News

CIT GAP Funds Invests in Riogin

CIT announced today that its CIT GAP Funds closed an investment in Riogin, a Charlottesville-based company that has solved many issues related to peptide...

CIT GAP Funds Invests in Private Practice

The Center for Innovative Technology announced today that its CIT GAP Funds closed an investment in Private Practice, a Charlottesville-based digital health...

CIT GAP Funds Portfolio Reaches New 100 Milestone with Investment in Neoantigenics

CIT announced today that its CIT GAP Funds’ portfolio reached 100 companies with an investment in Neoantigenics, a University of Virginia spin-out and...

CIT GAP Funds

Who We Are:

CIT GAP Funds is a family of seed- and early-stage investment funds placing near-equity and equity investments in Virginia-based technology, life science, and cleantech companies.  CIT GAP Funds invests in companies with a high potential for achieving rapid growth and generating significant economic return for entrepreneurs, co-investors and the Commonwealth of Virginia.  CIT’s family of funds includes:

  • GAP Fund I – A vintage 2004 fund fully invested in a broad array of seed-stage technology companies. Portfolio.
  • GAP BioLife Fund – A seed fund investing exclusively in life science companies. 
  • GAP Tech Fund – A seed fund investing in IT and technology companies.
  • Commonwealth Energy Fund (CEF), a seed fund investing in energy efficiency and renewable energy companies. 

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