Berkeley SkyDeck Ramps Up with New Fund and Digs

Fresh off of closing an oversubscribed $24 million venture fund, the University of California at Berkeley’s accelerator SkyDeck ­is working to become a revenue-generator for the university while investing in companies from all over the world.

Although the accelerator recently closed on the fund, it’s no stranger to startups. More than 300 companies have gone through Berkeley SkyDeck’s program since its inception in 2012 – having received non-equity assistance. Its recently launched venture arm – The Berkeley SkyDeck Fund – has started investing in startups by putting $100,000 in each company participating in the accelerator program.