Lang Fund Page

Official Lang Fund program page at Columbia Business School. Established in 1996 with $1M gift from Eugene M. Lang. The Lang Fund is an early-stage equity investment fund for CBS students and alumni.

• $25K investment for graduating student ventures (fast-tracked for additional up to $50K)
• $50K-$100K investments for alumni ventures
• Takes equity via SAFE, convertible note, or preferred stock
• 75+ ventures funded
• 64+ investments (CB Insights)
• Portfolio exit: AVEC (November 2025)
• Investment terms: must be raising at least $500K, half hard circled, priced or valuation cap
• Geographically- and sector-agnostic

• Exact total number of invested dollars not specified
• Investment amounts vary by cycle ($225K to 4 student ventures in 2019)

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