Addressing Climate Change and Expanding Opportunity: State Announces New Partnership with Avesta Fund to Support Purpose-Driven Entrepreneurs
Today, the Colorado Venture Capital Authority (VCA) and the Colorado Office of Economic Development and International Trade (OEDIT) announced that the VCA has partnered with Avesta Fund to expand access to venture capital for Colorado entrepreneurs and startup businesses. The VCA has committed $3.6 million to Avesta, a venture capital firm that invests in companies working to address climate change and inequality. With the VCA’s investment and matching support from other leading Colorado investors, Avesta Colorado Fund completed its first close totaling $7.2 million.