Las Olas closes maiden fund on $28.5m
Las Olas Venture Capital (LOVC) has closed its maiden fund on $28.5m.
Domiciled in Florida, the vehicle will target seed and series A investments in B2B startups. The fund will focus on enterprise software, tech-enabled business services, financial technology, education technology among other sectors.
Las Olas VC I LP will deploy up to $1m per company, with the view to invest reserves of up to an additional $2m in follow on rounds.
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