How is Atland Ventures affiliated with the University of Minnesota?
Atland Ventures is a for-profit entity independent from the University of Minnesota Twin Cities, and although it has members who are University of Minnesota students and may have University employees associated or engaged in its activities and affairs, the organization is not a part of or an agency of the University. The University of Minnesota does not supervise or control Atland Ventures and is not responsible for its statements, acts or omissions.
Who is eligible to submit investment requests?
Atland Ventures accepts inquiries from prospective entrepreneurs regardless of affiliation with the University of Minnesota. However, we have a preference for companies that have strong ties with the Midwest startup ecosystem.
What is your investment criteria?
We invest in Seed and Series A companies that have grown enough to attract a priced round of financing from an established venture capital firm or angel investing network that will serve as the lead investor.
Atland Ventures seeks to invest up to $30,000 in portfolio companies. If our portfolio companies have demonstrated sustainable and successful growth, we are willing to take part in follow-on rounds for higher amounts.
How much funding does Atland Ventures invest?
Our Fall 2019 application has closed. They will re-open in Spring 2020! Please follow and like our LinkedIn, Facebook, and Twitter pages to receive any updates.