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Hyde Park Venture Partners Secures $98 Million for High-Growth Tech Startups

Hyde Park Venture Partners

Funding Amount
USD 98.0M
Company Size
2-10 employees
Industry
Venture Capital and Private Equity Principals

Hyde Park Venture Partners is excited to announce the successful closing of a new funding round, raising an impressive $98 million to further propel our mission of empowering high-growth, mid-continent technology startups. As an early-stage venture capital firm based in Chicago, we have always targeted exceptional founding teams with the potential for rapid scaling, and this latest infusion of capital will enhance our ability to identify and support these ambitious entrepreneurs. With this new fund, we plan to concentrate on companies that are seeking their first or second round of capital, allowing us to foster innovation across diverse sectors of the tech landscape. Our team remains highly committed to providing not only financial backing but also strategic guidance to ensure that our portfolio companies achieve their growth objectives. With our deep expertise and robust network, we aim to help these startups navigate the complexities of their growth journeys, ultimately contributing to the vibrant tech ecosystem in the mid-continent region. This funding round signifies our confidence in the potential of local innovators and our commitment to adding meaningful value at every stage of the investment process. As we move forward, we are eager to partner with exceptional teams and help them unlock their full potential, driving forward the next wave of transformation and technological advancement. Thank you to our investors for their continued trust and support as we embark on this exciting new chapter.

January 7, 2025

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Investors

NVNG

Cintrifuse Capital

Illinois Growth and Innovation Fund

RK Mellon Foundation

Renaissance Venture Capital

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