San Diego Research & Innovation Venture Capital

The First
Dedicated Fund for
the UC San Diego Community.

An independent venture fund investing in people from San Diego's leading research and innovation ecosystem. Modelled on Berkeley's House Fund.

“Community over credit. Growth over greed. Many over mine.”

$17B
Financed by UC San Diego companies since 2015
$1.73B
Annual R&D enterprise · #7 NSF
500+
FY2025 invention disclosures
Our Thesis

Berkeley has 8+ campus venture funds. UC San Diego has zero. Until now.

UC San Diego is the #1 campus for new inventions in the entire UC system — 1 in 4 UC inventions are disclosed here, and 1 in 5 active UC-system US patents are managed by UC San Diego — atop a $1.73B annual research enterprise. Yet no dedicated institutional VC fund serves the full UC San Diego community. The Shores Fund is modelled on The House Fund of Berkeley, which grew from a $6M first fund to $227M raised across three funds with $700M+ in reported portfolio value.

A proven blueprint

The House Fund of Berkeley started with $6M and zero investment history. Three funds later: 130+ investments, 6–7 unicorns created by portfolio founders, and stakes in Databricks ($134B), Perplexity ($22.6B), and Flexport ($8B).

Community Investment Advisors

The Shores Fund will actively engage with members of the UC San Diego community to engage as investment advisors on the latest technologies being reviewed.

25% of the GP's carry shared with UC San Diego

The Shores Fund partners are allocating 25% of the GP's carry (Fund I) directly to UC San Diego entrepreneurship resources — the Horizon Accelerator, the Poseidon Fellows program, and campus ventures — non-dilutive to LPs.

Community-first sourcing

Daily presence in the community, operator mentorship, and a 265,000-strong UC San Diego alumni network of advisors, investors, and opportunities.

Who We Serve

Built for founders.
Trusted by investors.

01
Founders
UC San Diego faculty, staff, students, and alumni building across Life Sciences and Technology, with special emphasis on AI/ML. We support ambitious teams from the earliest stages and remain committed as they grow.
02
LPs & Investors
Strategic partners who bring more than capital — industry expertise, informed perspective, and network access. Investor materials are shared privately following eligibility and relationship review.
03
Partners & Operators
Advisors, mentors, and operators who want a front-row seat to the UC San Diego community's most ambitious ventures. Help us build the network.
Community Registry

Join The Shores
Fund Network.

Join a community of UC San Diego founders, researchers, operators, and supporters. Members receive event invitations and may be invited to The Pacific, our private member network.

Investor materials are not available through this form.

You agree to communication with The Shores Fund.
We will never sell your information.

I am a —
UC San Diego Affiliated
Venture Capitalist
Partner / Operator
General Interest
UC San Diego Ecosystem

Independent — with access no other fund can match.

The Shores Fund is an independent organization — not affiliated with UC San Diego or the University of California - Cal. Ed. Code § 92000 & UC San Diego PPM 510-10. The Shores Fund will actively engage with members of the UC San Diego community to engage as investment advisors on the latest technologies being reviewed, alongside a Silicon Valley network built on 20+ years of VC relationships.

Community
Community Investment Advisors
The Shores Fund will actively engage with members of the UC San Diego community to engage as investment advisors on the latest technologies being reviewed.
Acceleration
Y Combinator & SkyDeck
Direct relationships to Y Combinator leadership and SkyDeck, with prioritized consideration for UC San Diego startups at top accelerators.
Campus Programs
Poseidon Fellows & Campus Ventures
Funded through the GP's shared carry — enhancing entrepreneurship infrastructure and grassroots and academic ventures across campus.
Silicon Valley Network
Direct VC Fund Investment Relationships
LP relationships with top-tier Silicon Valley funds, direct relationships with limited partners across major VC funds, and deal flow partnerships with institutional-grade venture funds — built on 20+ years of VC relationships.
Team & Community Investment Advisors

Three partners.
Decades of experience.

GP
Patrick Giblin
Managing Partner. Fearless entrepreneur with over 30 years of experience. UC San Diego Entrepreneurship Center Advisory Board Member and Advisory Board Member to UC San Diego Horizon Accelerator.
LinkedIn profile ↗
GP
John Coelho
Partner. LP investor with 20 years of experience. Joined StepStone Group in 2007 and brings end-to-end experience building a global investment platform. As of March 31, 2026, StepStone reported $233B in assets under management and $885B in total capital responsibility.
LinkedIn profile ↗
GP
David Pelling
Partner. Family fund manager with extensive investment strategy background. UC San Diego Entrepreneurship Center Advisory Board Member and Advisory Board Member to UC San Diego Horizon Accelerator.
LinkedIn profile ↗
Events & Calendar

Where we'll be.

Jul
18

The Shores Fund Launch Event

Horizon Accelerator · La Jolla, CA

Aug
05

Founder Demo Day — Cohort 3

Rady School of Management

Aug
22

LP Interest Meeting

Virtual — by invite only Invite

Sep
10

Fall Startup Mixer

Design Innovation Building, UC San Diego

RSVP for Events

RSVP for public Shores Fund events below. Attendees join our community list and receive event details by email. Investor meetings are by personal invitation only and are not open for public registration.

Community events are free and open to the UC San Diego ecosystem.
Investor Materials

The case for The Shores Fund.

Our v1.2 pitch deck lays out the fund thesis, market opportunity, team background, and financial projections. Investor materials are provided only after an eligibility questionnaire and individualized relationship review.

The Shores Fund — Investor Deck

Eligibility review required · v1.2 · Click to request access

Press Kit

Everything you need
to cover The Shores Fund.

Approved assets, stats, bios, and boilerplate — all in one place so no journalist has to email us at 11pm.

Logos & Brand Assets

Light, dark, and monochrome versions with our approved color palette.

Fund Statistics

$17B financed by UC San Diego companies since 2015 · $1.73B annual R&D enterprise · 931+ invention disclosures over two years · $24M FY2024 licensing income.

Team Bios & Headshots

Hi-res headshots and approved bios for Patrick Giblin, John Coelho, and David Pelling.

Leadership Profiles

Connect with The Shores Fund partners through the verified LinkedIn links in the team section.