Andersons’ venture-capital arm ready to boost start-ups


Story excerpt provided by The Blade.

Written by Jon Chavez.

The Andersons Inc. has launched a venture capital fund to help it find and partner with innovative companies or entrepreneurs involved in developing technologies or breakthroughs in agriculture.

The Maumee Ventures fund was capitalized at the end of December by The Andersons, and although the company declined to disclose the size of the fund, company spokesman Debra Crow said the fund could invest up to $5 million each in start-ups looking for seed money or more mature companies looking for a second round of funding.

“We’re seeing it as an opportunity to leverage the expertise and the forward-thinking of some of these start-ups,” Ms. Crow said.

Click here to read the complete article.

Originally published January 29, 2015.

View original post


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s