June 13, 2013
Hyde Park Venture Partners announced today that it has closed its venture fund after hitting $25 million in commitments. This far exceeds the initial $20 million target, and it ensures seed and series A investments will be awarded to tech-enabled businesses, consumer companies, and health care companies.
“We will continue to nurture the innovation that is constantly emerging throughout the Midwest by investing in some of the region’s best entrepreneurs and those yet to be discovered,” says Guy Turner, managing director of Hyde Park Venture Partners.
Hyde Park Venture Partners is an early-stage venture capital firm that invests in upcoming and promising technologies across the Midwest alongside the Midwest’s largest angel investor organization, Hyde Park Angels.
Together, the two entities have a potent amount of experience, a dynamic network, and a high capacity for investments. Additionally, the advisers are quite talented and feature big names such as Gregg Kaplan, Sam Yagan, and Steve Farsht, who have worked on Redbox, OkCupid, and TechStars, respectively.
The resume for Hyde Park Venture Partners and Hyde Park Angles, assembled during their time together, is quite impressive. Moving forward, it will be exciting to see what gems can be dug up in the Midwest as they renew their efforts and commitment to the tech startup community.
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