Fundraising

Oklahoma might not be the first place that comes to mind when you think of venture capital, but that’s exactly what makes it such a compelling destination for founders. With a rapidly evolving startup scene, a surge of investment in sectors like aerospace, life sciences, and B2B tech, and a growing roster of VC firms committed to underserved markets, Oklahoma is quietly becoming one of the most founder-friendly ecosystems in the country. Thanks to initiatives like the Midcon VC Summit and federal investments in autonomous systems, Tulsa's emergence as a national tech hub has helped shine a spotlight on the state’s potential. Combine that with a low cost of living, a collaborative community, and access to top-tier talent from regional universities, and it’s easy to see why more founders are choosing to build and fundraise in Oklahoma. In this guide, we’ll highlight the top VCs you need to know—from established funds like Cortado Ventures and Atento Capital to specialized firms supporting life sciences and frontier tech. Whether you're a local entrepreneur or considering a move, these investors are driving real momentum—and they might just be the partners your startup needs. Top VCs in Oklahoma Spur Capital About: Spur Capital has built enduring relationships across the venture landscape and invests primarily in early-stage technology and life science funds. SeedStep Angels About: SeedStep Angels is a group of accredited angel investors comprised of successful entrepreneurs and business leaders in Oklahoma. Traction metrics requirements: Companies may be seed stage, but should have a prototype or a completed product or service that has been sold or has generated significant interest among prospective clients. Oklahome Life Science Fund About: The Oklahoma Life Science Fund, LLC (OLSF) is an early-stage venture capital fund that provides promising Oklahoma life science startups with the capital and guidance they need to grow. Since its inception in 2000, OLSF has been the single largest driver of attracting private equity capital to the state of Oklahoma. Cortado Ventures About: Based in Oklahoma City, Cortado Ventures is an early-stage VC firm focused on ambitious, growth-driven companies in Oklahoma and the Midcontinent. They invest in B2B tech, energy, logistics, and healthcare/life sciences. Atento Capital About: Atento Capital is a Tulsa-based venture capital firm focused on unlocking unsung potential in early-stage founders through providing access to venture capital, human capital and expanded professional networks. Atento Capital has created pathways to upward mobility and helped dozens of companies and entrepreneurs thrive in Tulsa’s tech ecosystem by democratizing access to venture capital for traditionally underinvested groups of people. Victorum Capital At Victorum Capital, our commitment to investing in tech startups drives us to identify and nurture the most promising early-stage technology companies across the U.S. Plains Ventures We're an early-stage VC that invests in entrepreneurs and innovative technology between the coasts. For founders, Plains Ventures helps navigate the startup journey by providing consistent guidance and a source of early-stage capital. For investors, we are a trusted source for access to high-growth venture opportunities between the coasts. Navigating Oklahoma's Startup Ecosystem: Trends, Opportunities, and Challenges Oklahoma’s startup ecosystem is rapidly evolving, offering founders a unique blend of opportunity, support, and innovation. Whether you’re building in Tulsa, Oklahoma City, or beyond, understanding the local landscape can give you a real edge as you fundraise and scale. Key Trends Shaping Oklahoma’s Startup Scene Oklahoma is no longer just about oil and agriculture. The state is now a vibrant hub for technology, aerospace, biotech, and fintech startups. Tulsa, in particular, is making headlines as a tech innovation center, thanks to major events like the annual Midcon VC Summit, which recently attracted over 400 founders and$1 trillion in investable capital. This summit, hosted by Cortado Ventures and the Foundation for Unleashing the Startup Ecosystem, is a testament to the region’s growing influence and ability to draw national attention to local startups Journal Record. Recent investments, such as the$51 million federal grant to the Tulsa Hub for Equitable and Trustworthy Autonomy, are fueling growth in autonomous systems and aerospace—Oklahoma’s second-largest industry. The state’s low cost of living, strong workforce, and access to talent are also drawing both startups and investors to the region. Opportunities for Founders Launching a startup in Oklahoma comes with several advantages: Lower Operating Costs: Founders can stretch their runway further thanks to affordable office space, housing, and labor. Access to Talent: With universities like the University of Oklahoma and Oklahoma State University, there’s a steady pipeline of skilled graduates and workforce development programs Startup OU. Supportive Community: The local startup community is known for its collaborative spirit, with founders, investors, and organizations eager to help each other succeed. Challenges to Anticipate While the ecosystem is growing, founders should be aware of a few hurdles: Access to Capital: Although VC activity is increasing, Oklahoma still lags behind coastal hubs in terms of available venture funding. Building relationships with local and regional investors is key. Talent Acquisition: While there’s a strong talent pool, competition for top tech talent can be fierce, especially as more startups launch and scale. Market Reach: Oklahoma’s market is smaller than those in larger states, so founders often need to think regionally or nationally from day one. Networking Opportunities and Local Resources Oklahoma’s startup calendar is packed with events that connect founders to investors, mentors, and peers. Some of the most valuable opportunities include: Midcon VC Summit: The state’s flagship event for founders and investors, held annually in Tulsa Journal Record. Startup Grind Tulsa & OKC: Regular meetups for founders to share stories, pitch ideas, and build relationships StartupTUL. Demo Days: Events like i2E Bridge2 Demo Day and Build in Tulsa TechStars Demo Day spotlight early-stage founders and connect them with investors and the broader community. Accelerators and Incubators: Programs like gener8tor OKC and The Catalyst Accelerator offer mentorship, funding, and resources tailored to Oklahoma startups. Pitch Events and Demo Days to Know in Oklahoma For founders, nothing beats the energy of pitching live to a room full of investors, mentors, and fellow entrepreneurs. Oklahoma’s startup ecosystem is packed with high-impact pitch events and demo days that offer invaluable exposure, feedback, and—most importantly—direct access to capital. Here are the must-know opportunities for 2025 and beyond: Midcon VC Summit Tulsa’s Midcon VC Summit has quickly become the flagship event for the region’s startup and investment community. Drawing over 400 founders and $1 trillion in investable capital, this summit is a magnet for VCs, angel investors, and corporate partners. The event is known for its curated pitch sessions, networking, and panels featuring top investors and founders. If you want to get on the radar of Oklahoma’s most active VCs, this is the place to be. Build in Tulsa Techstars Demo Day This annual event is the culmination of the Build in Tulsa Techstars Accelerator, spotlighting some of the most promising Black and underrepresented founders in the region. Demo Day is a high-energy showcase where founders pitch to a packed house of investors, mentors, and community leaders. The event is open to the public and is a great opportunity for networking and inspiration. Bridge2 Demo Day (i2E) Hosted by i2E, Bridge2 Demo Day is a high-profile event that features early-stage founders from across Oklahoma. Startups present their companies to a panel of investors and industry experts, often leading to follow-up meetings and funding opportunities. The event is known for its supportive atmosphere and strong investor turnout. Startup Grind Tulsa & OKC Both Tulsa and Oklahoma City have active Startup Grind chapters, hosting regular pitch nights, fireside chats, and networking events. These gatherings are ideal for early-stage founders looking to practice their pitch, get feedback, and connect with local investors in a more informal setting.Startup Grind Tulsa | Startup Grind OKC Startup World Cup – Oklahoma Regional Powered by Pegasus Tech Ventures and hosted by Gradient, the Oklahoma regional of the Startup World Cup is a major annual competition. The winner earns a spot at the global finals in San Francisco, competing for a $1 million investment. The event features top startups from across the state, expert judges, and a packed audience of investors and supporters. GridX to Tulsa Demo Day The GridX to Tulsa Demo Day is a showcase for biotech and deep tech startups, this event brings together founders, VCs, and thought leaders to highlight innovation in sustainability, health, agriculture, and food. Oklahoma Innovation Conference & Expo Oklahoma Innovation Conference & Expo is hosted by OCAST, this two-day event is the state’s premier gathering for entrepreneurs, investors, and industry leaders. It features pitch competitions, innovation showcases, and extensive networking opportunities. Female Founders Pitch Night (Build in Tulsa) Female Founders Pitch Night is a dedicated pitch event for female-founded, tech-enabled startups, this night is designed to elevate women entrepreneurs and connect them with investors and mentors. gener8tor Oklahoma City Showcase gener8tor Oklahoma City Showcase highlights the latest cohort of gener8tor’s accelerator program, giving founders a platform to pitch to investors and the broader community. Connect With Investors in Oklahoma Using Visible At Visible, we often times compare a fundraise to a B2B sales and marketing funnel. At the top of your funnel, you are finding new investors. In the middle, you are nurturing and pitching potential investors. At the bottom of the funnel, you are working through diligence and ideally closing new investors. With the introduction of data rooms, you can now manage every aspect of your fundraising funnel with Visible. Find investors at the top of your funnel with our free investor database, Visible Connect and find a filtered list of Oklahoma's investors here. Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms Manage your fundraise from start to finish with Visible. Give it a free try for 14 days here.

Virginia's startup ecosystem is booming, attracting founders with its unique blend of strategic advantages and supportive resources. In 2024, the GO Virginia State Board approved $22.7 million in funding for collaborative economic development projects, leveraging an additional $15.5 million in non-state investments, signaling a strong commitment to fostering innovation and growth. With its proximity to Washington, D.C., thriving tech and biotech sectors, and world-class universities, Virginia offers a fertile ground for startups across various industries. This guide is your roadmap to navigating Virginia's venture capital scene. We'll explore the key trends defining the ecosystem, spotlight the innovative startup hubs across the state, and equip you with actionable strategies to approach your fundraising journey confidently. Top VCs in Virginia GroTech Ventures About: Grotech Ventures is an early stage venture capital firm with a reputation for being a collaborative, long-term partner for entrepreneurs. Thesis: Early investors in high-potential technology companies. Lighthouse Labs RVA About: Lighthouse Labs is an 11 week startup accelerator focused on market validation, customer understanding, and venture readiness for launch! Founders receive $20K of equity-free funding and the perfect environment to learn, build, and grow! We are a member of the Global Accelerator Network/Morrow and a Top 25 seed accelerator. We focus on supporting a broad technology and product portfolio of US-based, seed-stage startups in Virginia and beyond. WHAT STARTUPS GET: • $20,000 in 0% equity seed capital • 11 of the most productive weeks of your life filled with guided workshops and amazing mentor sessions led by industry experts • 3+ months of free coworking space • Connections to mentors, investors, and partners Sweetspot check size: $ 20K QED Investors About: QED Investors is a leading venture capital firm based in Alexandria, Virginia. We are focused on investing in disruptive financial services companies in the U.S., the U.K. and Europe, Latin America, India and Southeast Asia and Africa. QED Investors is dedicated to building great businesses and uses a unique, hands-on approach that leverages its partners’ decades of entrepreneurial and operational experience, helping companies achieve breakthrough growth. Amplifier Advisors About: Amplifier Venture Partners is a seed and early stage venture capital fund that principally targets investments in technology companies. They are positioned to be the first institutional investor in promising technology companies and to provide highly focused, hands on assistance for entrepreneurs looking to team up with experienced business operators and managers to grow world class companies. 757 Angels Network About: 757 Angels is a select network of business leaders in the Hampton Roads region, who provide investment capital, strategic advice and mentoring to selected startup and early stage companies to help them achieve market leadership. 757 Angels seeks dealflow from the Hampton Roads region. Virginia Innovation Partnership Corp. About: Connecting innovators with opportunities. VIPC operates as the nonprofit corporation on behalf of the Virginia Innovation Partnership Authority (VIPA). VIPA / VIPC is Virginia’s designated authority for leading innovation and economic development in the Commonwealth of Virginia through research, commercialization, and technology advancement; entrepreneurship, startup, and venture capital growth; and regional ecosystem, tech hub, and industry sector expansion. Thesis: As part of its operations, VIPC manages internal funds which make direct equity investments in technology and innovation-led early stage / growth startup companies and venture capital funds, provides research commercialization grants to universities and entrepreneurs, and offers resources and support for entrepreneurial ecosystems, innovation networks, and public-private partnerships at local, state, federal levels. SineWave Ventures About: SineWave is an early-stage venture capital firm dedicated to accelerating new technologies across the commercial and public sector ecosystems. Swan & Legend Venture Partners About: SWaN is a US-based, venture capital fund manager focused on multi-stage opportunities in the consumer sector. We target exceptional management teams aiming to take advantage of shifts in consumer behavior, initially taking non-controlling minority stakes where we can utilize our playbook of post-investment value creation through mentorship and hands-on support. Solas BioVentures About: Solas BioVentures is a venture capital firm that invests in early and development stage biopharma, medical device, diagnostics, and digital health companies. StoneMill Ventures About: StoneMill Ventures invests in disruptive cyber security companies, primarily at the seed stage. We are active investors and look for founding teams that can benefit from our experience building pioneering security companies. As such, we tend to focus our investing in the Washington, DC metro area where we can be hands on but we will invest globally given the right opportunity. Why Virginia is a Hotbed for Startup Fundraising Ecosystem Growth and Investment Momentum Virginia’s commitment to fostering a robust startup environment is evident in both public and private sector initiatives. In 2024 alone, the GO Virginia State Board approved $22.7 million in funding for 40 collaborative economic development projects, successfully leveraging over $15.5 million in additional non-state investments. These investments are strategically focused on startup ecosystems, cluster scale-up, workforce development, and site infrastructure—key pillars that drive the state’s economic diversification and innovation capacity. The result is a thriving landscape where high-growth startups are not only launched but also supported through every stage of their journey, from ideation to scale-up and exit. Unique Geographic and Sector Advantages Virginia’s proximity to Washington, D.C. offers startups access to federal agencies, defense contractors, and policy makers, making it a prime location for companies in sectors like cybersecurity, national security, and government technology. The state is also home to a vibrant tech and biotech scene, with major hubs in Northern Virginia, Richmond, Charlottesville, and Norfolk. These regions are recognized for their concentration of talent, research institutions, and industry leaders in fields such as SaaS, healthtech, fintech, and artificial intelligence. Strong University and Research Ecosystem World-class universities—including the University of Virginia, Virginia Tech, and George Mason University—play a pivotal role in fueling the startup pipeline. These institutions not only provide a steady stream of highly skilled graduates but also drive innovation through tech transfer offices, incubators, and research partnerships. Programs like UVA’s i.Lab help transform cutting-edge research into high-growth commercial ventures, further strengthening the state’s reputation as a launchpad for breakthrough startups. Local Resources and Inclusive Initiatives Virginia’s startup founders benefit from a rich network of accelerators, incubators, coworking spaces, and angel investor groups. Organizations such as Startup Virginia, Lighthouse Labs RVA, and the Virginia Innovation Partnership Corporation (VIPC) provide mentorship, funding, and community-building opportunities. The new VIPC-led “Virginia Invests” initiative is set to catalyze $250 million in investment into over 100 high-growth startups over the next 3-5 years, with a focus on supporting diverse and underrepresented founders across sectors like health/life sciences, fintech, AI, and national security. Virginia’s Startup Hubs Northern Virginia The region is a powerhouse for tech, cybersecurity, and government-focused startups, thanks to its proximity to Washington, D.C., and a dense network of federal agencies, contractors, and Fortune 500 companies. Northern Virginia is home to major players like Appian, Cvent, and Alarm.com, as well as a growing number of high-potential early-stage companies. Richmond Richmond’s startup community is anchored by organizations like Startup Virginia and Lighthouse Labs RVA, which provide workspace, mentorship, and funding. The city’s affordable cost of living, creative culture, and access to state government make it an attractive destination for founders in SaaS, fintech, and consumer products. Charlottesville Home to the University of Virginia, Charlottesville is a hub for biotech, healthtech, and edtech startups. The city benefits from strong university-industry collaboration, a vibrant angel investor community, and a high quality of life that attracts top talent. Virginia Beach and Hampton Roads This coastal region is seeing growth in logistics, maritime tech, and defense-related startups, leveraging its naval presence and port infrastructure. Organizations like 757 Angels and the BFM Fund are helping to build a more connected and well-funded startup community. Connect With Investors in Virginia Using Visible At Visible, we often times compare a fundraise to a B2B sales and marketing funnel. At the top of your funnel, you are finding new investors. In the middle, you are nurturing and pitching potential investors. At the bottom of the funnel, you are working through diligence and ideally closing new investors. With the introduction of data rooms, you can now manage every aspect of your fundraising funnel with Visible. Find investors at the top of your funnel with our free investor database, Visible Connect and find a filtered list of Virginia's investors here. Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms Manage your fundraise from start to finish with Visible. Give it a free try for 14 days here.

