HomeUSABoot64 Ventures Launches $10M Fund

Boot64 Ventures Launches $10M Fund

Boot64 Ventures

Boot64 Ventures, a New Orleans, LA-based early-stage venture capital firm, announced the closure of its Magnolia Fund I at $10M.

Led by managing partners John Roberts III and Mickal Adler, who will leverage industry expertise and insider knowledge to pinpoint investment opportunities, the fund aims to invest in startups across sectors like healthcare, life sciences, food & beverage, music-tech, agriculture, and logistics in Louisiana.

The fund’s strategic initiatives include:

  • Targeted Investment Sectors: Focusing on high-growth industries that align with Louisiana’s economic priorities.
  • Engagement with Experts: Collaborating with industry leaders to ensure investments are well-informed and impactful.
  • Support for Founders: Providing robust support systems for entrepreneurs to scale their operations effectively.

To date, the Magnolia Fund I has invested over $1 million across eight portfolio companies.

Boot64 Ventures is a venture capital firm dedicated to empowering entrepreneurs and stimulating economic growth in Louisiana.

VCWire

06/05/2024