Peak Ventures shores up its second fund for $50 million

 Utah-based Peak Ventures has closed on a second fund for $ 50 million, outpacing Kickstart Seed Fund as the seed VC firm with the largest coffers in the state thus far. Peak took in $ 23 million for the first fund and has since invested in local startups like Owlet and Homie as well as the New York-based Nigerian education startup Andela. Sid Krommenhoek and Jeff Burningham launched the fund… Read More
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