NC State University
1210 Varsity Drive, Raleigh, NC, 27606, United States
Overview
North Carolina State University is an educational institution that offers graduate and undergraduate programs. The university offers academic qualifications in engineering, agriculture, life sciences, textiles and design, natural resources, and management through 106 bachelor’s degrees, 104 master’s degrees, 61 doctoral degrees, and a Doctor of Veterinary Medicine. The University of North Carolina’s 17 campuses extend from the state’s mountains to the coast. More than 220,000 students are enrolled at 16 universities and the NC School of Science and Mathematics, the country’s first public residential high school for gifted students. North Carolina State University is one of the eight universities with a presence at the North Carolina Research Campus, where it operates a research and education organization devoted to food crops. In March 2008, the university also launched the University Sustainability Office in order to address environmental concerns on campus. North Carolina State University was founded on March 7, 1987.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Education
- Non Profit
- Universities
Investment portfolio
- Nufabrx
Participated · Series A · Oct 2021
Nufabrx develops proprietary technology to embed active pharmaceutical and therapeutic ingredients into apparel, creating a category it calls HealthWear. Founded in 2011 by Jordan Schindler with work alongside MIT scientists, the company spent years developing its platform. Its first commercial products are capsaicin-infused sleeves for targeted pain relief, and upcoming launches include maternity garments infused with shea butter and shapewear aimed at cellulite. Nufabrx says its products are available at most major retail locations nationwide and online at nufabrx.com, supported by a foundation of clinical data. Financially, the company closed an oversubscribed $10 million Series A equity round and has secured a new credit facility from a leading banking institution. Proceeds are intended to accelerate commercial efforts and R&D to bring dozens of applications to market via direct sales and platform licensing programs.
- Improved Nature
Participated · Equity · Oct 2018
Improved Nature makes shelf-stable, single-ingredient protein concentrate products that are activated by boiling in water and designed to mimic animal proteins in bite, texture, and taste. Its product lineup includes items such as Pork‑Free Cutlets, Beef‑Free Country‑Fried Steak, and BBQ Boneless Chicken‑Free Wings. The company was co‑founded in December 2015 by Richard Hawkins, Moshe Meidan, and partners from RDI Consulting. An initial $6 million corporate investment was used to buy equipment, commercialize the technology, and upfit the plant. The recent $3 million financing will fund expansion from a core team of seven senior managers, launch sales and marketing, add to senior management, and hire 10–15 employees. The company positions its technology for commercial markets to meet global demand for plant‑based proteins.