The Midwest Fund launches, brings The Fund’s innovative investment strategy to a fifth market
A new investment fund is coming to Midwest cities, and it’s lead by names familiar to the local scenes. The aptly-named Midwest Fund targets early-stage startups from Pittsburgh to Chicago, from Detroit to Cincinnati, and everywhere in between. Unlike traditional venture capital funds, this one gets its funding from successful entrepreneurs looking for ways to reinvest in their regions.
The Midwest Fund was born from The Fund, an NYC-based venture capital group. Founded in 2018 by an all-star cast of Jenny Fielding, Katie Hunt, Adam Carver, and Matthew Brimer, The Fund has since expanded with micro-funds in Los Angeles, London, and the Boulder/Denver region. And with each expansion, local founders and investors are tapped to lead each region.