Jackson Holtz
By Jackson
Pack Ventures partners with University of Washington, raises $30M fund to back UW founders
Pack Ventures, an independent VC fund, has formalized a partnership with the University of Washington and CoMotion to support UW-affiliated startups, launch its second fund, and is raising $30 million with over 50 investors so far. Founder Ken Horenstein says the fund will lower investment barriers for alumni, attract faculty and students, boost philanthropy, and he has pledged up to 2% of his personal proceeds to the UW.