Statewide capital firm looks to invest $50M fund in startups

The national venture capital sector faces a rough 2023. But a major statewide investor believes venture capital in Florida is amid a time to shine.

  • By Mark Gordon
  • | 5:00 a.m. January 17, 2023
  • | 0 Free Articles Remaining!
Las Olas Founding and Co-Managing Partner Mark Volchek believes Florida has strong investment potential.
Las Olas Founding and Co-Managing Partner Mark Volchek believes Florida has strong investment potential.
Courtesy photo
  • Strategies
  • Share


Not too long ago,  starting a venture capital fund in Florida that focuses on companies here and neighboring Southeast states was widely considered a longshot for success. Conventional wisdom held Florida was a tourism and real estate development state, not a Silicon Valley or Route 128 in Boston dotted by tech entrepreneurs. 

 

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
Subscribe

Already subscribed? Sign in.

Latest News

  • December 13, 2025
Report: Small business optimism up, but worries percolate
  • December 12, 2025
CEO of Bradenton EDC announces retirement
  • December 12, 2025
Manatee County to break ground on $40M veterans complex
  • December 12, 2025
Moez Limayem confirmed as USF’s new president

Sponsored Content