AUBURN, AL — June 12, 2025 — Auburn Innovation Campus Ventures (AICV), a technology commercialization firm based at Auburn University's research corridor, announced today it has raised $5 million in Series A funding to expand its portfolio of early-stage deep tech companies and strengthen its pipeline of university-sourced intellectual property. The funding round was led by Birmingham-based Harbert Growth Partners, with participation from the Alabama Futures Fund and two undisclosed institutional investors. AICV plans to deploy the capital across six to eight emerging ventures over the next 18 months, focusing primarily on advanced manufacturing, agricultural technology, and defense-adjacent software solutions. "Auburn's research enterprise generates world-class innovation every year, and our mission is to ensure that innovation reaches the marketplace," said AICV Chief Executive Officer Margaret L. Hollis. "This investment gives us the resources to move faster and support founders at the earliest and most critical stages of company building." AICV currently manages a portfolio of 11 active ventures, three of which have achieved commercial revenue. The firm reports a combined portfolio valuation increase of 40% over the past fiscal year. State officials welcomed the announcement as further evidence of Alabama's growing technology economy. The Alabama Department of Commerce cited AICV as a model for translating public university research into private-sector job creation across the region. **About Auburn Innovation Campus Ventures:** Auburn Innovation Campus Ventures is a technology commercialization company partnered with Auburn University, dedicated to identifying, funding, and scaling breakthrough innovations from university research into market-ready businesses. AICV manages a diverse portfolio of early-stage ventures across science, engineering, and technology sectors. Learn more at aicventures.com. ---