South Dakota angels have eyes for Minnesota tech startups


A newly formed out-of-state angel fund called Two Bridges Capital is increasingly seeing investment opportunities in and around Minnesota’s many tech startups, according to due-diligence chair Ben Hanten.

Administered by Enterprise Institute, the Brookings-based fund has pooled $1m from 17 different South Dakota angel investors with the objective of “supporting upper-Midwest entrepreneurs through capital and counsel,” he says, adding that “We’ve already met some Minnesota tech companies and would like to know more.”