Portland venture fund Ideaship has raised a third fund totaling $4.7 million that it expects to invest in 40 companies by 2024.

Ideaship invests in companies to help with patents and patent strategy. The fund invests $100,000 at a time through what are essentially in-kind services from its parent company Global Technology Transfer Group. GTT is one of the few companies that works as a patent brokerage and consulting firm.

About Ideaship

Ideaship is a venture capital firm by Global Technology Transfer Group (GTT Group), currently deploying its third fund. In total, Ideaship funds have made more than 75 investments in startups developing novel intellectual property since 2018.

For more information, please visit ideashipfund.com.

Read the full article from Portand Inno: https://www.bizjournals.com/portland/inno/stories/fundings/2023/04/28/portland-ideaship-third-fund-investments-patents.html

This article was written by Malia Spencer of Portland Inno on April 28th, 2023