Report: venture capital showers region with cash

Private equity and venture capital funding, in Florida, are going in opposite directions.


  • By
  • | 6:00 a.m. June 7, 2019
  • | 0 Free Articles Remaining!
Clearwater-based KnowBe4, run by Stu Sjouwerman, recently announced a “sizable minority investment” from global private equity icon KKR.
Clearwater-based KnowBe4, run by Stu Sjouwerman, recently announced a “sizable minority investment” from global private equity icon KKR.
  • News
  • Share

Private equity money — despite some outsized opposite examples — has been staying away from Florida, according to a new report from the Florida Council of 100, a Tampa-based, statewide nonprofit that promotes economic development.  

But while private equity sits, venture capital, usually with investors more willing to take risks, has been showering Florida with cash, adds the report, entitled Project Sunrise: Florida Economic Competitiveness Strategy.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content