Detroit, the Motor City, is no longer just about cars—it's a hub for startups racing toward success. Detroit's startup scene is exploding with innovation, fueled by a unique blend of tech, mobility, and manufacturing expertise. But navigating this dynamic landscape requires more than just a great idea; it demands the right connections. This guide is your roadmap to Detroit's top venture capital firms, the investors who are actively fueling the city's entrepreneurial revolution, and the resources you need to navigate the fundraising landscape with confidence. Discover the VCs actively investing in Detroit, the trends shaping its future, and how you can leverage this vibrant ecosystem to accelerate your startup's growth. Top Detroit VCs Detroit Venture Partners About: Detroit Venture Partners is an American venture capital firm that funds seed- and early-stage technology companies. Sweetspot check size: $ 250K Thesis: Detroit Venture Partners is an American venture capital firm that funds seed- and early-stage technology companies. Courtside Ventures About: Courtside Ventures invests in early-stage companies focused on sports, gaming, and collectibles. Invest Detroit Ventures About: Invest Detroit is a mission-driven lender, investor, and partner that supports business and real estate projects that will ignite economic growth in Detroit. Our goal is to increase density and job opportunities in a way that is strategic and inclusive. Red Cedar Ventures About: The Michigan State University Research Foundation supports the MSU ecosystem with resources that increase the impact of research and innovation. The Foundation achieves its mission through grant programs that contribute over $10 million annually to the University, entrepreneurial programming and early-stage investments that accelerate technology transfer and startup growth throughout Michigan, and environments where startup businesses and collaborators can thrive. Ludlow Ventures About: VC is a customer service business. Whether it's testing product, pushing pixels, leveraging our network, or forcing people to download your app, we're here to help. You make our dream jobs possible and we're forever thankful for that. Sweetspot check size: $ 1.25M Thesis: We believe in VC without ego. We invest with insane conviction and love backing the right teams when others think it's too early. Woodward Angels About: Woodward Angels activates early stage, founder friendly investment capital for high-growth startups in and around Detroit. We invest in tech and digitally scaling companies at the pre-seed and seed stage, and invest our time and energy in helping those companies succeed. Invest Michigan About: Invest Michigan is a non-profit funded by the Michigan Strategic Fund. As fund manager for both the Michigan Pre-Seed Fund 2.0 and the University Commercialization Fund, Invest Michigan invests in early-stage high tech businesses located in Michigan. The Michigan Pre-Seed Fund 2.0 is an investment fund aimed at supporting pre-seed and seed stage technology companies located in Michigan. The MPSF 2.0 offers equity or convertible debt initial investments ranging from $50,000 – $150,000 with the goal of supporting our portfolio companies with additional follow-on investments. The University Commercialization Fund provides funding of up to $100,000 for the commercialization of technologies originating from any of the 15 Michigan public universities. A signed option or license agreement from the Technology Transfer Offices is required. Fontinalis Partners About: Investing in early-stage startups on the new frontiers of efficient movement, industrial innovation, and sustainability. Thesis: Macro trends are driving demand, Mobile & big data are catalyzing growth, Proven technology can be scaled globally, A strategic approach enhances value creation. BELLE Impact Fund About: Our mission is to provide superior returns for our investors while serving the early stage capital needs of women-led companies. GM Ventures About: GM Ventures invests in start-ups that share General Motors’ vision of a world of zero emissions, zero crashes and zero congestion. Thesis: We are focused on key technologies that can be implemented in GM’s vehicles, manufacturing facilities and operating businesses. Belle Capital We look for capital efficient companies with a unique product or service filling an urgent market need. We target the digital/mobile/internet (IT), technology-enabled products and services, life sciences/medical devices/health IT (Digital Health), and CleanTech market sectors. Companies seeking our capital must have at least one female founder or C-level exec, and/or be willing to recruit top female talent to the C-suite and Board of Directors. We prefer teams with strong domain expertise, and proven commercialization and entrepreneurial experience. Detroit’s Startup Ecosystem: Trends and Opportunities Detroit has rapidly transformed from a traditional manufacturing powerhouse into one of the most dynamic and diverse startup ecosystems in the United States. The city’s unique blend of tech innovation, mobility leadership, and advanced manufacturing expertise is attracting founders, investors, and talent from across the country and beyond. Key Trends in Detroit’s Tech, Mobility, and Manufacturing Sectors Tech and AI: Detroit’s tech sector is booming, with a particular focus on artificial intelligence, cybersecurity, and digital privacy. Startups like Hush (AI-driven digital privacy), Judy Security (AI-powered cybersecurity for SMBs), and TiiCKER (investor relations software) are leading the way. The city has seen a 22% annual increase in tech investments over the past five years, with AI and climate tech startups receiving significant attention from VCs and corporate partners. Detroit’s innovation district, anchored by the $1 billion renovation of Michigan Central Station, is now a magnet for tech talent and new ventures. Mobility and Automotive Innovation: As the historic heart of the automotive industry, Detroit remains a global leader in mobility and transportation technology. The city is home to a growing number of mobility startups, including Canopy (vehicle security, backed by Ford and ADT), and several electric vehicle and autonomous driving ventures. Detroit-based automotive tech startups like EVenergi, CYTK.io, and Optimotive all raised significant Series A rounds, outpacing other Midwest cities in mobility innovation. Advanced Manufacturing: Detroit’s legacy in manufacturing is evolving with the rise of Industry 4.0, robotics, and smart factory solutions. The city’s startups are leveraging automation, AI, and IoT to modernize traditional manufacturing processes, making Detroit a hub for advanced manufacturing innovation. Notable Recent Exits and Success Stories Detroit’s ecosystem has produced several high-impact exits and unicorns in recent years, fueling further growth and attracting new capital: Rivian Automotive: The electric vehicle manufacturer, originally rooted in the Detroit area, went public in one of the largest IPOs in automotive history. Duo Security: Acquired by Cisco for $2.35 billion, this Ann Arbor/Detroit-based cybersecurity company is a prime example of the region’s tech prowess. Onestream Software: Birmingham, MI-based Onestream filed for a multi-billion-dollar IPO in 2024, highlighting the region’s strength in enterprise software. Lineage Logistics: Novi-based cold storage giant Lineage filed for an IPO with a $30 billion valuation in 2024, underscoring Detroit’s continued leadership in logistics and supply chain innovation. The Role of Local Universities, Accelerators, and Corporate Partners Detroit’s startup ecosystem is supported by a robust network of universities, accelerators, and corporate partners: Universities: Institutions like the University of Michigan, Wayne State University, and Michigan State University are major engines of innovation, providing research, talent, and commercialization support. University-affiliated programs such as the Michigan Venture Center and TechTown Detroit offer founders access to labs, mentorship, and early-stage funding. Accelerators and Incubators: Detroit is home to several leading accelerators, includin, the Detroit Mobility Lab, and the MEDC’s Pre-Seed III Fund. These programs provide founders with capital, mentorship, and connections to industry leaders. Corporate Partners: Detroit’s corporate giants—Ford, General Motors, and Stellantis—are deeply involved in the startup ecosystem, investing in and partnering with local startups through innovation labs, venture arms, and open innovation challenges. The Ford-ADT joint venture behind Canopy is a prime example of how corporate partnerships are fueling new ventures in the city. Community Initiatives: Programs like Connect 313 are expanding digital access and skills training, with over 29,000 Detroit residents participating in tech upskilling programs and new tech hubs opening across the city. Networking and Community Resources for Detroit Founders Detroit’s startup ecosystem thrives on its strong sense of community, robust support infrastructure, and a calendar packed with high-impact events, accelerators, and collaborative workspaces. Whether you’re a first-time founder or a seasoned entrepreneur, Detroit offers a wealth of opportunities to connect, learn, and grow. Flagship Events and Meetups TechTown Detroit Workshops: TechTown, a leading nonprofit incubator, regularly hosts workshops, pitch events, and networking sessions for startups and small businesses. Their programming covers everything from marketing and fundraising to product development and scaling. Detroit Means Business Summit: This annual summit convenes over 300 Detroit entrepreneurs for a day of interactive workshops, resource sharing, and networking, providing tangible takeaways for business growth. Top Accelerators and Incubators TechTown Detroit: The city’s flagship incubator and accelerator, offering programs like Start Studio, Scale Studio, and Traction for tech startups. TechTown has supported over 6,000 businesses and helped raise more than $400 million in startup and growth capital. Build Institute: Focused on access and equity, Build Institute provides early-stage entrepreneurs with classes, mentorship, and a supportive network to turn ideas into scalable businesses. NextEnergy: A nonprofit accelerator supporting early-stage ventures in energy management, sustainability, and mobility innovation. Backstage Capital: Investing in and accelerating companies led by underrepresented founders, with a Detroit presence and a strong focus on diversity and inclusion. Grand Circus: A tech bootcamp and accelerator offering coding education, workshops, and access to Detroit’s growing tech talent pipeline. Co-Working Spaces TechTown Detroit: Beyond its accelerator programs, TechTown offers flexible coworking and office space in Midtown, providing founders with a collaborative environment, meeting rooms, and access to a vibrant entrepreneurial community. Bamboo Detroit: A popular downtown coworking hub, Bamboo offers flexible desks, private offices, and a packed calendar of networking events, workshops, and pitch nights. It’s a go-to spot for early-stage founders and remote teams. WeWork Detroit: Located in the heart of downtown, WeWork provides modern coworking amenities and regular community events, making it easy for founders to connect and collaborate. SpaceLab Detroit: Focused on design, architecture, and tech startups, SpaceLab offers coworking, private offices, and event space, fostering a creative and professional atmosphere. Connect With Investors in Detroit Using Visible At Visible, we often times compare a fundraise to a B2B sales and marketing funnel. At the top of your funnel, you are finding new investors. In the middle, you are nurturing and pitching potential investors. At the bottom of the funnel, you are working through diligence and ideally closing new investors. With the introduction of data rooms, you can now manage every aspect of your fundraising funnel with Visible. Find investors at the top of your funnel with our free investor database, Visible Connect and find a filtered list of Detroit's investors here. Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms Manage your fundraise from start to finish with Visible. Give it a free try for 14 days here.

