New seed funds pursue AI, hard tech and the Midwest

New seed funds pursue AI, hard tech and the Midwest

Stories about seed funding often contain sappy metaphors about planting seedlings and nurturing them to maturity. In reality, it’s a brutally Darwinian business: most companies fail, successful ones get diluted and exits commonly take a decade or more. That said, seed also has the highest potential returns of any investment stage. Unlike most VCs, seed …