News

CIT GAP Funds Invests in 4stay to Increase Lodging Opportunities on College Campuses

Online marketplace for student housing connects students, interns, and professionals with local hosts, roommates, and room providers

CIT GAP Funds Invests in Metallum3D to Increase the Accessibility of Cost Effective Metal 3D Printing

Startup offers affordable metal 3D printing materials and services to reduce the traditional limitations of this technology​

CIT to Promote Virginia’s Connected Entrepreneurial Ecosystem at Annual Tom Tom Summit & Festival

The Center for Innovative Technology (CIT) today announced their participation in the upcoming Tom Tom Summit & Festival in Charlottesville. Active in...

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. 
  • 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. 
  • Virginia Founders Fund, a seed fund designed to increase investment opportunities for Virginia-based entrepreneurs traditionally underrepresented in venture capital.