TechCrunch: Grand Ventures announces first fund, targets Midwest startups

There’s a new venture fund in Michigan and it aims to have deep pockets. Grand Ventures is the result of longtime Michigan businessman McKeel Hagerty teaming up with Huron River Venture co-founder Tim Streit. The two came together to found Grand Ventures and an SEC filing reveals the venture firm is looking to raise up to $50M for its first fund.

 

The firm is based out of Grand Rapids, Mich. and are looking to fund early stage technology companies with Midwest ties.

 

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