1809 Capital, a new venture fund established to benefit Miami University alumni announced the first close of its initial fund as it seeks to reach its $10M funding goal. The growth-stage fund aims to attract top-tier venture capital deal flow and plans to donate a majority of its carried-interest to the Miami University Foundation to support entrepreneurship at Miami.
With this first closing of capital, the fund is now active, and has closed on its first investment, Coda.io located in Mountain View, CA, participating with leading west coast venture capital syndicate partners.
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