Recently launched Chicago-based Math Venture Partners, led by two Northwestern entrepreneurship lecturers, takes aim at the early stage with $28m.

Math Venture Partners, a new venture fund based in Chicago and led by two Northwestern entrepreneurship lecturers, has raised $28m for series A investments.

Math is already put ink on 14 investment deals and has invested $4.5m so far, half of which have been in Chicago. The fund is primarily targeting series A opportunities and looking to provide between $500,000 and $1m a time. As a secondary focus, Math is also searching for seed deals, for which it is providing…