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Sixty8 Capital Announces Close of $20 Million Fund to Support Diverse Startup Founders

Sixty8 Capital Announces Close of $20 Million Fund to Support Diverse Startup Founders
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Sixty8 Capital announced the first close of its new $20 million venture fund.
(Image: Sixty8Capital- Facebook)
Indianapolis-based Sixty8 Capital has closed its new $20 million venture fund to primarily invest in underrepresented founders, with an emphasis on providing support in the Midwest.
Investors of the venture fund include the Indiana Next Level Fund, 50 South Capital, Bank of America, Eli Lilly and Company, First Internet Bank, and the Central Indiana Community Foundation.
According to its website, Sixty8 Capital highlights undercapitalized founders and innovators. Kelli Jones is managing partner and Paul Ehlinger is venture partner of the Indianapolis-based, seed-stage venture capital (VC) firm supporting Black, Latinx, women and LGBTQ+ led startups. ....

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Sixty8 Capital Announces First Close of $20 Million Fund to Support Diverse Founders

INDIANAPOLIS, May 10, 2021 /PRNewswire/ Â Sixty8 Capital, an Indianapolis-based, seed-stage venture capital (VC) firm supporting Black, Latinx, women and LGBTQ+ led startups, announces today the first close of its new $20 million venture fund. Investors include The Indiana Next Level Fund, 50 South Capital, Bank of America, Eli Lilly and Company, First Internet Bank and the Central Indiana Community Foundation. Led by Managing Director Kelli Jones, Sixty8 Capital is industry-agnostic and will focus initially on seed investments between the coasts, with an emphasis on the Midwest. Sixty8 Capital is powered by Allos Ventures, one of Indiana s most active VC firms, with Allos Paul Ehlinger serving as venture partner. ....

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