Plymouth Venture Partners raises $41M fund, surpasses goal
The Plymouth Management Company, commonly known as Plymouth Venture Partners, has recently closed its second investment fund, raising $41 million and surpassing its goal of $30 million. The eight-year-old venture capital firm raised $23.5 million in its first fund, resulting in 29 investments in mostly firms in the Great Lakes region. Among its most notable successes were Pump Engineering (acquired in late 2009 for $27 million) and Accuri Cytometers,... [Read More...]
No Word on 2009 21CJF Competition
SEIC Board did not mention next round of competition at meeting The SEIC Board at their meeting last Friday never mentioned the next round of the 21st Century Jobs Fund competition. What they did discuss was how to handle the available $6.7 million that isn’t getting claimed from the most recent round of competition. Two more companies, Avidimer Therapeutics and Accuri Cytometers joined Cielo Med Solutions in not agreeing or unable to take the... [Read More...]
