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

Image for article 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]

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