Utah Fund of Funds
I’ve had quite a bit of interaction with Jeremy Neilson at the Utah Fund of Funds and I thought that it would be good to give him and the Fund a “Shout-out.”
From what I understand, the UFoF has already made 9+ investments in various venture funds that are connected to Utah. Here’s a list of the early-stage firms that they have displayed on their website:
- vSpring Capital – an early-stage venture capital fund focusing on information technology and life sciences.
- 5AM Ventures – a seed and early-stage venture capital fund focusing on life sciences.
- Highway 12 Ventures – an early-stage venture capital fund focusing on technology and healthcare companies.
- University Opportunity Fund – an early-stage venture capital fund that co-invests alongside local and national venture capital funds.
- RWI Ventures – an early-stage capital fund focusing on technology and life science companies.
I met Phil Reed, the general partner at Highway 12 Ventures a few weeks back and he is stoked about the Utah investment market. While their headquarters are in Boise, ID; they are anxious to get tapped into the entrepreneur and investment market here in the state. In fact, I believe that they have already made 3-5 investments in Utah companies.
What does all of this mean? More Money in Utah!
Props to Jeremy & the Utah Fund of Funds. Now if we could only get them to make investments into angel funds…
Comments(2)
[...] Spencer of Utah Tech Spotlight had some interesting thoughts on this event. Brock Blake also speaks highly of [...]
Well that’s great news and a great shout out. There’s nothing wrong with more money in Utah. Not if you live in Utah, anyway.