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Utah s Kickstart Seed Fund has closed a new $230 million fund, more than double the value of its last fund in 2020 and the largest to date for one of the state s most well-established and active venture capital firms.
As state, federal and tech industry leaders scrambled to find a solution over the weekend, many founders and CEOs wondered whether they would be able to pay their employees after Silicon Valley Bank failed.
Utah leaders were preparing a contingency plan ahead of federal regulators’ decision to cover depositors at failed Silicon Valley and Signature banks. Learn more.