TLDR:
Key points:
- Marin Sonoma Impact Ventures showcased 20 early-stage startups in North Bay NEXT 2024.
- The firm has raised over $6 million to back early-stage startups in the region.
Marin Sonoma Impact Ventures recently held its third annual networking event, North Bay NEXT 2024, where 20 early-stage startups presented their ideas in a speed-dating style model to investors and the public. The firm has funded eight online platforms, including fintech and artificial intelligence companies. MSIV, the first regional venture capital firm in Marin and Sonoma counties, aims to invest in the North Bay to create job opportunities and retain businesses in the region. The organization works with local founders and investors to build a pool of capital and professional management to support innovative entrepreneurs. Startups like Union Credit and NewRetirement have benefited from MSIV’s support and networking opportunities. With a focus on creating a new North Bay world, the firm continues to play a significant role in shaping the region’s business landscape.