New investors want to AMP up seed funding in Minnesota
Four business partners in Wayzata have recently formed AMP Partners to make early stage tech investments in Minnesota startups.
Daren Marhula, Brad England, Mark Donahoe and Chris Palm are pooling an undisclosed amount of their own money “made between investment banking, Wall Street and property management,” Marhula says. Between Macalester, St. Thomas and the University of Minnesota, all four have roots in Minnesota.
AMP doesn’t have much tech investing experience but their appetite for opportunity in local early stage ventures is real he affirms. “We’ve been low profile until now.”