Great North Labs — headed by a couple of seasoned entrepreneurs — has raised its first fund with $23.7 million in capital to invest in early-stage tech startups across the Upper Midwest in the U.S. The fund is based in St. Cloud and Minneapolis, Minnesota, with a partner located in Silicon Valley. This is one of the largest debut seed…
“ Venture Capital Investment Market Growth 2019 Fintech solutions provide alternative finance firms with a platform for investors to directly come across companies and individuals looking for equity financing and debt. The technology has enabled new players to take faster decisions, engage with customers more precisely, and run operations at low cost-to-income ratios compared with traditional banks. The low-interest rates…
More than a half-dozen venture capital firms have hit the road to raise at least $2 billion for their new funds this year, but they may be in for a rough ride as the industry emerges from its lows. Sequoia Capital India is raising the largest of the new funds, followed by Nexus Venture Partners. A slew of other VC…