Twin Cities Angels Is Raising A Third Fund


Twin Cities AngelsTwin Cities Angels (TCA) is raising a third fund — aptly named Twin Cities Angels 3 — and seeking local accredited investors to join the fold.

TCA’s inagural fund launched in 2006 and backed 12 companies with “north of 5 million” in capital, says Founder & Chairman John Alexander. The second fund, which is currently wrapping up, also has invested in 12 ventures (around $5m) and could increase before exhausting TCA 2 in the coming months.