Valley Growth Ventures, whose founding partners include Youngstown State University, has begun talks with a healthcare-focused startup that could result in its first investment.
Valley Growth Ventures, a micro-VC fund launched by partners including Youngstown State University, has closed a $6m vehicle featuring commitments from 44 private investors.
The private investors supplied a total of $3m, matched by state-owned economic development agency Ohio Third Frontier’s Pre-Seed/Seed Plus Fund Capitalization Program.
Valley Growth Ventures was created in 2016 by partners including Youngstown State University, through its investment arm YSU Research Foundation, healthcare provider Mercy Health, Ohio Third Frontier and Ohio state-backed Youngstown Business Incubator.
The…
