Singapore, Aug. 5 -- Australia's Monash University has launched theMonash Ventures Pre-Seed Fund, a $15 million initiative developed in partnership with Breakthrough Victoria to support the commercialisation of research through investment in early-stage spinout companies.

Monash Ventures is a new initiative comprising the University's ventures and investment activities to help finance and nurture spinout companies. The Pre-Seed Fund is a cornerstone of Monash Ventures and will play a critical role in accelerating research translation and advancing Monash's innovation ecosystem.

Providing up to $1 million per company, the fund invests in spinouts emerging from Monash research with strong commercial and societal potential. Alongside capit...