Gateway Capital Announces First Close Of $25M Fund II

Gateway Capital Partners announces the first close of its $25M Fund II, targeting Midwest disruption in supply chain, logistics, and manufacturing AI.
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Gateway Capital Announces First Close Of $25M Fund II
Gateway Capital's $25M Fund II Eyes Midwest Disruption — Here Is What Founders Need to Know Milwaukee's Gateway Capital Partners has officially announced the first close of its $25 million Fund II, signaling a renewed and expanded push into the Midwest startup ecosystem. Founded by Dana Guthrie, the firm is positioning itself as a key backer for industries ripe for transformation — from supply chain and logistics to manufacturing AI. If you are a founder building in the heartland, this fund deserves your full attention. A Milestone First Close That Opens the Door to Investment The first close of Fund II is not just a financial milestone — it is a green light. In venture capital, a first close marks the moment a fund can legally begin deploying capital into companies. While Gateway Capital has not disclosed the exact amount raised in this initial tranche, the announcement confirms the firm is now actively operational and ready to write checks. Guthrie revealed that fundraising for …