Grand Angels raising $25 million fund, its biggest ever

The Grand Rapids-based Grand Angels are planning on a grand year for 2021. The most active angel investor group in the state — and, founded in 2005, the oldest — is raising a new limited-partner investment fund of $25 million, its biggest ever. It will coinvest in deals with individual angel investors around the state. Previously, the Grand Angels had raised investment funds of $1.5 million, $7.25 million, and $11.8 million.

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