NLV: Next Level Ventures announced the first close of its third Iowa strategic investment fund, NLV Fund III–its fifth fund overall. The firm also completed its first investment from NLV Fund III, a seed investment in Genvax Technologies, based in Ames, IA. NLV Fund III remains open to accredited investors.
"We are thrilled to launch our third Iowa Innovation Fund," said Liz Keehner, Principal at NLV. "Next Level Ventures has a long history supporting Iowa entrepreneurs and startups, and we're thankful to our initial investors who believe in our mission to foster innovation across the state.”