Valley Strong Invests $1.5 Million With Kern Venture Group
11/08/21, 7:25 PM
Location
Money raised
$1.5 million
Round Type
seed
Valley Strong Credit Union has committed $1.5 million to Kern Venture Group's next fund (KVG) to support investment in the Central Valley. The money will be used to establish a $10 million fund to target early stage seed investments in startup companies looking to turn revolutionary ideas into disruptive businesses.
Company Info
Location
bakersfield, california, united states
Additional Info
Kern Venture Group is the first seed stage venture fund headquartered in Bakersfield. It currently manages a portfolio of over 20 startup companies with an investment thesis focused on supporting an entrepreneurial ecosystem in the Central Valley.