George Arida leading medical and technology fund
George Arida, second from left, speaks on a venture capital panel at the Wisconsin Entrepreneurs’ Conference in Madison in 2017.
Madison investor George Arida is raising a $15 million venture capital fund, 30Ventures Fund I L.P., according to a new SEC filing.
The filing indicates Arida launched the offering May 31, and does not yet have investors committed to the fund. According to state records, 30Ventures was established in September 2017 and is based at the University Research Park in Madison.
Arida did not respond to requests for comment Friday and Monday regarding the fund. According to his LinkedIn profile, 30Ventures will invest in early-stage Midwestern companies in the medical diagnostics, biotechnology tools, medical device, and industrial water and chemistry sectors. The 30Ventures company page on LinkedIn says the company plans to participate in series A and series B rounds for innovations that can impact human health care.
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