New Venture Capital Fund Yields Early Returns

In its first year of investments, the $25 million Alabama Futures Fund has spurred four promising young tech companies to move their headquarters to Alabama.

Raymond Harbert, a key investor in the Alabama Futures Fund, who believes that it takes a pool of committed capital for early-stage companies to create a robust Alabama economy, according to AFF advisory firm partner Matt Hottle. Birmingham, along with the rest of Alabama, continues to make inroads in the nation’s…

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