Charlotte-based Longleaf Venture Fund has closed with $26 million that it plans to invest in statewide early-stage startups over the next three years, according to LocalBusiness.com. The venture fund will invest in seed and early-stage companies that are primarily associated with North Carolina's research universities. Longleaf extended its mission to serve companies across the state after the venture fund received investments from Bank of America Securities and the North Carolina State Pension Fund.
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