Ohio’s venture capital scene is buzzing with opportunity, and it’s not just the usual suspects. From Columbus to Cincinnati, a new wave of VCs, accelerators, and university-backed programs are fueling innovation across the state. In this guide, we’ll introduce you to the top venture capital firms actively investing in Ohio, break down what they’re looking for, and show you how to tap into the local resources that can help your company scale. Top VCs in Ohio CincyTech About: CincyTech is one of the Midwest's most active seed funds, investing in disruptive human health and technology companies in Ohio. Sweetspot check size: $ 1M Traction metrics requirements: Data points to validate some market traction Rev1 Ventures About: Rev1 Ventures is an investor startup studio that combines capital and strategic services to help startups scale and corporates innovate. Sweetspot check size: $ 500K Lightship Capital About: Lightship Capital is a venture capital fund that is driving innovation and investment in the Midwest. Sweetspot check size: $ 500K Traction metrics requirements: Post Revenue Thesis: Inclusion is innovation. Refinery Ventures About: Refinery Ventures focuses on investing in information technology, digital health, and human capital technology sectors. Sweetspot check size: $ 2M Traction metrics requirements: We are looking for: Leaders with a clear vision and strong values Companies with hypergrowth potential and ambition Technology that will transform an experience, or an entire industry Thesis: We invest in early scale companies – bridging the gap and mentoring our teams between post-seed and Series A funding. H Venture Partners About: H Venture Partners is an early-stage fund that invests in consumer brands. Sweetspot check size: $ 500K Thesis: H Venture Partners invests in early stage science-based consumer brands. Maywic Select Investments About: Maywic is a venture capital firm that invests in growth stage companies that promote healthy lifestyles, wellness, and well-being. Sweetspot check size: $ 2M Traction metrics requirements: At least $5MM of revenue Heartland Ventures About: Heartland Ventures is a value add venture investor that connects high-growth startups with new customers in the Midwest. Sweetspot check size: $ 500K Traction metrics requirements: Approaching or at revenue Thesis: Connecting coastal tech to corporations in the heartland Mutual Capital Partners Sweetspot check size: $ 3M Traction metrics requirements: Post-revenue Ohio Innovation Fund About: The Ohio Innovation Fund is a venture capital firm focused on providing venture capital and expertise to early stage companies. Sweetspot check size: $ 1.50M Traction metrics requirements: OIF’s areas of expertise include SaaS, cyber security, artificial intelligence/machine learning, medtech/pharma, and advanced manufacturing/IOT. We look for companies that can fundamentally transform industries and create new ones. Our typical investments include companies with initial revenue traction of approximately $1 million ARR, but we’re also open to looking at pre-revenue opportunities if they are game changers. We typically invest in 1-2 traditionally seed stage deals per year. We’re looking for the best of the best. Thesis: Ohio Innovation Fund partners with bold, disruptive founders of high-growth startups based in Ohio and throughout the Midwest, combining proven Silicon Valley expertise with Midwest grit. We invest in the top 2-3 percent of deals in Ohio, and our ideal investment includes a 10 percent ownership in the company and a board seat. OIF works in the trenches with these entrepreneurs to build their companies, encouraging them to think bigger and grow quicker. JumpStart About: JumpStart Inc. is an Ohio-based non-profit organization that offers development assistance to entrepreneurs in Northeast Ohio. Thesis: We invest in people. We look for entrepreneurs who demonstrate excellence in all that they do, have skin in the game and the ambition to grow aggressively. We’re also focused on funding diverse entrepreneurs to help us build a stronger portfolio and a stronger community. Local Resources and Support for Ohio Startups Ohio’s startup ecosystem is powered by a network of incubators, accelerators, university and programs. These resources support founders at every stage, from ideation to scaling and commercialization. Incubators and Accelerators JumpStart: Based in Cleveland, JumpStart is one of Ohio’s most influential startup support organizations. Since 2003, it has provided funding, mentorship, and business support to thousands of entrepreneurs, with a focus on diverse and high-growth startups. JumpStart offers direct investment, intensive accelerator programs, and access to a broad network of advisors and investors. In 2024, JumpStart-supported companies generated over $1.7 billion in economic impact for Ohio. Entrepreneurs’ Center: The Entrepreneurs’ Center in Dayton is a leading hub for innovation, offering business mentoring, venture capital connections, and specialized programs for tech startups. It plays a key role in Dayton’s growing reputation as a center for aerospace, defense, and advanced manufacturing innovation. Lightship Foundation: Headquartered in Cincinnati, Lightship Foundation is dedicated to supporting underrepresented founders. Through its accelerator programs, Lightship provides capital, mentorship, and access to a national network of investors and partners. The foundation is recognized for its commitment to diversity, equity, and inclusion in the Midwest startup ecosystem. Rev1 Ventures: Offers the Investor Startup Studio, providing investment, strategic guidance, and connections to corporate partners. Cintrifuse: Connects startups with resources, coworking space, and a network of mentors and investors. Youngstown Business Incubator: Specializes in tech and advanced manufacturing startups, with a strong focus on 3D printing and digital innovation. The Brandery: A consumer brand-focused accelerator offering funding, mentorship, and office space. LaunchHouse: Provides a collaborative workspace, accelerator programs, and access to a wide investor network. University Programs Ohio State University – Keenan Center for Entrepreneurship: The Keenan Center runs the Accelerator Awards, which provide up to $100,000 (and up to $150,000 for biomedical projects) to help commercialize university innovations. The program is funded by the Ohio Third Frontier Technology Validation and Start-up Fund and is designed to bridge the gap between research and market-ready startups. Case Western Reserve University – Veale Institute for Entrepreneurship: Offers mentorship, funding, and commercialization support. University of Cincinnati – 1819 Innovation Hub: Provides resources for student and faculty startups, including access to corporate partners and prototyping facilities. The Ohio Startup Ecosystem: Trends and Opportunities Sector Focus: Where Ohio Startups Are Leading Ohio’s startup scene is particularly strong in several high-growth sectors: Healthcare and Biotech: With world-class medical institutions and a robust network of health-focused accelerators, Ohio is a leader in healthcare innovation. Startups in digital health, medical devices, and biotech are thriving, supported by organizations like JumpStart. Manufacturing Technology and Advanced Materials: Building on its industrial legacy, Ohio is at the forefront of advanced manufacturing, additive manufacturing (3D printing), and materials science, especially in cities like Youngstown and Dayton. Fintech and Insurtech: Columbus, home to major insurance and financial services companies, has become a magnet for fintech and insurtech startups, with notable exits like Root Insurance. Clean Energy and Sustainability: Startups in clean energy, agritech, and environmental tech are gaining traction, supported by state initiatives and university research programs. SaaS and Enterprise Tech: Software startups, particularly those focused on B2B SaaS, are a major driver of Ohio’s tech economy, with Columbus and Cincinnati leading the way. Funding Growth and Notable Exits In 2024, Ohio startups and small businesses generated over $1.7 billion in economic output, according to JumpStart’s latest economic impact report. This figure includes direct capital raised, revenue generated, and the broader economic ripple effect of entrepreneurial activity across the state Notable recent exits and success stories include: Root Insurance: Went public on NASDAQ, becoming one of Ohio’s first tech unicorns. Olive: Raised over $800 million and became a leader in healthcare automation. CoverMyMeds: Acquired by McKesson for $1.1 billion, highlighting the region’s strength in healthtech. Key Cities and Innovation Hubs Ohio’s startup activity is concentrated in several key cities, each with its own strengths and resources: Columbus: The state’s capital is a powerhouse for SaaS, fintech, and healthtech. Home to The Ohio State University, Rev1 Ventures, and a growing number of accelerators, Columbus is often cited as one of the fastest-growing tech cities in the Midwest. Cincinnati: Known for its consumer brands and marketing innovation, Cincinnati boasts resources like Cintrifuse, The Brandery, and a strong network of corporate partners (e.g., Procter & Gamble). Cleveland: A leader in healthcare and biotech, Cleveland is anchored by the Cleveland Clinic, JumpStart, and BioEnterprise, making it a hub for medical innovation. Dayton: With a focus on aerospace, defense, and advanced manufacturing, Dayton’s innovation ecosystem is supported by The Entrepreneurs Center and the Air Force Research Laboratory. Youngstown: Renowned for its leadership in additive manufacturing and 3D printing, Youngstown is home to the Youngstown Business Incubator, which has helped revitalize the city’s economy through tech-driven startups. The Role of Universities and State Initiatives Ohio’s universities are central to the state’s innovation engine. The Ohio State University, Case Western Reserve, and the University of Cincinnati are leaders in tech transfer, research commercialization, and talent development. State-backed initiatives like JobsOhio and Ohio Third Frontier provide grants, tax incentives, and direct investment to high-potential startups, further accelerating growth. Connect With Investors in Ohio Using Visible At Visible, we often times compare a fundraise to a B2B sales and marketing funnel. At the top of your funnel, you are finding new investors. In the middle, you are nurturing and pitching potential investors. At the bottom of the funnel, you are working through diligence and ideally closing new investors. With the introduction of data rooms, you can now manage every aspect of your fundraising funnel with Visible. Find investors at the top of your funnel with our free investor database, Visible Connect and find a filtered list of Ohio's investors here. Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms Manage your fundraise from start to finish with Visible. Give it a free try for 14 days here.

Spain’s startup ecosystem is experiencing a period of dynamic growth and increasing international attention. In 2024, Spanish startups raised over €3.1 billion, marking a 36% increase from the previous year and setting a new record for the country outside the exceptional pandemic years. This surge in investment highlights Spain’s maturation as a hub for innovation, entrepreneurship, and venture capital activity, with Barcelona and Madrid leading the way as the nation’s primary startup centers. The country now boasts more than 12,000 startups, 400 scaleups, and 18 unicorns, supported by a robust network of over 300 incubators, accelerators, and support initiatives. For founders, Spain offers a unique blend of advantages: access to a large domestic and European market, a highly skilled and international talent pool, and a supportive regulatory environment thanks to recent reforms like the Startup Law. The ecosystem is multi-hub, with cities like Valencia, Bilbao, Málaga, and Seville also emerging as vibrant centers for tech and innovation. Notably, early-stage investments remain strong, with over €1 billion raised in rounds up to €15 million in 2023, while sectors such as SaaS, fintech, climate tech, and health tech are attracting the most attention from investors. Top VCs in Spain Samaipata About: We are focused on marketplaces and digital platforms Sweetspot check size: $ 2M Thesis: Investing in digital platforms with network effects Draper B1 Sweetspot check size: $ 275K Traction metrics requirements: Ideally >$20KMRR Thesis: B2B & B2B2C tech companies. Mainly B2B software, marketplaces and on-demand services. First ticket average: $300K. Follow-on opportunities up to $1M extra. Industry agnostic but looking for amazing teams with global ambition addressing high growth markets. Valuation between $2-6M Caixa Capital Risc About: Caixa Capital Risc invests in innovative companies in their initial stages of growth, mainly in Spain and Portugal.It has already invested in 100+ companies with high growth potential in the life sciences, digital technology and industrial sectors. Caixa Capital Risc is part of CriteriaCaixa, the holding company that works to preserve and grow the assets generated by the Fundación ‘la Caixa’ for more than a century, with the priority of providing the financial resources to contribute to the impact on society and its development. Kibo Ventures About: Kibo Ventures is a venture capital fund investing in early-stage internet and mobile companies. Athos Capital About: We are a venture capital fund investing in early stage digital ventures with global ambitions. Active Venture Partners About: We are a European venture capital company focused on positively disrupting its traditional sector. Spearheaded by a diverse, passionate and multinational team, we are building a reputation for providing support that goes beyond capital for high growth businesses. Thesis: With a presence in Spain, Germany and Scandinavia, we target entrepreneurial teams driving digital start-ups and seeking holistic partnerships based on shared values and pro-active support. Start-up founders connect to the unique ACTIVE community to engage with sector specialists, growth experts and senior advisors. CG Health Ventures About: We invest in early stage healthcare companies in Europe and the US with some form of market traction and an ambition to scale up globally. Encomenda Venture Capital About: Encomenda is a VC firm created by entrepreneurs and managed by entrepreneurs which counts with a great pool of successful entrepreneurs among its Limited Partners. Thesis: We invest at the earliest stage of the project where we can bring our experience as entrepreneurs and investors. Spain Startup Landscape Spain’s startup ecosystem has rapidly evolved into one of Europe’s most dynamic and attractive markets for founders and investors alike. As of 2024, Spain is the second fastest-growing startup ecosystem in Europe, with investment activity reaching record highs and a robust infrastructure supporting innovation across multiple sectors. Current State of the Ecosystem Spain is home to over 12,000 startups, 400 scaleups, and 18 unicorns, with Barcelona and Madrid serving as the primary hubs. Other cities like Valencia, Bilbao, Málaga, and Seville are also emerging as important centers for entrepreneurship. The ecosystem is multi-hub, fostering a diverse and resilient environment for innovation. Key sectors driving growth include fintech, SaaS, e-commerce, artificial intelligence, health tech, and renewable energy. In 2024, fintech alone captured one-third of the total investment volume, with major rounds such as Sequra’s €410 million raise highlighting the sector’s momentum. SaaS startups have overtaken marketplaces and e-commerce as the most funded business model, accounting for nearly half of all VC-backed investments. Spain’s strategic advantages include a highly skilled and international talent pool, world-class business schools (IESE, IE, Esade), competitive wage costs, and a high quality of life. The country’s infrastructure, access to the European and Latin American markets, and a supportive regulatory environment (bolstered by the 2022 Startup Law) make it an ideal location for launching and scaling startups. Investment Landscape The Spanish investment climate is characterized by strong early-stage activity and increasing international participation. In 2024, total startup investment exceeded €3.1 billion, a 36% increase from the previous year. Early-stage rounds (up to €15 million) remain the most common, with over €1 billion raised in 2023. However, there is a growing appetite for larger rounds, especially from international funds, which have increased their participation by 134% year-over-year. The investor landscape in Spain is diverse, including angel investors, seed funds, local and international venture capital firms, corporate VCs, and government-backed entities. Local VCs and corporates play a significant role in early and medium-sized rounds, while European and U.S. funds are increasingly active in larger deals. Government initiatives such as ENISA, CDTI, and ICEX Invest in Spain provide grants, loans, and incentives to support startup growth. The Startup Law has introduced tax breaks, simplified company formation, and improved visa options for international talent, further enhancing Spain’s appeal as a startup destination. Key Opportunities for Startups High-growth sectors in Spain include fintech, climate tech, health tech, SaaS, and mobility/logistics. Climate tech and biotech startups attracted significant VC investment in 2023, reflecting global trends and Spain’s commitment to sustainability and innovation. Startups in Spain have unique opportunities to address local challenges—such as digital transformation in traditional industries, renewable energy adoption, and healthcare innovation—while also leveraging Spain’s position as a gateway to both European and Latin American markets. The country’s international connectivity, multilingual talent, and strong support networks make it an ideal launchpad for global expansion. Connect With Investors in Spain Using Visible At Visible, we often times compare a fundraise to a B2B sales and marketing funnel. At the top of your funnel, you are finding new investors. In the middle, you are nurturing and pitching potential investors. At the bottom of the funnel, you are working through diligence and ideally closing new investors. With the introduction of data rooms, you can now manage every aspect of your fundraising funnel with Visible. Find investors at the top of your funnel with our free investor database, Visible Connect and find a filtered list of Spain's investors here. Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms Manage your fundraise from start to finish with Visible. Give it a free try for 14 days here.

