Chicago Ventures closes $66 million second fund
Chicago Ventures has raised a $66 million second fund for early-stage deals.
It follows a $40 million fund raised three years ago. Chicago Ventures said it added Eric Lunt of Signal, Sam Yagan of ShopRunner, Brian Spaly of Trunk Club and Godard Abel of SteelBrick as advisers.
Chicago Ventures is the latest local venture firm to raise a follow-on fund—good news for startups, which often have struggled to find capital. Others that have raised new funds include OCA Ventures, Hyde Park Venture Partners and Corazon Capital.
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http://www.chicagobusiness.com/artic...e-capital-fund
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