Dynamo Ventures, a supply chain-focused seed stage venture capital fund based in Chattanooga, Tennessee, announced Wednesday that it had successfully raised a $43.21 million Fund II.
That’s more than double the size of Dynamo’s $18 million Fund I, which it raised in 2016 and has now fully deployed into a portfolio of companies. Dynamo said that it will continue to write seed-stage checks, typically between $250,000 and $1.2 million, to FreightTech startups that are looking for product/market fit.
https://www.freightwaves.com/news/dynamo-ventures-raises-43m-fund-ii-for-freighttech-seed-investing