Investor group puts its faith in two local grads who made good

This is an article about portfolio company, Akadeum.

Finding and supporting local entrepreneurial talent was always a big part of the plan at Kern Venture Group. It just took a while.

The group’s early investments went to startups based outside the area. But KVG kept its eye on two local grads, one innovating in science and the other in the film industry.

Each entrepreneur achieved huge milestones in time, raising money and landing key deals — enough that the club recently moved forward with significant investments in both companies.

Neither startup is based locally: Film-casting digital platform Castifi Inc. is headquartered in Culver City and Akadeum Life Sciences Inc., a developer of fluid separation technology, is in Ann Arbor, Mich. But each was developed by a bright young mind brought up and educated in Bakersfield.

View source version on bakersfield.com: https://www.bakersfield.com/news/investor-group-puts-its-faith-in-two-local-grads-who-made-good/article_63a916e2-9181-11ea-8704-af6d462ab41c.html