Cintrifuse invests in $75 million LA venture fund

Story excerpt provided by Cincinnati Enquirer.

Written by Fatima Hussein.

The Cintrifuse Early Stage Capital Fund recently invested in a $75 million Los Angeles-based venture capital fund, CrossCut Ventures.

Cintrifuse declined to disclose the investment amount. The investment will bring the knowledge and expertise of proven company builders to Cincinnati, Cintrifuse believes.

Cintrifuse is a business-led initiative to support local startups in the region by leveraging existing assets, and filling gaps that might force promising companies to leave the area. The non-profit organization maintains a network of funders, educators and talent in order to support startup companies throughout their life cycle.

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Originally published July 7, 2015.