Venture capital firm looks to raise, invest $7.5M

harbertA venture capital firm with an office on Cary Street is looking to put more money into start-ups.

According to Tech Journal South, Harbert Venture Partners is raising $7.5 million to invest in the Southeast region. And although the company had no comment, it stands to reason that at least some of that money will be invested in start-ups in the area.

Read the full article here.

From the story:

Harbert Management Corp. had more than $15 billion under management as of 2007.

According to the filing with the U.S. Securities and Exchange Commission, the firm has raised $325,000 of the fund targeted at $7.5 million.

Harbert Venture Partners, a subsidiary of international investment firm Harbert Management Corp., invests in start-ups, with a typical investment ranging from $500,000 to $3 million.

A Harbert Partner was not immediately available for comment.

Their website says that they usually invest in technology and health care, two big sectors in Richmond’s economy.

David Larter is a BizSense reporter. Please send news tips to [email protected]

harbertA venture capital firm with an office on Cary Street is looking to put more money into start-ups.

According to Tech Journal South, Harbert Venture Partners is raising $7.5 million to invest in the Southeast region. And although the company had no comment, it stands to reason that at least some of that money will be invested in start-ups in the area.

Read the full article here.

From the story:

Harbert Management Corp. had more than $15 billion under management as of 2007.

According to the filing with the U.S. Securities and Exchange Commission, the firm has raised $325,000 of the fund targeted at $7.5 million.

Harbert Venture Partners, a subsidiary of international investment firm Harbert Management Corp., invests in start-ups, with a typical investment ranging from $500,000 to $3 million.

A Harbert Partner was not immediately available for comment.

Their website says that they usually invest in technology and health care, two big sectors in Richmond’s economy.

David Larter is a BizSense reporter. Please send news tips to [email protected]

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hmmm
hmmm
14 years ago

technology is big in richmond????

really, where?

I do appreciate this site though as at least it is an example of someone trying to start something…