A local angel investor organization has set out to raise a $25-million venture capital fund.
Grand Rapids-based Grand Angels said yesterday it filed a form Regulation D with the Securities and Exchange Commission (SEC) to create Grand Angels Venture Fund III.
GA Fund III will invest in 12-15 "emerging companies" in four market segments: advanced manufacturing and materials; advanced technologies in agriculture and food; life sciences; and software.
Image: Paul D’Amato. Courtesy Grand Angels
