Drive Capital launches $300 million second fund for Midwest startups
Drive Capital LLC has launched a $300 million fund to invest in Midwest startups, surpassing its first fund and catapulting the venture capital firm to more than a half-billion dollars under management. Co-founders Mark Kvamme and Chris Olsen, who started the firm in Columbus after leaving Sequoia Partners in Silicon Valley, said their thesis is […]
Qualcomm invested $23 Million In 5 Firms From India Venture Fund
Qualcomm on Monday said it has already invested $23 million (about Rs 150 crore) in five companies from the $150 million venture fund, which the electronics chip major had announced for India last September. Asked about an update on the company’s India investments, Qualcomm’s Executive Chairman Paul Jacobs, who met Telecom Minister and IT Minister […]
Rev1 Ventures, Ohio State University Launches $22 Million Seed Fund to Fuel High-Growth Startups
Today, Rev1Ventures, a top VC investor in the Great Lakes Region, announced the launch of Rev1 Fund I, the company’s most significant fund to-date and the largest seed-stage fund in Columbus history. A first-of-its-kind for the region, the corporate-backed fund is supported by Nationwide, The Ohio State University, Cardinal Health and other top Columbus companies […]