Chicago Ventures raises $63M to back seed-stage startups located anywhere but Silicon Valley – TechCrunch
Chicago Ventures raises $63M to back seed-stage startups located anywhere but Silicon Valley Buzzy mega-rounds and high-profile IPOs often dominate headlines. But many of those companies were once early-stage and scrapping to raise a seed round. Today, Chicago Ventures, a VC firm that often leads seed-stage rounds, announced the close of its third fund — a $63 million vehicle that it’s already put to work. Chicago Ventures (which is based in Chicago, where else?) has a very specific set of criteria when it looks to back companies. For one, as mentioned, it not only wants to back seed-stag...