UN R + D + i Tech Transfer

The firm originates deal flow directly from public university technology transfer offices and public research organizations, primarily within the Valencian Community. It identifies patented or patent-pending technologies that are available for exclusive licensing, then structures a dedicated startup entity around that license. This lab-to-company model bypasses the conventional accelerator and pitch-event funnel, giving the firm proprietary access to pre-commercial innovations that have not yet entered the startup market.

The firm does not operate as a university endowment or a captive venture arm of a specific university. It functions as an independent entity that partners with multiple technology transfer offices, including those of the University of Valencia, the Polytechnic University of Valencia, and CSIC centers in the region. These partnerships are transactional, governed by licensing agreements on a deal-by-deal basis rather than exclusive long-term mandates.

The firm's funding structure has not been publicly disclosed. It is not registered with Spain's CNMV as a venture capital fund manager under a commercially distributed fund, which suggests it either operates on a deal-by-deal basis, uses patient capital from a small group of partners, or invests a proprietary balance sheet. No record of a named fund vehicle or limited-partner raise has been published.

UN R + D + i Tech Transfer targets pre-seed and seed-stage companies, entering as the first institutional capital alongside public R&D grants. The firm structures its investments around equity-for-license transactions, where the founding startup receives an exclusive license in exchange for a founding equity stake. Ticket sizes have not been publicly disclosed, but are likely calibrated to support 12-to-24-month runway to reach a Series A-ready milestone.

While its headquarters and primary sourcing relationships are concentrated in Valencia, the firm's mandate is not legally constrained to the region. Its roster of technology transfer partnerships is centered on Valencian universities and CSIC institutes, but it may review IP from other Spanish or Southern European public research organizations where it can negotiate licensing terms. There is no public evidence of portfolio companies domiciled outside Spain.