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2 October 2017

Goonewardene heads to Horizon Fund

Julie Goonewardene has been named as chief innovation officer of University of Texas System's Horizon Fund.

Author: Callum Cyrus, reporter

The University of Texas (UT) System's commercialisation vehicle Horizon Fund has appointed Julie Goonewardene as chief innovation officer (CIO).

Goonewardene takes on the CIO position while continuing to serve as UT System’s associate vice-chancellor for innovation and strategic investment, a role she has held since 2014, as well as chairman of UK-based diagnostics provider Diaceutics.

Goonewardene founded US-based software developer Cantilever Technologies, serving as the company’s CEO and overseeing an acquisition in 2004. In 2014, she was appointed as an innovation advisor to the US government’s Department of Commerce, standing down in May 2017.

Horizon Fund aims to help fund pre-seed stage spinouts from UT System, a group of 14 Texas universities. The vehicle's portfolio currently includes 18 spinouts and active commitments worth $50m.

– Image courtesy of LinkedIn

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