Tuesday, March 10, 2020

Tech Coast Angels Orange County Launches The TCA OC Fund 20

The Orange County arm of Southern California's largest, angel investment group--the Tech Coast Angels--said today that it has opened up a new fund, the TCA OC Fund 20, the first in a set of annual funds which will go to invest in startups in the region. According to the Tech Coast Angels Orange County (TCA OC), the fund will be replenished each year. The TCA OC said that the initial fund will make investments in 10 to 15 early stage companies during 2020; with plans to make 100 to 150 investments in total, with over $25 million invested over the next decade. The new fund will take investments from the TCA's accredited members only. The Tech Coast Angels said it expects to continue to invest mostly in the local region, it will also look at investments outside of California that have significant potential for growth.