NEW ORLEANS (press release) — 1834 Ventures, an early-stage venture capital firm, announced the launch of its inaugural $20 million fund to invest in startups founded by Tulane University alumni, faculty, and extended community—including those who have engaged with Tulane programs, partnerships, or innovation initiatives.
1834 Ventures has completed a $4.4 million first close, with 30 investors across 11 states. The fund has already backed its first two startups and is actively sourcing new opportunities. By leveraging Tulane’s national alumni network, 1834 Ventures is channeling capital into Louisiana with the goal of building a more vibrant startup ecosystem, diversifying the state’s economy, reversing brain drain, and relocating companies back home.
Named after the founding year of Tulane University, 1834 Ventures is not affiliated with the university but was created to support and invest in innovation emerging from its extended community. With over $80 billion in enterprise value generated by alumni-led businesses, the fund aims to tap into a robust alumni network yet undercapitalized entrepreneurial pipeline.
Full story: 1834 Ventures Launches $20M for Tulane Startups – Biz New Orleans
