University of Michigan Board of Regents Minutes 2026-05-21
Regents Authorize Potential Equity Investments in Geminus.ai
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Description
The Board authorized Innovation Partnerships to enter into investment agreements with Geminus.ai Inc., enabling potential investments of up to 10% of managed fund assets in exchange for equity or future equity. The authorization creates no obligation to commit capital.
Contract Details
Contract Amount
Up to 10% of total assets under management of Innovation Partnerships Managed Funds (aggregate potential investment limit)
Vendor
GEMINUS.AI INC
Agency
University Of Michigan-Ann Arbor, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Renewal Info
Authorization covers one or more financing rounds up to the 10% asset cap; no automatic renewals or commitments.
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University of Michigan Board of Regents Minutes 2026-05-21
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University of Michigan Board of Regents Minutes 2026-05-21
University of Michigan Board of Regents Minutes 2026-05-21
University of Michigan Board of Regents Minutes 2026-05-21
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