UC Investments is the University of California’s Oakland-based Office of the Chief Investment Officer, an institutional investor managing UC investment pools and retirement assets. It allocates capital as a university-affiliated investor and has direct U.S. venture activity, including seed and later-stage financings and co-led AI investments. Its observed venture exposure includes AI and machine learning, data, biotechnology, life sciences, media, finance and TMT, making it more relevant to founders connected to UC or institutional-capital-backed opportunities than to those seeking a conventional VC fund.