University of Michigan commits $10m to Beijing-based VC Miracle Plus

University of Michigan commits $10m to Beijing-based VC Miracle Plus

Aerials view of Michigan Stadium as the sun rises during a Day in the Life of the University of Michigan on August 23, 2011.

The University of Michigan has approved a commitment of $10 million to Miracle Plus, a Beijing-based venture capital fund that invests in early-stage technology companies founded in China, according to a board document.

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