A year ago, Hatteras Venture Partners announced the closing of its fourth venture capital fund. The North Carolina-based firm secured $88 million from institutional investors and leveraged that capital with up to $50 million in federal loans from the Small Business Administration’s revamped Early Stage Innovation Funds initiative. The fund would have been considered small just a few years ago. But recent adjustments to venture capital reality left Hatteras standing tall as a VC firm that had not only the will but also the capital to invest in start-ups.
Hatteras Venture Partners: The 2013 A-List Investor Spotlight
The North Carolina firm convinced investors to pledge $88 million and layered $50 million in federal small-business loans on top. It has quickly put the funds to work.
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