Heartland Ventures raises $52M second fund to draw coastal tech to Midwest industry

black circle with yellow H inside - Heartland Ventures Logo

Heartland Ventures has raised a $52 million second fund from leaders of legacy industries turning to the firm’s portfolio for productivity-boosting technology.

That’s three times larger than the $15 million first fund that launched in 2017 and has seen two portfolio companies acquired. The Columbus venture firm now has $142 million under management, including sidecar investments dedicated to specific portfolio companies.

Click here to read the complete story.

Story excerpt provided by Columbus Inno.

Written by Carrie Ghose.

Originally published November 15, 2022.

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