Acquire Investments: Akron-based $20-Million Venture Capital Fund Receives $3 Million Investment

Akron Fusion Investment Partners LP, I (AFI) is the largest fund to come out of the Akron region, and it is about to grow.

AFI’s general partner, Akron-based Acquire Investments, LLC, announced Thursday the agreement to merge AFI with the Akron Bioinvestment Fund II (ABF II) by the end of the second quarter this year.

“This collaboration is an example of the Akron region’s willingness to work together for the greater good of our community,” said Bill Manby, CEO of Acquire Investments. “Our goal is to accelerate start-ups and early-stage technology investments. The merger of ABF II into our fund will immediately impact these efforts.”

Click here to read the complete news release.

Release excerpt provided by Yahoo Finance.

Originally published May 16, 2019.