medical | Prosper Medical is a telemedicine platform that connects members with physicians for personalized healthcare services. | $16M | Seed | Jul 23, 2026 |  |
| Vivere Oncotherapies | Vivere develops targeted cancer therapies that activate the immune system to detect and destroy tumors using engineered bio-platforms. | $10M | Seed | Jan 13, 2026 |  |
| Resemble AI | Resemble AI creates custom voices using proprietary deep-learning models that can produce realistic speech synthesis. It allows users to transform their voice into the target voice with real-time speech-to-speech. Granular control over every inflection and intonation. | $13M |  | Dec 07, 2025 |  |
| TransCrypts | TransCrypts is a tool for Human Resource Departments to automate the issuance of employment and income verification documents using the blockchain. Our proprietary process not only saves HRs time, money, and headache in dealing with compliance but also gives employees total control over how their work information is being shared. | $15M | Seed | Oct 08, 2025 |  |
| Space Kinetic | Building resilient in-space supply lines. | $12M | Seed | Aug 13, 2025 |  |
| Cooler Heads | Cooler Heads develops cold caps designed for chemotherapy patients. | $11M | Series A | Jul 22, 2025 |  |
| General Counsel AI | General Counsel AI is web-based legal AI copilot for in-house counsel | $10M | Series A | May 29, 2025 |  |
| SixMap | SixMap is an information technology company that has developed an external attack surface management technology intended to detect and remediate network security policy. It specializes in the fields of network security, software, and cybersecurity. | $7M | Venture - Series Unknown | Apr 25, 2025 |  |
| MIIST Therapeutics | MIIST Therapeutics is a pulmonary drug delivery system and digital platform that enhances the science of inhaled drugs. In order to reduce the excessive quantity of death and sickness brought on by tobacco use, MIIST is actively developing technology that will be used as a smoking cessation therapy. | $7M | Seed | Feb 05, 2025 |  |
| Catena Biosciences | Catena Biosciences is a biotechnology company that offers protein conjugation, building biologic structures, and medical research. | $2.4M | Seed | May 10, 2024 |  |

10 of 21 investments shown.

## Co-investors
- [Freeflow Ventures](https://shizune.co/investors/profile/freeflow-ventures) — VC Fund, 3 deals together
- [Pioneer Fund](https://shizune.co/investors/profile/pioneer-fund) — VC Fund, 3 deals together
- [1517 Fund](https://shizune.co/investors/profile/1517-fund) — VC Fund, 2 deals together
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund, 2 deals together
- [BP Ventures](https://shizune.co/investors/profile/bp-ventures) — VC Fund, 2 deals together
- [IAG Capital Partners](https://shizune.co/investors/profile/iag-capital-partners) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does California Innovation Fund invest in?

California Innovation Fund invests primarily in Biotechnology, Software and Health Care startups, most often at Seed and Series A stage. Most of the 21 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did California Innovation Fund last invest?

The most recent investment recorded for California Innovation Fund closed in Jul 2026. Shizune tracks 21 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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