New Missouri Technology VC Fund Led by Missouri Entrepreneurs

St. Louis, MO, April 18, 2012 --(PR.com)-- Cultivation Capital is a new early-stage venture capital firm investing in technology companies in Missouri. The firm has held its first investment committee meeting on April 17, and will announce its first investments soon.

Missouri entrepreneurs launching technology companies face a funding gap after seed and angel funding. Cultivation Capital is filling that gap by making investments up to $1 million into high-growth technology companies in Missouri. Cultivation Capital is supported in these efforts by key ecosystem partners including startup accelerator Capital Innovators and grant program Arch Grants which are seeding new businesses with high-growth potential.

The growing base of technology companies including software, internet, mobile, data, security, and cloud, present a viable opportunity for follow- on investment at all capital levels. Cultivation Capital’s team advises entrepreneurs on positioning themselves for a path of continued business development and funding at the next stages of growth. Cultivation Capital believes the ecosystem will continue to grow and the number of technology entrepreneurs with potential for success will grow with it.

The Cultivation Capital team is led by General Partners and experienced entrepreneurs Brian Matthews, Peter Esparrago, Jim McKelvey and Rick Holton, Jr., who have a combined track record of more than 25 companies started, over $200 million raised and multiple exits. The team includes Associate Partners Kyle Welborn and Israel Vicars.

Cultivation Capital is currently seeking opportunities in Missouri. Interested entrepreneurs can submit an application for consideration at cultivationcapital.com/apply. More information about Cultivation Capital can be found at cultivationcapital.com.