40 startups representing ten campuses of the University of California present themselves at an investor event
IRVINE, Calif., November 16, 2022–(BUSINESS WIRE)–Sunstone Management announced that it is an innovation sponsor of Born in California, a two-day, invitation-only start-up demo day hosted by the University of California, Irvine (UCI). The event, attended by 40 startups from all ten campuses of the University of California, allows founders to develop projects in life sciences, digital health, consumer, technology and sustainability, show demos and present to investors in one place.
Sunstone is sponsored by a charitable donation from the Sunstone Community Fund.
Born in California takes place on November 16th and 17th at The Cove, located in the UCI Research Park near the UCI campus – an epicenter for innovation and entrepreneurship in Southern California. Demo sessions and a connection and network building reception will be offered on the first day of the event, followed by startup pitches starting on Thursday. Each UC campus was invited to select up to five startups to present. Participants were selected by their respective campuses because they were investment worthy and fundable. Each company seeks either seed or Series A funding.
“As this year’s innovation sponsor, we are committed to nurturing the young entrepreneurship community within the California university system – and look forward to collaborating with some of the best and brightest at the second annual Born in California demo,” said John Keisler , CEO & Managing Partner of Sunstone Management. “Through the Sunstone Community Fund’s involvement in events like Born in California, this year’s attendees represent the next generation of founders who will fuel California’s economy for years to come, create new jobs and enable the state to remain at the center of innovation . “
“Born in California is the premier event showcasing companies developing products and services based on UC research, and we are excited to host the event again at UCI this year,” said Errol Arkilic, Chief Innovation Officer from the University of California, Irvine. “Investing in these companies helps ensure a bright and prosperous future for California and the nation, and we are thrilled to have Sunstone join us as an innovation sponsor again this year.”
This sponsorship is the latest example of Sunstone Management’s support of California’s entrepreneurship system and university founders through the Sunstone Community Fund. In October, Sunstone acted as the main sponsor for the CSU Demo Day 2022.
About Sunstone Management: A Financial Times (FT) America’s Fastest Growing Company
Sunstone Management is a Southern California-based diversified private equity sponsorship firm that invests in diverse early-stage technology entrepreneurs seeking to build great companies. We believe in the burgeoning power of the American economy to attract and inspire investors and entrepreneurs from around the world. We offer new and exciting opportunities for economic growth through the creation of innovative public-private partnerships and our unique experience in the government, education and private sectors.
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About the Sunstone Community Fund
The Sunstone Community Fund is a Donor Advised Fund administered by the National Philanthropic Trust. Driving non-profit programs that support the development of inclusive and vibrant entrepreneurial ecosystems is an important part of Sunstone Management’s vision. The SCF supports a network of universities, non-profit organizations and government agencies that develop and implement university-based entrepreneurship programs and early-stage technology accelerators, driving local economic development through inclusive entrepreneurship and innovation.
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