Beyond pitch decks, valuations, term sheets, and growth rates, fundraising is about relationships. Behind every round of capital is a series of conversations, introductions, and partnerships that result from human-to-human connection. That’s why we’re excited to announce the launch of our new podcast season, Thrive Through Connection, a series dedicated to exploring the human side of fundraising. Why Thrive Through Connection We’ve seen firsthand that at the center of successful startups, good old-fashioned relationship building consistently shows up, because founders don’t raise capital in a vacuum. They rely on their teams, peers, and investors to navigate the ups and downs of building something from nothing. Thrive Through Connection highlights the relationships that fuel the growth of both founders and investors. We candidly discuss what it really takes to raise venture capital, including the setbacks, tactics, and stories you won’t hear anywhere else. What to Expect Each episode features real stories and actionable insights from founders and investors, from first-time founders reflecting on closing their first round to seasoned investors sharing what they look for in a deal. Every conversation is packed with lessons you can apply to your fundraising journey. The First Episodes We’ve got three episodes to get things started, and we’re excited to continue recording and publishing new episodes throughout the year. Check out the first three below: Finding the Right Investors with Laurel Hess On the first episode of the Thrive Through Connection Podcast, we welcome Laurel Hess, the CEO and Founder of hampr. Laurel has raised over $10M for hampr across multiple rounds. She joins us to share her journey and the importance of building genuine relationships with investors. Navigating Investor Relationships with Brett Brohl On the second episode of the Thrive Through Connection Podcast, we welcome Brett Brohl, Managing Partner at Bread & Butter Ventures. Brett joins us to dive deep into all things founder fundraising, sharing tactical advice on everything from cold outreach to evaluating if an investor is a true culture fit. Going From Operator to Funder with Leo Polovets On the third episode of the Thrive Through Connection Podcast, we welcome Leo Polovets, the General Partner at Humba Ventures and Co-founder of Susa Ventures. Leo joins us to talk about his journey from operator to supporting over 100 companies as an investor at both Humba and Susa. The first three episodes are live now on Spotify, Apple Podcasts, and most places you get your podcasts. Subscribe to the Thrive Through Connection Podcast to stay in the loop as more episodes are published.

On the third episode of the Thrive Through Connection Podcast, we welcome Leo Polovets, the General Partner at Humba Ventures and Co-founder of Susa Ventures. Humba Ventures invests in early-stage deep tech startups and is part of the broader Susa Ventures network. Leo joins us to talk about his journey from operator to supporting over 100 companies as an investor at both Humba and Susa. About Leo Before founding Susa, Leo worked as a software engineer at companies like Google and LinkedIn. Since launching Susa with a $25M fund in 2013, the team has raised over $750M across both Susa and Humba Ventures. Leo and the team have had a front-row seat in helping scale a portfolio that includes Robinhood, Flexport, Stord, and many more. Mike, the CEO and Founder of Visible, had an opportunity to sit down and chat with Leo. You can give the full episode a listen below: Spotify Link Apple Link Google Link What You Can Expect to Learn from Leo Why Leo and Susa Started Small How Seed Stage Companies Can Prepare for a Series A The Importance of Building Relationships Before a Fundraise How Investor Updates Can Create Traction Why Storytelling is Crucial to Raising Capital Stay up to date with the Thrive Through Connection Podcast by subscribing wherever you listen to your podcast. You can find links to your favorite podcast hosts below: YouTube Spotify Apple

On the second episode of the Thrive Through Connection Podcast, we welcome Brett Brohl, Managing Partner at Bread & Butter Ventures, an early-stage venture firm based in Minnesota. Brett joins us to dive deep into all things founder fundraising, sharing tactical advice on everything from cold outreach to evaluating if an investor is a true culture fit. About Brett Before founding Bread & Butter, Brett started multiple companies and spent time at Techstars. He’s a mainstay on LinkedIn and YouTube, where he shares countless takeaways for founders navigating the journey of raising capital while building their businesses. From his experience raising and managing four funds at Bread & Butter, Brett brings a wealth of knowledge, especially when it comes to the fundraising process. Mike, the CEO and Founder of Visible, had an opportunity to sit down and chat with Brett. You can give the full episode a listen below: Spotify Link Apple Link Google Link What You Can Expect to Learn from Brett Why Finding a Cultural Fit With Investors is Essential Why the Best Communicators are Often the Best Performing Companies What it Means to Treat Fundraising Like a Sales Funnel How to Maintain Momentum in a Fundraise The Most Overlooked and Overrated Deck Slides Stay up to date with the Thrive Through Connection Podcast by subscribing wherever you listen to your podcast. You can find links to your favorite podcast platforms below: YouTube Spotify Apple

On the first episode of the Thrive Through Connection Podcast, we welcome Laurel Hess, the CEO and Founder of hampr. Hampr is an on-demand laundry service that will pick up your laundry and return it fresh and folded, right to your front door, within 24 hours. Laurel has raised over $10M for hampr across multiple rounds. She joins us to share her journey and the importance of building genuine relationships with investors. About Laurel Before founding hampr, Laurel built a career in marketing, where she launched and ran a profitable marketing agency. Since starting hampr in 2019, she has experienced the ebbs and flows of venture capital, from COVID-19 to low interest rates to the SVB crash. Laurel has had a front-row seat to how the market evolves and why building strong relationships is key to weathering turbulent times. Mike, the CEO and Founder of Visible, had an opportunity to sit down and chat with Laurel. You can give the full episode a listen below: Spotify Link Apple Link Google Link What You Can Expect to Learn from Laurel Why having the right people on your cap table matters Tactics for backchanneling and finding warm investor intros The key questions she asks during investor conversations How she nurtures investors who initially say “no” Her approach to managing and interpreting investor feedback Stay up to date with the Thrive Through Connection Podcast by subscribing wherever you listen to your podcast. You can find links to your favorite podcast hosts below: YouTube Spotify Apple

Sweden stands at the forefront of European innovation, boasting a vibrant startup ecosystem and a deep pool of venture capital eager to back the next generation of high-growth companies. Whether you’re building a disruptive SaaS platform, pioneering climate tech, or scaling a consumer brand, finding the right investment partner is crucial to your success. This guide to the top VCs in Sweden is designed to help founders navigate the country’s dynamic funding landscape, featuring leading firms like J12 Ventures, Kinnevik, EQT Ventures, and more. Explore detailed profiles, investment theses, and check sizes for each fund—and leverage Visible’s free investor database to connect directly with Sweden’s most active venture capitalists as you build your fundraising pipeline. Top VCs in Sweden J12 Ventures Sweetspot check size: $ 1M Traction metrics requirements: We are not afraid to invest early to help you find product-market fit. Typically, companies have a first product when we invest. Thesis: We are industry agnostic, investing in groundbreaking technology companies with a preference for software. Kinnevik About: Kinnevik AB is an entrepreneurial investment group focused on building digital consumer businesses. Mudcake About: Mudcake (formerly Trellis Road) is a microfund run by ex-founders dedicated to making the world a better place for the next generation. We invest in the strongest founders reshaping the way we produce, distribute, and consume food. Our typical ticket is $200k-$800k in pre-seed and seed rounds globally. Uequity About: Uequity is a venture capital fund focused on backing successful entrepreneurs to build valuable companies together. Sweetspot check size: $ 1M Luminar Ventures About: We are backing teams who are redefining large markets by solving major problems in the world. The journey requires curious, intelligent team members who are ready to not only challenge the status quo but also to transform themselves. We are looking for people who are up for the challenge – who either have experience from previous journeys or who wants to join early and live in the dynamics of wearing multiple hats, working with loads of responsibility, being challenged every day, and most of all – who wants to grow as a person. Thesis: We aim to provide professional seed stage financing to early stage technology companies throughout Sweden that are looking to disrupt or transform major industries with digital technologies and innovations. EQT Ventures About: EQT Ventures is a sector agnostic, multi-stage VC fund, with just over €1.2 billion total capital raised. The fund's team of former founders and operators from the likes of Spotify, Booking.com, Hotels.com and King have experienced the entrepreneurial journey firsthand and know how challenging it can be. They're ready to support the next generation of entrepreneurs in Europe and the US with the expertise and advice needed to build global success stories. Sweetspot check size: $ 15M Northzone About: We’re a multi-stage venture capital fund partnering with founders from Seed to Growth. Across Europe and the US. Almi Invest About: Almi Invest is a venture capital company that invests in Swedish companies with scalable business models. Spintop Ventures About: Spintop Ventures is an early-stage technology venture capital firm. We support teams on a mission to build great companies. Spintop invests in innovative software-based technology companies from the Nordics to become sector leaders and drive the transformation into a longterm sustainable society. Chalmers Ventures We are a leading deep tech investor & venture builder in the Nordics. Taking deep tech from lab to market. Why Sweden is a Hotbed for Startup Investment Sweden has earned its reputation as one of the world’s most dynamic and founder-friendly startup ecosystems. For founders considering where to launch or scale their next venture, Sweden offers a unique blend of advantages that make it a magnet for both local and international investors. A Global Leader in Innovation and Startup Activity Sweden consistently ranks among the top startup ecosystems globally. According to the 2024 Global Startup Ecosystem Index, Sweden is the leading startup hub within the European Union and ranks sixth worldwide, just behind global powerhouses like the US and the UK. The country is home to over 7,000 startups and scale-ups, with 12 Swedish cities featured among the world’s top 1,000 startup ecosystems—a testament to the country’s nationwide entrepreneurial depth, not just a Stockholm phenomenon]. Stockholm, in particular, stands out as a “unicorn factory.” It boasts the highest number of billion-dollar startups per capita outside Silicon Valley, making it a global benchmark for startup success. Venture Funding and Growth Over the past five years, the combined value of Swedish startups has doubled to an impressive €239 billion. This growth is fueled not only by new ventures but also by a strong “alumni effect”—successful founders and early employees from unicorns like Spotify, Klarna, Northvolt, and King are reinvesting their expertise and capital into the next generation of startups. Sweden’s Unicorn Track Record Sweden has produced 41 unicorns—privately held startups valued at over $1 billion—ranking it among the top countries globally for unicorn creation. Notable names include Spotify (music streaming), Klarna (fintech), Northvolt (clean energy), Epidemic Sound (media), and Einride (autonomous vehicles). This density of high-growth companies means founders in Sweden benefit from a vibrant network of experienced mentors, investors, and peers who understand the journey from startup to scaleup. Why Founders Choose Sweden Several factors make Sweden especially attractive for founders: Access to Capital: Sweden’s VC community is active and diverse, with both local and international funds eager to back innovative startups at every stage. Talent Pool: The country’s world-class education system and high quality of life attract top technical and business talent from around the globe. Supportive Infrastructure: Sweden offers a robust network of incubators, accelerators, and government programs designed to help startups grow and scale. Global Mindset: With a relatively small domestic market, Swedish startups are built to scale internationally from day one, making them highly attractive to global investors. Sustainability Leadership: Sweden’s commitment to sustainability and impact investing means founders working on climate, health, and social challenges will find a particularly supportive environment. Key Events & Resources for Swedish Founders Sweden’s startup ecosystem thrives on its vibrant community, world-class events, and a robust network of accelerators, incubators, and support organizations. Whether you’re a first-time founder or a seasoned entrepreneur, tapping into these resources can dramatically accelerate your fundraising and growth journey. Major Startup Events in Sweden Stockholm Tech Show: Stockholm Tech Show is one of the largest annual gatherings for the Swedish tech community, attracting thousands of founders, investors, and tech enthusiasts. The event features high-profile speakers, startup pitches, and networking sessions, making it a must-attend for anyone looking to connect with the heart of Sweden’s innovation scene. Slush: While Slush is based in Helsinki, it has a significant impact on the Swedish startup community, with many Swedish founders, investors, and ecosystem players attending. Slush is renowned for its high-energy atmosphere, world-class speakers, and unparalleled networking opportunities across the Nordics. Techarena: Techarena is a major event series in Sweden, including the flagship Techarena Summit and Techarena Almedalen. These events bring together startups, scaleups, corporates, and investors for competitions, panels, and matchmaking sessions, focusing on innovation and entrepreneurship. SUP46 (Start-Up People of Sweden) Events: SUP46 is a legendary co-working space and community hub in Stockholm, regularly hosting meetups, workshops, and pitch events. It’s a go-to spot for networking with early-stage founders, investors, and mentors. Ignite Sweden: Ignite Sweden organizes matchmaking events that connect startups with large corporates, fostering collaboration and business development opportunities. Their events are especially valuable for B2B startups seeking pilot projects or strategic partnerships. Leading Accelerators and Incubators Sweden’s accelerators and incubators are renowned for their hands-on support, funding opportunities, and access to extensive networks: Sting (Stockholm Innovation & Growth): One of Scandinavia’s top accelerators, Sting has supported over 330 startups with funding, mentorship, and access to investors. Their programs include both a 4-month accelerator and a 12-month incubator, with investments up to SEK 500,000. Antler: A global accelerator with a strong presence in Stockholm, Antler invests €100,000 in early-stage startups and helps founders build teams and validate ideas. Chalmers Ventures: Based in Gothenburg, Chalmers Ventures focuses on energy and sustainability startups, offering up to €82,000 in funding and an 18-month acceleration program. Fast Track Malmö: A 3-month accelerator for startups in education, hardware, healthcare, and IoT, providing €50,000 in funding and access to a global network. BizMaker: With programs for forest, industry, and general tech startups, BizMaker connects founders with investors and industry partners. +impact Accelerator: Focused on sustainability and social impact, this accelerator provides mentorship and business training for startups addressing the UN’s Sustainable Development Goals. Minc (Malmö): A leading incubator in southern Sweden, Minc offers workspace, mentorship, and access to investors for early-stage startups [F6S]. SmiLe Incubator (Lund): Specializing in life sciences and health, SmiLe provides lab facilities, business coaching, and investor connections. Community Hubs and Online Networks Norrsken House: Based in Stockholm, Norrsken House is Europe’s largest impact tech hub, offering co-working, events, and a strong community for startups focused on social and environmental impact. SUP46: Beyond events, SUP46 provides a collaborative workspace and a tight-knit community for early-stage founders. THINK (Helsingborg): A regional incubator supporting startups in IoT, smart home, and consumer tech. Local Resources and Support for Founders in Sweden Sweden’s startup ecosystem is renowned for its robust public support, making it one of the most founder-friendly environments in Europe. From generous government grants to world-class incubators and comprehensive legal and financial advisory services, Swedish founders have access to a wealth of resources designed to help startups launch, scale, and succeed. Government Grants and Public Funding Vinnova: Vinnova is Sweden’s innovation agency and the primary source of government grants for startups. Vinnova offers a variety of funding programs, including innovation grants of up to SEK 5 million for projects in technology, sustainability, and digital transformation. These grants are typically equity-free and support R&D, product development, and commercialization. Vinnova also runs the national incubator program, channeling funding to startups via quality-assured incubators across Sweden. Almi Invest: Almi Invest is Sweden’s most active early-stage investor, backed by the government. In addition to equity investments, Almi offers startup loans of up to SEK 3 million, often without requiring collateral. Almi’s support is designed for early-stage companies with innovative business ideas and includes both financial and advisory services. Tillväxtverket (Swedish Agency for Economic and Regional Growth): Tillväxtverket provides grants and support for business development, export, and sustainability projects, with funding amounts typically up to SEK 2 million. Their programs are aimed at SMEs and startups focused on regional growth and innovation. Other Notable Public Funding Sources Swedish Energy Agency: Grants for startups working on energy-efficient and sustainable technologies. Forte Project Grants: Funding for startups and researchers in health, working life, and welfare sectors. European Programs: Swedish startups can also access EU funding through programs like EIC Accelerator, Horizon Europe, and EIT Urban Mobility. Incubators and Startup Hubs Sweden’s incubator landscape is extensive, with both national and regional programs offering tailored support: Sting (Stockholm): Provides funding, mentorship, and access to investors for early-stage tech startups. Chalmers Ventures (Gothenburg): Focuses on energy and sustainability, offering long-term support and funding. Minc (Malmö): Offers workspace, business coaching, and investor connections. SmiLe Incubator (Lund): Specializes in life sciences and health tech. BizMaker (Sundsvall): Supports startups in forest, industry, and tech sectors. THINK (Helsingborg): Focuses on IoT, smart home, and consumer tech. Norrsken House (Stockholm): Europe’s largest impact tech hub, providing co-working, events, and a strong community for social entrepreneurs. Legal, Financial, and Operational Support Legal Support: Swedish startups benefit from a transparent legal system and a range of free or subsidized advisory services. Many incubators and accelerators offer access to legal experts who can help with company formation, intellectual property, contracts, and compliance. The Swedish Companies Registration Office (Bolagsverket) provides online resources and guides for company registration and reporting. Financial and Accounting Services: Almi and other public agencies offer financial advisory services, including help with business planning, budgeting, and preparing for investment rounds. Many incubators partner with accounting firms to provide discounted or pro bono services for early-stage startups. Operational Support: Incubators and public agencies offer workshops, mentorship, and training in areas such as sales, marketing, HR, and internationalization. The Swedish Tax Agency (Skatteverket) provides resources and seminars for new entrepreneurs on tax, VAT, and payroll. Connect With Investors in Sweden Using Visible At Visible, we often times compare a fundraise to a B2B sales and marketing funnel. At the top of your funnel, you are finding new investors. In the middle, you are nurturing and pitching potential investors. At the bottom of the funnel, you are working through diligence and ideally closing new investors. With the introduction of data rooms, you can now manage every aspect of your fundraising funnel with Visible. Find investors at the top of your funnel with our free investor database, Visible Connect and find a filtered list of Sweden's investors here. Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms Manage your fundraise from start to finish with Visible. Give it a free try for 14 days here.

