Founded in 1999, the Athenaeum Fund provides seed funding to emerging Southern California technology companies. The fund has invested in start-up companies with a wide range of new technologies incorporated into products and services. The Fund anticipates investing in many companies that are associated with Caltech, the Jet Propulsion Laboratory, Pasadena's Biotech Corridor, and other major university research laboratories such as UCLA, USC, UCI, and the Keck Graduate College. The Athenaeum Fund focuses on start-up companies with initial capital needs of approximately $250,000 to $500,000, which will benefit significantly from the support and mentoring which the management team will provide. Anthenaeum is currently investing in its fourth fund.