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Local venture fund raises $20M to invest in diverse startups
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Sixty8 Capital, an Indianapolis-based, seed-stage venture capital firm supporting Black, Latino, female and LGBTQ-led startups, announced Monday 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 Co., First Internet Bank and the Central Indiana Community Foundation.
Jones
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 being operated in partnership with Indianapolis-based Allos Ventures, one of Indiana’s most active VC firms. Allos principal Paul Ehlinger serves as Sixty8 Capital venture partner. ....

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