If you're a founder raising capital in Connecticut, you're entering one of the Northeast’s most underrated- but increasingly powerful- startup ecosystems. Connecticut has quietly built a network of active investors, forward-thinking public initiatives, and deep institutional support. From sector-specific funds in climate tech, healthcare, and fintech to generalist firms backing early-stage SaaS and future-of-work startups, the state offers a rich funding landscape for companies at every stage. It also has close access to New York and Boston markets, competitive cost of living, and a growing pool of accelerators, university programs, and pitch competitions. In this article, we’ll cover the top venture capital firms fueling Connecticut's startup scene and provide insights into the available resources and opportunities for founders to raise capital in the state. Top Connecticut VCs Glade Brook About: Glade Brook is a global investment firm that specializes in global growth equity, with a focus on internet, software and technology enabled businesses. The firm partners with entrepreneurs and management teams to accelerate growth and maximize long-term shareholder value, from growth stage through IPO and beyond. Hive Hatch Thesis: We invest financial, human, and social capital in awesome founders to help them validate, build, and launch their SaaS startups. Canaan Partners About: Canaan Partners invests more than money in a company—they invest their time, experience, knowledge, connections and team-oriented approach. They place tremendous value on creating working partnerships with entrepreneurs and management teams who have the character and the drive to succeed. Prominent among Canaan's resources is the breadth of operating, managerial and financial experience. Sweetspot check size: $ 10M Oak HC/FT About: Oak HC/FT is a venture and growth equity investment firm that focuses on healthcare information services and financial service technology. The ClimateTech Fund About: The ClimateTech Fund will invest $100 million in innovative companies that are tackling climate change through: Mitigation (preventing and reducing emissions) Adaptation (adjusting to current and future climate impacts) or environmental protection, health and safety The Fund will invest across climate tech verticals, including but not limited to energy, mobility, circular economy, water, food/agriculture and more. The Fund intends to invest in 25 companies over a 10-year investment period. Seed-stage through later-stage (series B/C) investments will be considered for funding, as well as venture funds based in CT or open to relocating here. Ironwood Capital About: Ironwood Capital provides non-control junior capital to middle market companies across the U.S. The firm has invested more than $1 billion in over 100 companies since 2001 and currently invests subordinated debt and minority equity in amounts ranging from $10 million to $50 million. Ironwood’s investments support business owners and financial sponsors in growth financings, recapitalizations, generational transitions and buyouts. For more information, please visit: ironwoodcap.com. Connecticut Innovations About: Connecticut Innovations provides strategic capital and operational insight to to companies in high-tech industries such as energy, biotechnology, information technology, and photonics. Their mission is to be the leading source of financing and ongoing support for Connecticut’s innovative, growing companies. By offering flexible financing, strategic guidance and introductions to valuable partners, Connecticut innovations enable promising businesses to thrive. Acadian Ventures About: Acadian Ventures is the first early-stage venture capital firm specializing in the future of work. Activant Capital About: Activant is a global investment firm that partners with high-growth companies that are transforming commerce. LaunchCapital About: LaunchCapital invests in entrepreneurs who build the future. LaunchCapital focuses on the seed and early stages of development and has invested in over 200 companies Thesis: LaunchCapital was founded in January 2008 with a mission to help entrepreneurs gain quick access to seed capital and mentorship. Why Connecticut is a Hotspot for Startup Fundraising Connecticut has rapidly emerged as a premier destination for startup founders seeking capital, resources, and a supportive environment to launch and scale their ventures. The state’s unique blend of geographic advantages, sector diversity, and robust support systems makes it a compelling choice for entrepreneurs. Strategic Location and Access to Major Markets Connecticut’s proximity to major metropolitan hubs like New York City and Boston provides startups with unparalleled access to large markets, investors, and talent pools. This geographic advantage allows founders to tap into the resources of two of the nation’s most dynamic business ecosystems while benefiting from Connecticut’s lower operational costs and high quality of life. The state’s well-developed transportation infrastructure further enhances connectivity, making it easier for startups to collaborate, attract talent, and reach customers across the Northeast corridor. Thriving and Diversifying Startup Ecosystem Connecticut’s startup ecosystem is experiencing significant growth, driven by a surge in venture capital activity and a strong culture of innovation. The state is home to a growing number of tech hubs and innovation corridors, particularly in cities like Hartford and New Haven. These regions are fostering vibrant communities of entrepreneurs, investors, and mentors, creating fertile ground for new ventures to thrive. The state’s economic outlook for 2025 is especially promising, with projected employment growth of 1.6% and the creation of nearly 30,000 new jobs. Key sectors fueling this expansion include healthcare, advanced manufacturing, and technology, all attracting significant investment and talent. Connecticut’s unemployment rate is projected to remain low, reflecting a robust labor market that supports business growth and innovation. Sector Strengths: Healthtech, Fintech, Manufacturing, and More Connecticut’s legacy industries, such as insurance, financial services, and manufacturing, are undergoing a renaissance, powered by innovation and technology adoption. Hartford, known as the “Insurance Capital of the World,” is now a hotbed for insurtech and fintech startups, while the state’s manufacturing sector is embracing advanced technologies like robotics, AI, and green energy solutions. Healthcare and biosciences are also booming, with world-class research institutions and hospitals driving breakthroughs in telemedicine, medical devices, and personalized medicine. Emerging industries such as green technology and sustainable energy are also gaining momentum, supported by state policies and investment in clean energy and environmental innovation. Robust Support Systems and Funding Opportunities Connecticut’s commitment to nurturing startups is evident in its extensive network of accelerators, incubators, and mentorship programs. Organizations like CTNext, the Connecticut Center for Advanced Technology, and local university innovation centers provide founders with access to funding, expert guidance, and business development resources. The state has also launched significant grant programs and tax incentives, including a $15 million grant pool for business development and targeted support for minority, women, and veteran-owned businesses. Venture capital activity is on the rise, with Connecticut-based and regional VCs actively seeking opportunities in high-growth sectors. The state’s innovation-friendly policies and public-private partnerships further enhance the fundraising landscape, making it easier for founders to access the capital they need to scale. Key Networking Opportunities and Local Resources for Connecticut Founders Connecticut’s startup ecosystem is rich with opportunities for founders to connect, learn, and grow. From major statewide events and pitch competitions to accelerators, coworking spaces, and university-driven programs, the state offers a robust infrastructure to support entrepreneurs at every stage. Below is a comprehensive guide to the most valuable networking opportunities and resources available to Connecticut founders in 2025. Major Startup Events, Pitch Competitions, and Accelerators CT Tech Week: Held annually in June, CT Tech Week is Connecticut’s flagship event for startups, entrepreneurs, investors, and tech enthusiasts. The week features a dynamic lineup of workshops, networking sessions, and pitch competitions, including the Spark Awards and Realist Lab’s Demo Day. It’s a must-attend for founders looking to connect with the state’s innovation community, showcase their ventures, and meet potential investors and collaborators. StartUp Westport Pitch Competition: StartUp Westport, in partnership with the Westport Library, hosts a high-profile pitch competition culminating in a live finale each November. The program supports early-stage Connecticut startups with mentorship, educational resources, and a substantial non-dilutive cash prize. The competition is open to Connecticut-based founders or those with strong state ties, and it’s an excellent platform for exposure and funding. UConn Summer Fellowship Accelerator: The University of Connecticut’s Center for Entrepreneurship and Innovation (CCEI) runs the Summer Fellowship Accelerator, an intensive eight-week program for UConn-affiliated startups. Participants receive $15,000 in non-dilutive funding, one-on-one mentorship, and access to pro bono legal, accounting, and branding services. The top teams advance to the Wolff New Venture Competition, where they can win over $115,000 in additional funding. Coworking Spaces, Incubators, and University Programs Coworking Spaces District New Haven: A vibrant coworking and innovation campus in New Haven, offering flexible workspace, events, and a community of entrepreneurs. Upward Hartford: Located in downtown Hartford, Upward provides coworking, private offices, and a hub for tech and innovation events. The Werth Institute at UConn: Offers coworking, mentorship, and programming for student and alumni entrepreneurs. Incubators and Accelerators reSET: Hartford-based social enterprise incubator and accelerator, providing mentorship, workspace, and funding opportunities for impact-driven startups. Launc[H] Hartford: A public-private partnership supporting early-stage companies with resources, mentorship, and access to capital. The Collaboratory @ CCEI: UConn’s incubator for high-tech startups, offering access to campus facilities and networking opportunities. University Programs Yale Office of Cooperative Research: Supports commercialization of Yale innovations and provides resources for university-affiliated startups. UConn Innovation Portal: Central hub for UConn’s entrepreneurial resources, including grants, maker spaces, and mentorship. CTNext: Statewide initiative supporting entrepreneurs with grants, mentorship, and connections to university resources. Local Government and Nonprofit Resources Connecticut Innovations (CI): The state’s leading venture capital arm, CI provides funding, mentorship, and business support to high-growth startups. CI also runs the VentureClash global venture challenge and partners with local accelerators. CTNext: A key resource for early-stage companies, CTNext offers grants, networking events, and access to a statewide mentor network. Their Entrepreneur Innovation Awards and Talent Bridge programs are especially valuable for founders seeking funding and talent. Connecticut Small Business Development Center (CTSBDC): CTSBDC offers free business advising, training, and resources for startups and small businesses, including help with business planning, funding, and market research. Connect With Investors in Connecticut Using Visible At Visible, we often times compare a fundraise to a B2B sales and marketing funnel. At the top of your funnel, you are finding new investors. In the middle, you are nurturing and pitching potential investors. At the bottom of the funnel, you are working through diligence and ideally closing new investors. With the introduction of data rooms, you can now manage every aspect of your fundraising funnel with Visible. Find investors at the top of your funnel with our free investor database, Visible Connect and find a filtered list of Connecticut's investors here. Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms Manage your fundraise from start to finish with Visible. Give it a free try for 14 days here.

