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Lightbank Creates Fund For Midwest Entrepreneurs

Tuesday, March 16, 2010 5:02:00 AM PDT | VentureDeal Staff

Chicago, Illinois  --  Two of Chicago's leading technology entrepreneurs have collaborated to create a new venture capital fund.

Called Lightbank, the fund intends to invest $100 million in technology startups over a ten-year period.

The firm will focus on Midwest located companies and intends to take an active role in guiding and nurturing the companies throughout their growth phases.

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