South Loop Ventures closes $21M fund in Houston to build up local tech ecosystem | TechCrunch

News Source : TechCrunch
News Summary
- South Loop Ventures, a Houston-based venture firm, announced a $21 million Fund I
- The firm, which launched in 2022, focuses on seed and pre-seed companies, with $400,000 as the average check size
- It also primarily hopes to focus on backing founders of color
South Loop Ventures, a Houstonbased venture firm, announced a $21 million Fund I, with Rice Management Company and Chevron Technology Ventures serving as anchor investors.The firm, which launched [+3707 chars]