Dayton launches Rotunda Fund | & Zoom | Capital Midwest Fund

  • DAYTON, OH—The Entrepreneurs’ Center has announced the launch of the Rotunda Fund, a revenue-based investment fund for area entrepreneurs and small businesses that are clients of the Entrepreneurs’ Center (EC). The investment is different in that it’s paid back monthly as a negotiated percentage of sales over a period of five years or at a 2x return to the fund.

  • INDIANAPOLIS, IN—Virtual collaboration platform has received funding as part of the second batch of investments from the Zoom Apps Fund, a $100 million global venture fund with goals to stimulate growth of the ecosystem of Zoom Apps, integrations, developer platform, and hardware. creates customizable virtual spaces for collaborative events, meetings and workshops.

  • MILWAUKEE, WI—VC firm Capital Midwest Fund (CMF) has closed on the first $41 million of its fourth fund. CMF IV is targeting $100,000,000 of aggregate capital commitments, which would make this the largest fund for CMF to date. CMF IV’s investment thesis centers on CMF’s success of investing in revenue-generating technology companies in the central United States.

  • ST. LOUIS, MO—Clever Real Estate, an online platform for consumers to find real estate agents and save on commissions, announced $8 million in Series B funding in a round led by Cultivation Capital, along with strategic investment from The Mortgage Collaborative (TMC) Emerging Technology Fund. The funds will be used to expand Clever’s team and accelerate the platform’s expansion into the mortgage vertical.