Tuesday, 25 October 2016
Last updated 2 hours ago
Jan 5 2009 | 1:26pm ET
Atlanta-based Buckhead Investment Partners is raising a $30 million venture capital fund to invest in early-stage firms, including those in the clean technology space.
Other areas of investment will include specialty finance, media, franchising and health-care sectors, according to the Atlanta Business Chronicle.
Mark Buffington, a partner at Buckhead, told the newspaper that the new vehicle, the BIP Opportunities Fund, will invest $500,000 to $4 million each in 18-25 deals, primarily in the Atlanta area.
Last Spring, Buckhead provided Series A funding to Qoil Technologies, an Atlanta-based firm that has developed a patent-pending sensor that provides analysis of hydrocarbon-based fluids. According to the firm, use of the Qoil sensor will provide a broad array of industries with significant economic, social, and environmental benefits.