Description:MIT Alumni Angels of Northern California is an organization dedicated to harnessing the strength of the MIT alumni network within Silicon Valley to conduct thorough technical diligence on emerging technology investment opportunities, irrespective of their affiliations. Established in January 2014, this group has been instrumental in providing millions of dollars in funding to startups, demonstrating a robust commitment to fostering innovation in the tech sector.
Membership in MIT Alumni Angels of NorCal is exclusively available to MIT alumni who qualify as accredited investors, ensuring that participants possess a significant level of expertise and financial capability. The group's focus is primarily on deep science and technology startups, particularly those that are supported by substantial research and development (R&D) efforts and possess valuable intellectual property (IP).
To facilitate connections between entrepreneurs and potential investors, MIT Alumni Angels of NorCal organizes pitch events at least once each quarter. These events create opportunities for startups to present their innovative ideas and technologies to a select audience of investors. Nearly half of the companies chosen to pitch at these gatherings ultimately secure investment, reflecting the group's discerning approach and the quality of the ventures it supports.
For those interested in learning more about MIT Alumni Angels of Northern California and their initiatives, additional information is available on their website at www.mitalumniangelsnorcal.com.