Indianapolis is quickly establishing itself as a powerhouse in the Midwest startup scene, attracting national and international attention for its record-breaking growth and collaborative, founder-friendly environment. In 2024, Indiana’s startup ecosystem saw over $1.05 billion invested across 166 deals, marking one of the highest totals in state history. As 2025 unfolds, the city’s tech sector is projected to expand, and Indianapolis is set to host the Global Entrepreneurship Congress, drawing innovators and investors from around the world. In this guide, we will spotlight the top VC firms in Indianapolis, driving the city's entrepreneurial surge, and provide an in-depth look at why Indianapolis is increasingly recognized as a founder-friendly ecosystem. From identifying active investors to navigating local resources and key networking events, this article is your essential roadmap for raising capital and building a successful startup in Indianapolis. Top Indianapolis VCs High Alpha About: High Alpha creates and funds companies through a new model for entrepreneurship that unites company building and venture capital. Traction metrics requirements: At (or on a path to) $1M in ARR growing at more than 50% per year. Thesis: Scalable Enterprise Cloud Businesses Intrepid Finance & Venture Co. About: Intrepid's technology driven solution enables growing companies by providing Non-Dilutive Growth Capital that helps capital constrained companies realize their fullest potential- allowing founders to focus on what they do best, building their business. Sweetspot check size: $ 160K Traction metrics requirements: Minimum $25,000 MRR Ivy Ventures About: We provide high-potential founders with the smart capital, industry expertise, and partner network they need to accelerate their ideas. Sweetspot check size: $ 750K VisionTech Partners About: We are VisionTech. Over the last decade, we’ve emerged as one of the Midwest’s most active angel investing networks, adding fuel in the form of capital and business acumen to some of the region’s and nation’s hottest early growth companies. Our process is meticulous and proven. Sweetspot check size: $ 265K Innovatemap Ventures About: Innovatemap is a strategy and design partner. We help companies of all sizes design, improve, launch, and scale SaaS products. Our experts are at the forefront of innovation, delivering creative services for high-growth companies through product management, product design, product marketing and brand design. Gravity Ventures About: Gravity Ventures is a member managed seed capital fund based in Indiana and Arkansas, investing in early stage technology and tech-enabled businesses across a variety of industries. What began in 2008 with only a handful of investors managing a single seed capital fund in Indiana, has quickly become an accomplished investment group of more than 60 members overseeing a growing portfolio of early stage technology businesses. Today, Gravity Ventures operates six seed capital funds based in Indiana and Arkansas, and remains dedicated to supporting the endeavors of ambitious entrepreneurs. Boomerang Ventures About: Boomerang Ventures is a combination venture studio and fund. We partner with founders, investors, and institutions that are leveraging technology to disrupt healthcare for the better. Innovate Indiana Fund About: The Innovate Indiana Fund invests in early-stage companies with a meaningful Indiana University connection. Find out more on our website. Allos Ventures About: Investors in early-stage B2B software and business services companies in the Midwest. Located in Cincinnati and Indianapolis. The Startup Ecosystem in 2025 Current trends As later-stage capital becomes more plentiful, state-backed vehicles like the $250 million Next Level Indiana Fund and repeat Indy investors such as High Alpha and Elevate Ventures are now leading Series B and C rounds. This trend is crucial in preventing growth-stage firms from needing to relocate to secure capital. Corporate-startup collaboration is also tightening. Major players like Eli Lilly, Roche, and Salesforce are expanding their local innovation programs, offering early-stage companies opportunities for enterprise-scale pilots and partnerships. These collaborations provide startups with valuable validation and revenue and accelerate their path to market by leveraging the resources and networks of established enterprises. Key Sectors Attracting Investment The Indianapolis startup ecosystem is particularly strong in sectors such as B2B SaaS, life sciences, sports technology, agtech, and advanced manufacturing. High Alpha continues to launch and scale SaaS companies, while the Techstars Sports Accelerator and The Heritage Group Accelerator are drawing attention to sports tech and hardtech. Life sciences remain a pillar of the local economy, with new incubators and accelerators supporting biotech and medtech startups. Programs and University Partnerships Indianapolis benefits from a robust talent pipeline, thanks to partnerships with local universities such as Indiana University, Purdue University, and Butler University. These institutions supply technical and business talent and foster entrepreneurship through incubators, research parks, and innovation districts. Programs like the High Alpha Studio, gBETA Indiana, and Indiana SBDC Export Indiana Accelerator further support founders with training, mentorship, and access to global markets. Diversity and Inclusion Indianapolis's startup community is making significant strides in diversity and inclusion, with several organizations leading the charge to broaden access and opportunities for underrepresented founders: Indy Women in Tech: Works to broaden access to entrepreneurship for women in the Indianapolis tech scene. Champions of Diversity Awards: Annually honors individuals and organizations making a significant impact on diversity and inclusion across all sectors in Indianapolis. Indy Black Chamber of Commerce: Regularly hosts networking events and business development workshops specifically for Black entrepreneurs and minority-owned startups. The Startup Ladies: Organizes monthly meetups, educational sessions, and pitch events aimed at empowering women founders and connecting them with mentors and investors. Intend Indiana: Actively supports underrepresented founders and works to advance economic opportunities within the broader Indianapolis community. Networking and Community Resources for Founders Indianapolis has rapidly evolved into a dynamic hub for entrepreneurs, offering a wealth of networking and community resources that support founders at every stage of their journey. The city’s collaborative spirit is evident in its robust network of accelerators, incubators, coworking spaces, startup events, pitch competitions, and founder groups—all designed to help startups launch, grow, and thrive. Key Accelerators, Incubators, and Coworking Spaces High Alpha stands out as a nationally recognized venture studio and accelerator, specializing in launching and scaling B2B SaaS startups with hands-on support and a deep bench of experienced mentors. gBETA Indiana, operated by gener8tor, offers a free, seven-week accelerator program for early-stage companies, providing individualized coaching and culminating in a public pitch night. Techstars Sports Accelerator Powered by Indy brings together sports tech startups with major partners like the Indianapolis Motor Speedway, offering funding, mentorship, and access to a global network. PAX Momentum, an eight-week accelerator for B2B tech startups in climate tech, AI, and robotics SharpSheets. Indiana SBDC Export Indiana Accelerator helps startups expand internationally, while the 16 Tech Innovation District provides coworking, lab space, and regular programming for entrepreneurs in technology, life sciences, and advanced engineering. Startup Events and Pitch Competitions TechPoint Mira Awards: Indiana’s largest annual tech gala, celebrating innovation and connecting founders with investors and industry leaders. PitchFeast: Offers early-stage entrepreneurs, especially those from underrepresented backgrounds, the chance to pitch their ideas and compete for seed funding. Indy Chamber’s Accelerate Indy Events: Focusing on business growth, they offer events and resources for founders. Indy Startup Meetup: Regular gatherings for founders to connect, share experiences, and learn from one another. Connect With Investors in Indianapolis Using Visible At Visible, we often times compare a fundraise to a B2B sales and marketing funnel. At the top of your funnel, you are finding new investors. In the middle, you are nurturing and pitching potential investors. At the bottom of the funnel, you are working through diligence and ideally closing new investors. With the introduction of data rooms, you can now manage every aspect of your fundraising funnel with Visible. Find investors at the top of your funnel with our free investor database, Visible Connect and find a filtered list of Indianapolis' investors here. Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms Manage your fundraise from start to finish with Visible. Give it a free try for 14 days here.

