A newly created venture capital fund from Pittsburgh may be coming to Northeast Ohio — if it can hit its fundraising goal.
Corridor Venture Partners is in the process of raising capital for its first fund, and is targeting Cleveland due to the city’s abundance of healthcare investment opportunities, from medical devices to diagnostics to health IT.
The fund is aiming for an initial closing of $20 million and would look to add an office in Cleveland if it’s able to hit $50 million, co-founder Gary Glausser told the Pittsburgh Tribune-Review. Corridor is in discussions with BioEnterprise, a Cleveland nonprofit that helps biomedical firms with business development.
To read the full, original article click on this link: New Pittsburgh venture fund eyes Cleveland location
Author:
