Venture-capital firm to fund technology
Three partners have approached completion of the initial round of financing for a venture-capital fund that will focus specifically on the licensure and development of technology.
Karl Dakin, Charles Demarest and Russell Disberger call the fund Tekquity Ventures LLC. Seed money for the fund was secured in increments of $12,500, with a required minimum purchase of two units or $25,000. The principals have reached their first goal — to raise a minimum of $300,000 and a maximum of $500,000 — and expect to move into a second round of fund-raising early next year.
Tekquity, which will be based in the the Colorado…
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