49th State Angel Fund

company

About

The 49th State Angel Fund is an investment fund that indirectly invests in Alaskan businesses.

  • 1 - 10

Highlights

Details

Industries
Finance,Financial Services,Venture Capital
Founded date
Feb 14, 2012
Number Of Employee
1 - 10
Operating Status
Active
Investor Type
Fund of Funds,Government Office,MVC,Venture Capital

The 49th State Angel Fund is an investment fund that indirectly invests in Alaskan businesses. Started in 2012 by a $13.2 million allocation from US Department of Treasury's State Small Business Credit Initiative, 49SAF is a venture capital function run by the Municipality of Anchorage. They work with Partner Funds to provide a dollar for dollar, private to public funding match for investments. Fund managers in turn provide managerial and entrepreneurial expertise to their investees, creating economic benefit for the citizens of Anchorage.

Investments

Number of Investments
Number of Lead Investments
2
0
49th State Angel Fund has made 2 investments. Their most recent investment was on Oct 7, 2022, when 60Hertz Energy raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Oct 7, 2022 60Hertz Energy
Angel Energy
May 24, 2021 60Hertz Energy
Series A $1.30M Energy