Our Crowdfunding Groups
Thanks to generous and visionary backers like you, UT Austin’s startup investment fund achieved record breaking funding goals within 1 week of the Hornraiser campaign launch. Together, we have shown the world how UT Austin is a world class University dedicated to entrepreneurship and innovation!
At the same time, UT startups funded by Genesis are celebrating great achievements over the past week as two of our portfolio companies raised over $200,000 in follow-on funding from WeWork and Capital Factory.
Krew, the long distance ride sharing startup featured by KXAN news, won the $25,000 UT Austin Investment Challenge by Capital Factory. In San Francisco, Elite Sweets, the protein food company founded by UT athletes, pharmacy, and economics students, took home the $180,000 investment prize from the high-profile “WeWork Creator Awards” competition. The competition drew over 1300 applications from across the Western United States and British Columbia. Genesis was the first investor in Krew and Elite Sweets.
Genesis was built on an interdisciplinary foundation of alumni and students, and our 70 backers are just as diverse as the program. With backgrounds in engineering, business, finance, marketing, health and more, Genesis has united a broad spectrum of Longhorn fans.
Here are a few of the entrepreneurial leaders backing Genesis:
Genesis is a movement at the University of Texas, and we’re just getting started. There are 20 days left to back the Genesis Hornraiser. Be excited and please continue to share the news about our fund with those who share our vision.
Thank you all for partnering with us to unlock entrepreneurship at UT Austin! Hook ‘em!
Friends of UT Entrepreneurship!
Our HornRaiser has been live for just a day, and we're thrilled to report we’ve raised over $125,000! The Genesis Program is grateful to each and every supporter for their generosity and for spreading the word about our campaign.
We're proud to see so many Genesis Program team members and Austin entrepreneurs among our first supporters. Read about why people are so excited about Genesis here (penned by Joshua Baer, Executive Director at Capital Factory.)
Keep spreading the word, and hook 'em horns!
Over 200 ventures have applied to Genesis for funding, and the 16 funded companies are working on big data, artificial intelligence, drones, biotech, materials, and consumer packaged goods.
Genesis has funded 35 student entrepreneurs. Of those students, 29 were undergraduate students, and 6 were graduate students.
Genesis companies have collectively secured over $100,000 in follow-on investment after receiving Genesis funding.
Genesis Portfolio founders are diverse. Students majoring in Engineering, Biology, Communications, Nutrition, Business, and Neuroscience have received funding.
Every student Partner in the Genesis Program has made a personal donation to the organization.
Genesis Program is the first of its kind at UT Austin to engage alumni, students, and university leaders to fund and empower student entrepreneurs and investors.
