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Chingona Ventures Lands $52M To Fund Overlooked Founders In Massive Markets

Chingona Ventures Lands $52M To Fund Overlooked Founders In Massive Markets

05/07/22, 1:51 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgchicago
Money raised
$52 million
Industry
artificial intelligence
software
Chingona Ventures, a three-year-old, Chicago-based venture outfit that invests in pre-seed startups, primarily in the Midwest and primarily founded by overlooked individuals who are focused on massive markets, has closed a new fund with $52 million in capital commitments. Limited partners in the new fund include PayPal Ventures, Norwest Venture Partners, Melinda Gates’s Pivotal Ventures, Foundry Group, and the Office of the Illinois State Treasurer’s Illinois Growth and Innovation Fund, among others.

Company Info

Company
Chingona Ventures
Location
chicago, illinois, united states
Additional Info
Both startups underscore Chingona’s areas of interest, which include fintech startups, as well as startups focused on health and wellness, food tech, and the future of learning.