Tuesday, May 14, 2019

Hall Venture Partners Adds $10M To Investment Fund

Provo, Utah-based Hall Venture Partners says it has raised $10M in its first investment fund, Hall Opportunity Fund 1, which will invest in both new and expanding operating businesses in the "opportunity zone" in Provo. According to the venture investment fund, led by David Hall, Derek Weber, Matt Van Dyke and David Kunz, it ultimately is looking to raise a total of $100M for investments in venture growth businesses within Utah. Hall Venture Partners said that there are more than 25 companies active in multiple sectors spanning seed stage to growth stage on the Provo, Utah technology campus of Hall Labs.