Toronto-based Genesys Capital will manage the VC fund, with the University of Toronto and McMaster University contributing up to $8 million and $5 million, respectively. The Ontario government will invest $10 million through Venture Ontario. RBC and the Temerty family, a major U of T donor, are also participating. (The Globe and Mail) Talking point: The Genesys University Seed Fund will primarily invest in life-sciences startups spun out of research done at U of T and McMaster.