Cannabis Legal Landscape in 2024 Staying informed about legal developments is crucial for cannabis founders as they navigate the complex and rapidly changing landscape. Understanding the legal environment will help them make strategic decisions, ensure compliance, and capitalize on new opportunities as they arise. Current State of Cannabis Legalization in the U.S. As of 2024, the legal landscape for cannabis in the United States continues to evolve rapidly. Over 20 states have fully legalized cannabis for both medicinal and recreational use, reflecting a growing acceptance and normalization of cannabis across the country. Notably, states such as New York, Virginia, and Connecticut have recently implemented adult-use cannabis programs, adding to the momentum. Federal Status: Cannabis remains illegal at the federal level, classified as a Schedule I substance under the Controlled Substances Act. However, there have been significant legislative efforts to change this. The MORE Act (Marijuana Opportunity Reinvestment and Expungement Act) and the SAFE Banking Act (Secure and Fair Enforcement Banking Act) have gained traction in Congress, aiming to decriminalize cannabis and provide a safer, more accessible financial environment for cannabis businesses. State-by-State Variation: Despite federal prohibition, individual states have continued to pass their own cannabis laws. This patchwork of regulations creates a complex legal environment for cannabis businesses operating across state lines. Entrepreneurs must navigate varying requirements for licensing, taxation, and compliance. Global Cannabis Legalization Internationally, the movement toward cannabis legalization is gaining significant ground. Several countries have either decriminalized cannabis or established legal frameworks for its medicinal and recreational use. Canada: As one of the first countries to legalize recreational cannabis nationwide in 2018, Canada continues to lead in both market development and regulatory structure. Europe: European countries like Germany and Luxembourg are in the process of implementing comprehensive cannabis legalization measures. Germany, in particular, is poised to become the largest legal cannabis market in Europe. Latin America: Countries such as Mexico and Colombia have made strides in legalizing and regulating cannabis, with Mexico expected to finalize its legalization framework soon. Asia: While most Asian countries maintain strict cannabis laws, Thailand has emerged as a regional pioneer by legalizing medical cannabis and considering broader reforms. Significant Changes and Expected Upcoming Legislation U.S. Federal Reform: The potential for federal cannabis reform in the U.S. remains a key area of focus. The passage of bills like the MORE Act and SAFE Banking Act could significantly alter the landscape, offering greater protections and opportunities for cannabis businesses. Interstate Commerce: As more states legalize cannabis, the conversation around interstate commerce is heating up. Allowing cannabis products to move freely between states could open up new markets and reduce costs, but it would require significant regulatory adjustments. Social Equity Programs: There is a growing emphasis on social equity in cannabis legislation. Many states are implementing or enhancing programs designed to ensure that communities disproportionately affected by the War on Drugs have access to opportunities in the legal cannabis market. Global Harmonization: On the global stage, there is an increasing push towards harmonizing cannabis regulations to facilitate international trade and research. This could lead to more consistent standards and practices across countries, benefiting businesses that operate internationally. Cannabis Market Growth and Projections The cannabis industry continues to experience rapid growth, driven by increasing legalization, evolving consumer preferences, and technological advancements. As of 2024, the global cannabis market is projected to reach significant milestones, with substantial growth expected in the coming years. Related Resources: 8 Cannabis Startups With High Growth Potential Market Size and Growth Projections Global Market: The global cannabis market was valued at approximately $43.72 billion in 2022 and is expected to grow to $57.18 billion in 2023. By 2030, the market is projected to reach $444.34 billion, reflecting a compound annual growth rate (CAGR) of 34.03%​​. U.S. Market: In the United States, the cannabis market is anticipated to grow from $13.2 billion in 2022 to around $40.1 billion by 2030, with a CAGR of 14.2%​​. Retail cannabis sales in the U.S. could reach $53.5 billion by 2027​​. Key Trends Shaping the Industry Technological Advancements: Integrating blockchain and artificial intelligence (AI) is expected to revolutionize supply chain management and compliance tracking in the cannabis industry​​. Additionally, personalized cannabis products are gaining traction as consumers seek tailored experiences and products that meet their specific needs. Product Innovation: The trend toward innovative and diverse cannabis products continues to grow. Products such as pre-rolls, edibles, oils, and topicals are becoming increasingly popular. The market for CBD-infused products, including beverages and skincare items, is also expanding rapidly​​​​. Price Compression: Competitive pricing among cannabis brands and retailers has led to significant price declines since 2021. This trend has forced brands to consolidate and adapt to maintain profitability in a highly competitive market​​. Consumer Demographics: Millennials are currently the largest demographic of cannabis consumers in the U.S., capturing nearly 46.2% of all cannabis sales. However, Gen Z is the fastest-growing group, indicating a shift in consumer dynamics and preferences​​. Medical and Recreational Use: The medical marijuana segment continues to dominate the market, accounting for a significant share of revenue due to its acceptance for treating chronic conditions such as cancer, epilepsy, and anxiety. The recreational cannabis segment is also growing rapidly, driven by increased legalization and consumer acceptance​​. Future Outlook The cannabis industry is poised for continued growth and evolution in the coming years. Key factors influencing this growth include: Legalization Trends: More U.S. states and countries worldwide are expected to legalize cannabis for both medical and recreational use, contributing to market expansion and increased consumer access​​. Social Equity Initiatives: There is a growing emphasis on social equity programs designed to support marginalized communities and promote diversity within the cannabis industry​​. Sustainability: Environmental sustainability is becoming a critical focus, with many cannabis companies adopting eco-friendly practices to meet consumer demand and regulatory requirements​​. Emerging Investment Trends in Cannabis As the cannabis industry continues to expand, several emerging investment trends are shaping its future. Investors are increasingly focusing on technological advancements that enhance efficiency and transparency, innovative health and wellness products that cater to growing consumer demand, and sustainable practices that ensure environmental responsibility. Tech Integration Technology is increasingly vital in the cannabis industry, driving advancements across various segments, including cultivation, processing, distribution, and retail. Cultivation: Advanced technologies such as precision agriculture, including sensors and drones, are optimizing cannabis cultivation. These technologies help monitor soil health, moisture levels, and plant growth, allowing for better crop management and higher yields​​. Processing: Innovations in extraction techniques, such as supercritical CO2 extraction, are enhancing the efficiency and quality of cannabinoid extraction processes. This results in purer products and reduces the use of harmful solvents​​. Distribution: Blockchain technology is being implemented to enhance transparency and traceability in the supply chain. Tracking each stage, from seed to sale​​​​, ensures product authenticity and safety. Retail: AI and machine learning are transforming the retail landscape by enabling personalized customer experiences. Predictive analytics help retailers stock the right products and offer personalized recommendations, enhancing customer satisfaction​​. Health and Wellness The health and wellness sector is witnessing a significant rise in the use of cannabis products, driven by growing consumer awareness and acceptance of their medicinal benefits. CBD Products: CBD, known for its non-psychoactive properties, is increasingly being used to treat conditions such as anxiety, epilepsy, and chronic pain. The FDA-approved drug Epidiolex, which contains CBD, is used to treat seizures associated with Lennox-Gastaut Syndrome​​​​. THC and Other Cannabinoids: THC, although psychoactive, is recognized for its therapeutic benefits, including pain relief and appetite stimulation. The development of THC-based products, such as Sativex, is aimed at treating multiple sclerosis and other conditions​​​​. Wellness Products: The integration of cannabis into wellness products such as topicals, tinctures, and edibles is growing. These products are marketed for their potential to provide relief from muscle soreness, inflammation, and stress, contributing to overall wellness​​​​. Sustainability Sustainability is becoming a critical focus in the cannabis industry as companies and consumers prioritize environmentally friendly practices. Eco-Friendly Cultivation: Sustainable cultivation practices include organic growing methods, water recycling systems, and energy-efficient lighting. These practices reduce the environmental impact of cannabis farming​​. Packaging Innovations: There is a growing trend towards sustainable packaging solutions to reduce waste. Companies are adopting biodegradable and recyclable packaging materials to minimize their carbon footprint​​. Corporate Responsibility: Many cannabis companies are implementing corporate social responsibility (CSR) initiatives focusing on sustainability. These initiatives include reducing greenhouse gas emissions, supporting local communities, and promoting social equity in the industry​​​​. Venture Capital Firms Making Cannabis Investments When fundraising, it is crucial that founders spend time communicating with and pitching the right investors. To help founders get a start with finding cannabis investors, we used our free investor database, Visible Connect, to find 12+ investors below: KEY Investment Partners KEY is a Denver-based capital venture firm positioned in the most established market of US cannabis. In addition to their +38 years of investing experience, KEY Investment Partners also produces a cannabis-focused blog (found HERE), which gives insight into current events impacting the legal cannabis industry. Base Ventures Base Ventures is a Berkeley, CA-based venture fund led by Erik Moore. Base Ventures is a seed-stage fund that invests across all verticals of tech companies — with a % of those being in cannabis companies. Erik and his team have made over 100 venture investments with the most recent cannabis investment being in late 2019. Entourage Effect Capital Entourage Effect is one of the largest players in the cannabis industry. They have allocated over $200M into 65+ companies since 2014. Their three managing partners, Matt Hawkins, Andy Sturner, and Dov Szapiro, have a combined 65+ years of venture experience and are not planning on slowing down anytime soon. HALLEY Venture Partners HALLEY Venture Partners has been focused on the cannabis sector for the past five years. The San Francisco-based firm is led by Steve Schuman, who has over 17 years of private and public equity experience, ranging across agriculture, technology, and manufacturing. HALLEY is heavily geared toward the technology sector of cannabis and is looking to build highly-scalable businesses. Related Resource: 14 Venture Capital Firms in Silicon Valley Driving Startup Growth Green Lion Partners Green Lion Partners looks to invest in early-stage ventures throughout the entire cannabis industry. The Denver-based business, founded by Jeffrey Zucker and Michael Bologna, looks to “elevate public perception of the cannabis industry.” Salveo Capital Salveo Capital is focused on creating long term cannabis companies and focuses on empowering the entrepreneurs in charge. Michael Gruber (managing partner) has been involved in the early stage investing environment for 25 years, focusing on tech, finance, and agriculture. Jeffrey Howard (managing partner) has spent 21 years on Wall Street and has become both an advisor and investor of cannabis-based firms. Phyto Psyche Phyto Partners invests in a plethora of different cannabis-based businesses, including SaaS, Data, Biotech, Advertising, and more. The investing firm is led by Larry Schnurmacher, who has invested in 25 private, cannabis businesses over the past five years. Phyto invests more than just capital into the 30+ businesses they have lent help to. McGovern Capital McGovern Capital LLC, based in New York City and Boca Raton, Florida, is a leading private investment firm and Intellectual Property Rights Strategist that originates, funds, structures and implements capital formation, joint ventures and business alliances. Mcgovem Capital LLC invests early-stage capital and provides facilitative services to its investment companies. They provide access to a network of Angel investors comprised of high net-worth individuals, approximately 50% of which are located in the metropolitan New York area, with the rest ranging from the West Coast of the US to several overseas countries. Altitude Investment Management About: Altitude is a New York-based venture capital fund manager focused on the global cannabis industry. The manager's strategy is to invest in a range of early-to-growth stage companies in North America and Europe that support this rapidly growing industry. Our principals have spent their careers launching and managing alternative investment funds, including distressed debt and leveraged credit strategies. We have been involved in highly-regulated industries for decades, and this experience makes our leadership team uniquely qualified to face the regulatory and funding challenges within the cannabis industry. Having invested in the cannabis industry for more than three years, Altitude has deep relationships with legal and regulatory professionals, CEOs of cannabis companies, industry organizations, and consultants. Tuatara Tuatara is a sector-focused private equity firm dedicated to helping great companies realize their vision in the burgeoning cannabis industry. Arcview Capital The Arcview Group is a vertically integrated company servicing the cannabis and hemp industry, built with social justice and responsibility at its core. Arcview has been a trusted global leader for over ten years and nexus for investors, companies, entrepreneurs, and community, providing a broad spectrum of programs and services. Casa Verde Capital Casa Verde was one of the first funds established to focus on the cannabis industry. We believe this industry represents one of the most compelling investment opportunities of our generation. Since 2015, we’ve evaluated thousands of opportunities and invested in a select few. Our goal is to leverage our robust relationships to assist portfolio companies in solving complex issues facing this nascent market. Casa Verde can participate in all stages of the financing cycle, with a focus on investing in scalable, capital-efficient businesses, led by world-class entrepreneurs. Given the natural overlap across the value chain, our portfolio companies frequently work together to help solve operational issues and also create significant value for the businesses involved. Poseidon Poseidon is one of the oldest and most active private equity firms in the cannabis space. They invest in both private and public cannabis companies across various sectors, including technology, cultivation, and ancillary services. Other Funding Strategies and Resources Securing funding is a critical step for cannabis startups aiming to scale their operations and succeed in a competitive market. In addition to traditional venture capital, there are various alternative funding options, grant opportunities, and support programs that can provide valuable resources to cannabis entrepreneurs. Alternative Funding Options Crowdfunding: Crowdfunding platforms have become popular for cannabis startups to raise capital from many small investors. Sites like SeedInvest and StartEngine allow cannabis businesses to reach a broad audience and secure funding without relying solely on venture capitalists​​​​. These platforms allow startups to validate their business ideas and build a community of supporters. Private Equity: Private equity firms are increasingly interested in the cannabis sector, recognizing the long-term growth potential. These firms provide substantial capital investments in exchange for equity stakes, often taking an active role in the company's strategic direction​​. Private equity can benefit established cannabis businesses looking to expand rapidly. Strategic Partnerships: Forming strategic partnerships with established companies in related industries can provide funding and valuable resources. These partnerships can include joint ventures, co-branding opportunities, and supply chain collaborations. Such alliances can help cannabis startups leverage their partners' expertise and networks to accelerate growth​​​​. Grant Opportunities While federal grants for cannabis businesses are limited due to its classification as a Schedule I substance, several states and private organizations offer grants to support cannabis research and business development. State Grants: Some states with legalized cannabis markets, like California and Colorado, offer grants to support cannabis research, social equity programs, and business development initiatives​​​​. For example, the California Cannabis Equity Grants Program provides funding to help individuals from communities disproportionately affected by the War on Drugs to enter the cannabis industry. Examples: California Cannabis Equity Grants Program Overview: Administered by the Department of Cannabis Control and the Governor's Office of Business and Economic Development (GO-Biz), this program provides funding to support local jurisdictions in promoting social equity in the cannabis industry. Eligibility: Designed to assist individuals from communities disproportionately affected by the War on Drugs. Details: Grants can be used for technical assistance, loans, grants, and regulatory compliance support. Colorado Cannabis Business Grant Overview: This program provides grants to support innovative cannabis business models, focusing on social equity applicants. Eligibility: Social equity licensees in Colorado, particularly those who demonstrate a commitment to creating jobs and supporting community development. Details: Grants can be used for business development, regulatory compliance, and operational support. Massachusetts Social Equity Program Overview: The Massachusetts Cannabis Control Commission offers grants to help entrepreneurs from communities disproportionately impacted by previous marijuana prohibition. Eligibility: Applicants must meet specific social equity criteria outlined by the state. Details: Funding is available for business training, technical assistance, and startup capital. Private Grants: Organizations like the Minority Cannabis Business Association (MCBA) and private foundations also offer grants to support diversity and inclusion within the cannabis industry. These grants aim to reduce barriers to entry and provide resources to underrepresented groups​​. Example: Minority Cannabis Business Association (MCBA) Grants Overview: MCBA provides grants to minority-owned cannabis businesses to promote diversity and inclusion within the industry. Eligibility: Minority-owned cannabis businesses with a focus on social equity. Details: Grants can be used for business development, marketing, and operational expenses. What Do Cannabis Investors Want to See in a Potential Investment? Finding the right investors to pitch to is a small part, yet crucial, part of a fundraise. Before building a list of potential investors, founders need to understand what potential investors are looking for in an investment. Check out a few of the most common attributes cannabis VCs look for below: ROI Potential A VC fund’s job is to generate returns for its investors (LPs). In order to do this, they need to build a portfolio that has the ability to generate outsized returns. This means that VCs are looking for portfolio companies that have huge ROI potential and can return the fund to their investors. Related Resource: A Quick Overview on VC Fund Structure Scalability Going hand in hand with ROI potential is the potential for scalability. By having a clear vision for scalability and growth, startups can stand out in the eyes of investors. The potential for growth is a signal to investors that they have the ability to generate huge returns. High Barriers to Entry Another aspect potential investors look for in a potential investment are barriers to entry. In competitive spaces, like the cannabis industry, investors want to see portfolio companies that have built high barriers to compete and take their market share. Branding and Vision Investors will also want to see strong branding and vision from a cannabis startup. This is relevant for any startup but especially important for consumer-facing cannabis startups. Related Resources: Private Equity vs Venture Capital: Critical Differences Find Cannabis Venture Capital Investors with Visible As we mentioned above, finding the right investors to pitch to for a fundraise is crucial to success. Founders need to make sure they are spending their time on the right investors. In order to best help founders filter and find the right investors for their business we built Visible Connect, our free investor database. Give Visible Connect a try here. View here a filtered list of cannabis-based VCs or check out over 18,000 other global VCs at Visible Connect. Related Resources: 10 Angel Investors to Know in Los Angeles The Understandable Guide to Startup Funding Stages

Phoenix has rapidly emerged as one of the most dynamic and resilient startup hubs in the United States, attracting founders and investors with its unique blend of opportunity, affordability, and community. The city has seen a remarkable surge in venture capital activity in recent years, even as national funding trends have cooled. In 2023, startups in the Greater Phoenix region raised an impressive $1.9 billion in venture capital and equity financing—a six percent increase over the previous year, making Phoenix one of the few major markets in the country to experience year-over-year growth in VC funding. While 2024 saw a slight dip, with Arizona-based startups raising $1.2 billion across 129 deals, the region’s ability to maintain billion-dollar-plus annual funding through a national slowdown underscores the strength and resilience of its ecosystem. In this guide, we highlight the top VC firms in Phoenix, fueling the Valley’s momentum, and provide a detailed look at why Phoenix is becoming one of the most founder-friendly ecosystems in the country. From active investors to local resources and networking events, this article is your roadmap to raising capital and building a thriving startup in Arizona’s capital city. Top VCs in Phoenix SEED SPOT About: SEED SPOT is an accelerator focused on supporting impact-driven entrepreneurs across the USA. Traction metrics requirements: Social Impact-related or within one of the UN Sustainable Development Goals (SDGs). Social Leverage About: Social Leverage is a Venture Capital firm which specializes in early-stage investments in the Software, Consumer, and Fintech industries. Thesis: Social Leverage is a partnership that invests in exceptional entrepreneurs. PHX Ventures About: Arizona's most active software investor focused exclusively on B2B SaaS. Arizona Tech Investors About: Arizona Tech Investors (ATI) was founded in 2007 by Arizona-based investors committed to supporting the capital needs of early stage, high growth technology driven companies within Arizona and neighboring states. Bay Wharf Capital About: Bay Wharf Capital is an early-stage generalist firm with an objective of backing and helping early stage startups. Our goal is to help founders make great products and companies. True North Venture Partners About: We invest in and build businesses that help the world transition to a clean and sustainable future. Arizona Founders Fund About: Delivering seed capital to Arizona. Established in 2016, Arizona's first-ever dedicated seed fund. Why Phoenix Is a Hotspot for Startup Fundraising A Thriving Venture Capital Scene Phoenix's venture capital scene is not just surviving- it's thriving. The consistent billion-dollar-plus funding rounds, even during economic downturns, highlight the confidence investors have in the region's startups. This robust investment activity is a clear indicator of Phoenix's growing importance as a startup hub. Sector Diversity and Investment Focus A key driver of Phoenix’s fundraising momentum is its sector diversity and alignment with high-growth industries. Local investors are particularly active in B2B SaaS, cloud technology, fintech, and digital health—sectors that reflect the city’s established corporate base and its growing reputation as a center for innovation. Venture capital firms such as PHX Ventures, Social Leverage, and Arizona Tech Investors have played a pivotal role in fueling this growth, supporting startups that are building the next generation of software, healthcare, and financial technology solutions. Cost Advantages and Quality of Life Phoenix offers founders a significant cost advantage compared to other major tech hubs. Office rents in Phoenix are more than 30 percent lower than in cities like Austin and Los Angeles, allowing startups to extend their runway and invest more in growth. The region’s affordability extends beyond real estate, with Arizona ranking as one of the least expensive states to start a business. This cost efficiency, combined with a high quality of life and more than 300 days of sunshine each year, makes Phoenix an attractive destination for both local and relocating entrepreneurs. A Magnet for Talent Talent is another cornerstone of Phoenix’s rise. Maricopa County was ranked number one in the nation for talent attraction in 2023, and the region now boasts over 100,000 tech jobs. The city’s universities, including Arizona State University and the University of Arizona, provide a steady pipeline of skilled graduates, while the influx of professionals from markets like Los Angeles, the Bay Area, and Chicago continues to strengthen the local workforce. Founder-Friendly Regulatory Environment Phoenix’s regulatory environment is also founder-friendly. Arizona was the first state in the U.S. to launch a fintech regulatory sandbox, allowing startups to test innovative financial products for up to 24 months without the need for full licensing. This progressive approach has made the region especially attractive to fintech, blockchain, and insurtech startups seeking to innovate without unnecessary barriers. A Collaborative Startup Community Perhaps most importantly, Phoenix’s startup community is unified by a collaborative, grassroots spirit. The #yesphx movement, along with regular events like PHX Startup Week and Venture Café, ensures that founders have access to a supportive network of peers, mentors, and investors. Recent successful exits have further energized the ecosystem, with founder capital being recycled into new funds and ventures, creating a virtuous cycle of innovation and investment. Key Events and Resources for Phoenix Founders Building a successful startup in Phoenix means tapping into a vibrant, supportive community. Founders here benefit from a robust calendar of networking events, pitch competitions, and meetups, as well as a growing ecosystem of accelerators, incubators, co-working spaces, and online communities. Top Networking Events, Pitch Competitions, and Meetups Phoenix’s startup scene is anchored by several high-profile events that bring together founders, investors, and mentors: Venture Madness: A premier pitch competition where startups compete for funding and exposure in front of top venture capitalists and business leaders. PHX Startup Week: A flagship event featuring a week of panels, workshops, and networking opportunities for hundreds of entrepreneurs. Startup Grind Phoenix: Regular fireside chats and mixers that connect local founders with global thought leaders and investors. Arizona Innovation Challenge: One of the largest business plan competitions in the country, offering significant funding and support. Seed Spot Demo Day: Showcases impact-driven startups to the community and potential investors. 1 Million Cups Phoenix: Weekly gatherings where founders present their startups and receive feedback from the community. Venture Café Phoenix: Weekly innovation gatherings that foster connections among entrepreneurs, investors, and mentors. Local Accelerators, Incubators, and Co-Working Spaces Phoenix founders have access to a growing number of accelerators and incubators designed to help startups scale: CEI (Center for Entrepreneurial Innovation): Offers mentorship, funding connections, and lab space for bioscience and tech startups. Seed Spot: Nationally recognized for supporting impact-driven ventures with both in-person and virtual programs. Arizona State University’s Venture Devils: Supports student, faculty, and community entrepreneurs with mentorship and funding. Galvanize Phoenix: A popular co-working space with programming, workshops, and a built-in network of fellow founders. CO+HOOTS: A collaborative workspace offering events, resources, and a strong entrepreneurial community. Online Communities and Support Networks Phoenix founders can also tap into a range of online communities and support networks: #yesphx: A grassroots movement and hashtag that has grown into a citywide initiative to connect and support local entrepreneurs. StartupAZ Foundation: Offers resources, peer groups, and leadership development for high-growth founders. Meetup: Features dozens of Phoenix-based groups for tech, SaaS, and early-stage founders. Additional Resources and Opportunities Phoenix’s entrepreneurial ecosystem is further supported by organizations and programs such as: Arizona Commerce Authority: Runs the Arizona Innovation Challenge and provides grants and business development resources. Changemaker Central at ASU: Offers programming and support for social impact founders. Local First Arizona: Provides additional resources for entrepreneurs focused on local impact. Connect With Investors in Phoenix Using Visible At Visible, we often times compare a fundraise to a B2B sales and marketing funnel. At the top of your funnel, you are finding new investors. In the middle, you are nurturing and pitching potential investors. At the bottom of the funnel, you are working through diligence and ideally closing new investors. With the introduction of data rooms, you can now manage every aspect of your fundraising funnel with Visible. Find investors at the top of your funnel with our free investor database, Visible Connect and find a filtered list of Phoenix's investors here. Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms

