Triangle venture fund Front Porch raises more than $12.5M in new round
Front Porch Venture Partners has raised more than $12.5 million for its second fund, focusing on the Southeast startup ecosystem. He are the details.
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southeast venture capital firms
Southeast, North Carolina, see growing activity in venture capital, 2019-2021
There’s a ‘flywheel’ effect occurring in the Southeast, the co-author of a new report on venture capital firms in the region says. That’s a great sign for the future success of entrepreneurial economies in the region, including North Carolina’s.
Read MoreHow to Get a Piece of BCVP’s $26M Fund
And it’s proof that this region—and other second and third-tier cities across the Mid-Atlantic and Southeast—have businesses worthy of investors’ time and dollars. “One of the greatest return potentials in the venture marketplace is the small end of the market. We think we can generate outsized returns for our investors by investing in these smaller U.S. venture funds,” BCVP investor Roland Reynolds told me last week. He’s a managing director at Industry Ventures, a Silicon Valley firm with $1.75 billion under management and a fund of funds now invested in the most recent two of the men’s funds. What...
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