Detroit Venture Partners LLC, a venture capital firm that has filled the Madison Building in downtown Detroit with startup software companies, has closed on a first round of nearly $21 million as it raises its first formal fund
But DVP has ambitions far beyond what it can accomplish with $21 million. It hopes to finish its first fund at $60 million this year or early next year and soon after that begin raising a second fund of $120 million or more.
To read the full, original article click on this link: Fund by fund, metro Detroit rising as an 'epicenter' of venture capital | Crain's Detroit Business
