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E147: The RTP Angel Fund
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E147: David opens with the weekly venture update then Paul interviews John Cambier, Fund Administrator for the RTP Angel Fund.
RTP AF is based in the Raleigh-Durham-Chapel Hill area of North Carolina. It is a committed capital fund launched in the Summer 2023 with an aim to invest in and work with companies to help them grow and achieve scale.
It's a member-managed fund with a diverse investor base of over 50 North Carolinians who may also invest additional funds alongside the Fund on any given investment.
The fund is generally sector agnostic and typically invests at the early stages of funding for a company in an amount ranging from $50k to $250k, with an average investment amount of $150k. Focused on early-stage investment opportunities located in the Research Triangle Park region of North Carolina, they also consider deals originating throughout North Carolina and the southeastern United States. (recorded 8/26/24)
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