Stories of Technology, Innovation, & Entrepreneurship in the Southeast

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February 08, 2021 | Tom Ballard

New $300 million fund announced yesterday with base in Atlanta

This cannot be anything but good news for start-ups in the region. It’s described as the largest technology fund in the Southeast.

Highly successful Entrepreneur and Investor Paul Judge and BIP Capital, one of the most active venture capital firms in the Southeast, announced yesterday a partnership to launch a new fund named Panoramic Ventures with a target of $300 million.

“Our intent at Panoramic is to take a wider-view approach to investing in order to give more entrepreneurs access to both capital and expertise to help build leading tech companies, regardless of geographic location,” said BIP Capital Co-Founder Mark Buffington. “Looking outside the traditional innovation hubs to find the most promising tech companies is something that we have been doing successfully for over a decade, and with the new Panoramic fund we’re accelerating this initiative.”

Panoramic Ventures has a multi-faceted strategy.

  • First, the Atlanta-based fund’s core mission is to support companies in the Southeast, Midwest, and other regions across the country where high-potential companies are often overlooked.
  • In addition to overlooked geographies, racial and gender diversity of founders and teams is also a focus of Panoramic Ventures, with the goal of opening more doors for often underrepresented founders.
  • Finally, the new fund will also pursue innovative companies founded by faculty members, graduate students, and undergraduates at colleges and universities.

Panoramic Ventures will invest in Seed, Series A, and Series B funding rounds for software and software-enabled services businesses. To learn more, click here to read yesterday’s announcement.