Massachusetts isn’t just a hub for world-class universities and Red Sox fans—it’s a launchpad for some of the most innovative startups and visionary investors in the world. Boston and Cambridge are home to over 4,000 startups and have produced over 20 unicorns in the last decade alone. The region’s venture capitalists are fueling this momentum, with Massachusetts consistently ranking among the top three states for VC investment in the U.S., logging over 850 venture deals in 2024 and attracting billions in funding across biotech, AI, SaaS, and climate tech sectors. Massachusetts stands out for its unique blend of technical talent, research powerhouses like MIT and Harvard, and a collaborative culture that brings together founders, investors, and industry leaders. The state’s VCs aren’t just check-writers—they’re former founders, operators, and domain experts who help startups win. In the list below, you’ll discover the most active and founder-focused VCs in Massachusetts, each with a direct link to their Visible Connect profile. Top VCs Pillar About: Pillar is a seed-stage VC firm based in Boston co-founded by the CEOs of 22 leading companies. Sweetspot check size: $ 1.50M Thesis: Backing seed-stage founders from the moment of inception. First Star Ventures About: First Star partners with entrepreneurs solving real-world problems using data and machine learning, focusing on applications of frontier technologies such as AI, computational biotech, connected sensors, AR/VR, and blockchain Sweetspot check size: $ 500K Thesis: Technical founders building to solve real-world problems. Deep tech, new computing, climate. Koa Labs About: Koa Labs invests in first time founders and underserved founders (female, immigrant, and BIPOC founders) with technical and scientific backgrounds. We also have a strong preference to health tech and data startups in the Cambridge/Boston and Austin ecosystems. Sweetspot check size: $ 100K Milemark Capital Sweetspot check size: $ 300K Thesis: Milemark invests in diverse teams born of innovation hubs, building scalable businesses, differentiated and defended by proprietary AI systems, models, and data. Hyperplane About: Hyperplane Venture Capital is an investment firm focused on exceptional founders building machine intelligence and data companies. The company was founded by Brendan Kohler and Vivjan Myrto in 2015; and is headquartered in Boston, Massachusetts. 186 Ventures Sweetspot check size: $ 700K Thesis: 186 Ventures is a pre-seed & seed stage venture capital firm based in Boston investing thematically across software sectors. We bring full operational and strategic support and an unparalleled network to founders when they need it most– at the beginning. We focus primarily on the Northeast of the US, although we have already demonstrated an ability to deploy into high growth startups in San Francisco, LA, and other select US cities. 186 Ventures raised its first fund during the Fall of 2021 after the founders of the firm, Giuseppe Stuto & Julian Fialkow, built an angel portfolio of 32 early stage technology companies and found that it was a very important time within the technology sector to establish a new generation, founder first early stage venture capital brand in the Northeast US. LaunchPad Venture Group About: Launchpad Venture Group is an angel investment group that provides funding to early-stage companies. We are geographically focused to Boston and New England area companies. Beacon Angels About: Beacon Angels is a Boston-based angel group that makes investments in the $50,000 to $300,000 range in small, fast-growing companies. Since our 2006 founding, Beacon has invested nearly six million dollars into New England-based startups. Positive exits so far—ranging in multiples from 0.5X to 8X—have delivered an overall, net positive return to our member investors. Boston Seed Capital About: Boston Seed Capital provides early stage funding and support for internet-enabled businesses around the country. But they like to say: They fund from Boston. They are operators who have founded companies, grown companies, raised capital, acquired companies, taken companies public, exited companies and built and led cultures of great places to work. Sweetspot check size: $ 1M Underscore VC About: Underscore VC is a Boston-based venture capital firm. Their investment focus is around trusted cloud intelligence and technology sector. Sweetspot check size: $ 4M Founder Collective About: Founder Collective is a seed-stage venture capital firm that has invested in over 300 startups, including Uber, Airtable, PillPack, SeatGeek, The Trade Desk, Whoop, and Cruise. Founder Collective's mission is to be the most aligned fund for founders at the seed stage. FC has offices in NYC and Cambridge, MA and has been the top-rated seed fund on the Forbes Midas list for four of the last five years. Sweetspot check size: $ 1.25M Traction metrics requirements: Founder-market fit + strong customer use case Thesis: Our mission is to be the most aligned fund for Founders at the seed stage. PJC About: PJC is an early-stage VC firm investing in, supporting, and building relationships with entrepreneurs who are creating the future Sweetspot check size: $ 750K Thesis: We invest in creative entrepreneurs solving big customer problems across all industries and all over North America. RevUp Capital About: RevUp Capital invests and supports revenue-driven B2B and B2C companies. Companies receive $350K-500K in non-dilutive cash delivered in tandem with RevUp's growth platform, which includes strategy and execution support to accelerate market-facing growth. Sweetspot check size: $ 400K Traction metrics requirements: Companies enter our portfolio with $500K-$3M in revenue, a strong growth rate, and plans to reach $10-30M in revenue in 3-5 years. We invest in both B2B and B2C companies. RevUp is committed to investing in women, people of color, and in founders outside of top tier geographies. We believe in you. Thesis: We invest with a singular purpose: to give founders a better shot at success. One Way Ventures About: Founded in 2017 by Semyon Dukach and Eveline Buchatskiy, One Way Ventures is focused on backing exceptional immigrant entrepreneurs. Prior to founding One Way Ventures, Semyon and Eveline have sourced, invested, and nurtured over 50 prominent startups at Techstars Boston. Sweetspot check size: $ 1.25M Thesis: Immigrant founders at the seed stage in sectors characterized by mass movement of people, goods, data, money, etc. Building Ventures About: Building Ventures invests in companies that are reshaping the way we design, build, operate and experience our built environment. We partner with visionary entrepreneurs who will have a profound effect on how and where we live as humans on our planet. Victress Capital About: Victress Capital invests in technology-enabled consumer startups led by diverse leadership. Sweetspot check size: $ 750K Thesis: Consumer-focused. Diversity driven. We are who we invest in. Key Networking Opportunities and Local Resources for Founders Massachusetts offers a rich ecosystem of networking opportunities and resources that empower founders to connect, learn, and accelerate their startups. Whether you’re seeking mentorship, funding, or access to world-class research, the state’s collaborative environment provides a strong foundation for entrepreneurial success. Major Startup Events, Accelerators, and Networking Groups MassChallenge: MassChallenge is one of the world’s largest zero-equity startup accelerators, headquartered in Boston. It supports early-stage entrepreneurs through mentorship, office space, and access to a global network of investors and corporate partners. The annual MassChallenge Boston accelerator culminates in a high-profile Demo Day, drawing hundreds of investors and industry leaders. The Engine: Founded by MIT, The Engine is a venture fund and accelerator focused on “Tough Tech”—startups working on breakthrough science and engineering. The Engine provides funding, lab space, and a robust network of technical and business mentors, making it a key resource for deep tech founders in Massachusetts. Venture Café: Venture Café Cambridge hosts weekly gatherings that bring together entrepreneurs, investors, and innovators. These events offer networking, educational sessions, and opportunities to pitch ideas in a casual, collaborative setting. The Thursday Gathering is a staple for the local startup community. Other Notable Accelerators and Groups Techstars Boston: A leading accelerator program that provides mentorship-driven seed-stage investment and access to a global network. Harvard Innovation Labs (i-lab): Offers resources, mentorship, and funding opportunities for Harvard-affiliated entrepreneurs. MIT delta v: The capstone accelerator for student entrepreneurs at MIT, providing mentorship, funding, and workspace. Startup Boston: Organizes an annual multi-day conference and year-round events to connect founders, investors, and startup talent. University and Research Institution Resources MIT (Massachusetts Institute of Technology): MIT is a global leader in innovation, offering founders access to cutting-edge research, entrepreneurship programs, and funding opportunities. Resources include the Martin Trust Center for MIT Entrepreneurship, the MIT Sandbox Innovation Fund, and the MIT Venture Mentoring Service. Harvard University: Harvard’s innovation ecosystem includes the Harvard Innovation Labs, the Harvard Business School Rock Center for Entrepreneurship, and the Harvard Life Lab. These resources provide mentorship, funding, and workspace for student and alumni founders. Northeastern University Center for Entrepreneurship Education: Provides experiential learning, mentorship, and funding for student startups. State and City Government Programs Supporting Startups MassDevelopment: MassDevelopment is the state’s finance and development agency, offering loans, grants, and technical assistance to startups and growing businesses. The agency also supports innovation districts and infrastructure projects that benefit the startup ecosystem. MassVentures: MassVentures is a venture capital firm backed by the Commonwealth of Massachusetts, investing in early-stage, high-growth startups. The firm also runs the START program, which provides non-dilutive funding to help companies commercialize new technologies. Massachusetts Life Sciences Center (MLSC): MLSC offers grants, tax incentives, and capital funding to life sciences startups, supporting innovation and job creation in the sector. City of Boston Office of Economic Development: The City of Boston provides resources for small businesses and startups, including permitting assistance, grants, and connections to local accelerators and coworking spaces. Additional Resources Greentown Labs: The largest climatetech startup incubator in North America, based in Somerville, MA, offering lab space, prototyping resources, and a strong community for climate-focused founders. MassChallenge HealthTech: A specialized accelerator for digital health startups, connecting founders with leading healthcare organizations. Visible Hands: An accelerator and venture fund supporting underrepresented founders, with a focus on women and people of color. Why Massachusetts is a Powerhouse for Startup Fundraising Massachusetts stands out as one of the most dynamic and influential startup ecosystems in the United States, consistently ranking among the top regions for innovation, venture capital activity, and entrepreneurial success. The state’s unique blend of world-class universities, a highly educated workforce, and a collaborative business environment has made it a magnet for both founders and investors. A Leading Hub for Innovation and Venture Capital Massachusetts—anchored by Boston and Cambridge—has long been recognized as a global leader in technology, life sciences, healthcare, and deep tech innovation. The presence of renowned institutions like MIT and Harvard fuels a steady pipeline of talent and groundbreaking research, which in turn attracts significant venture capital investment. The state’s innovation districts, such as Kendall Square in Cambridge, are often cited as some of the most concentrated hubs of entrepreneurial activity in the world. Key Statistics on VC Activity and Startup Growth Top 3 in U.S. VC Activity: Massachusetts consistently ranks among the top three states for venture capital investment, alongside California and New York. In 2024, the state logged over 850 venture deals, maintaining its position as one of the country’s most active regions for startup financing. Record Funding Volumes: In 2021, Boston-area VCs invested over $22 billion, and while deal volume slightly declined in 2023–2024, the region remains a powerhouse for both early-stage and growth-stage funding. Diverse Industry Focus: Massachusetts VCs are known for their investments in high-growth sectors such as biotech, healthcare, SaaS, AI, fintech, and climate tech. The state’s life sciences sector alone attracted more than $5 billion in venture funding in 2023, making it a global leader in biotech innovation. Startup Density and Success: Boston and Cambridge are home to thousands of startups, with the region producing multiple unicorns and high-profile exits each year. The density of accelerators, incubators, and support organizations further amplifies the state’s startup success rate. Academic and Corporate Synergy: The close proximity of top universities, research hospitals, and Fortune 500 companies creates a unique environment where startups can rapidly prototype, pilot, and scale their innovations. Connect With Investors in Massachusetts Using Visible At Visible, we often times compare a fundraise to a B2B sales and marketing funnel. At the top of your funnel, you are finding new investors. In the middle, you are nurturing and pitching potential investors. At the bottom of the funnel, you are working through diligence and ideally closing new investors. With the introduction of data rooms, you can now manage every aspect of your fundraising funnel with Visible. Find investors at the top of your funnel with our free investor database, Visible Connect and find a filtered list of Massachusetts' investors here. Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms Manage your fundraise from start to finish with Visible. Give it a free try for 14 days here.