Serra Ventures had an exciting week of press for Serra Capital III, first with a feature in the Chicago Tribune on May 13, and then again in the St. Louis Business Journal on May 16.
The May 16 article highlighted the fund's target size and amount of investments, and also included short descriptions of the Serra Capital I and II's St. Louis based companies Label Insight, Adarza Biosystems, Techli, and Tunespeak.
Serra III intends to continue investing in the Midwest region. Tim Hoerr, Managing Partner of Serra, told the Chicago Tribune “The Midwest is the ripest ground for new tech innovation right now because it’s an emerging market. A lot of the capital in Chicago doesn’t stay here, and it should.”