CincyTech to raise $100M fund, its largest to date, to back seed-stage startups across the Midwest
Seed-stage investment firm CincyTech is back in fundraising mode with plans to raise its sixth — and largest — fund to date, per a recent regulatory filing.
CincyTech, one of the most active seed funds Midwest, is looking to raise a $100 million “Fund VI,” according to a Securities and Exchange Commission notice.
Further details are scant at this stage. Officials declined to comment, which is typical since federal regulations restrict publicity during fundraising, but the filing states a first sale has yet to occur. CincyTech also disclosed it did not intend for the offering to last more than one year and set the minimum investment from outside investors at $250,000.
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Story excerpt provided by Cincy Inno.
Written by Liz Engel.
Originally published July 7, 2022.
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