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South Loop Ventures closes $21M fund in Houston to build up local tech ecosystem


South Loop Ventures, a Houston-based venture firm, announced a $21 million Fund I, with Rice Management Company and Chevron Technology Ventures serving as

He said the fund is general and will invest in founders nationwide, though it does have a preference for sectors that “reflect the industrial strength of Houston,” such as healthcare, energy, space, and climate. “We strongly believe that venture capital should be accessible to everyone and that underinvested and diverse teams offer a unique opportunity for significant returns,” he said. From there, he went to Ohio State, where he helped manage a pool of money to later invest in Midwest-focused VC funds and startups spun from the university.

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