Illinois Innovation Venture Fund
Springfield, Illinoisillinois.gov
Overview
Illinois Innovation Venture Fund is a 2024 vintage venture capital fund that makes direct equity investments in Illinois-based startups, with a focus on sectors including agriculture, agtech, information technology, life sciences, and manufacturing. The fund is administered by the Illinois Department of Commerce and Economic Opportunity and prioritizes support for small businesses and founders from socially and economically disadvantaged backgrounds.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| ClostraBio, Inc. | Mar 2025 | VC Round | Co-investor |
| EeroQ Quantum Hardware | Apr 2024 | Seed | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.