31 Mar Angel investors take bigger role in funding startups
Posted at 14:42h
in News
“While the national media has obsessed over unicorns and billion-dollar valuations such as Uber and Airbnb, Virginia’s venture capital landscape has been quietly evolving in significant ways with the rise of regionally focused and civic-minded angel investor groups such as NRV, 757 Angels in Hampton Roads and CAV Angels in Charlottesville. Some of these groups are now providing critical early-stage capital to startups. That type of investment once was the purview of larger, institutional venture capital firms funded by clients such as pension funds.”