St. Louis Business Journal Tom Hillman said it’s hard to generate sizeable returns on real estate investments these days as interest rates remain low and cap rates stay relatively stagnant. But niche opportunities exist to generate substantial return to investors, Hillman said, and he thinks he’s found one in a new senior living concept. Hillman…
Hillman’s New $45 Million VC Fund To Focus On Agtech
St. Louis Business Journal Lewis & Clark Ventures’ new venture capital fund, which is expected to be worth $45 million, will focus on companies that improve crop yield, increase energy efficiency, boost farmers’ productivity and streamline the distribution chain from farmer to consumer, Lewis & Clark officials told the Business Journal. The new fund, called…
Tom Hillman Launches $15 Million Real Estate Fund
St. Louis Business Journal St. Louis investor Tom Hillman is launching a $15 million real estate investment fund and has raised $4 million toward that total already, according to documents filed with the Securities and Exchange Commission. The fund is called IronRock Real Estate Investment Fund LP. Hillman, along with former partner Scott Zajac and…
St. Louis Startup Raises $5 Million From Group Led By Cultivation Capital, Lewis & Clark Ventures
St. Louis Business Journal Adarza BioSystems, a life-science startup, has raised $5 million from a group of investors led by St. Louis-based Cultivation Capital and Lewis & Clark Ventures, and the venture capital unit of Siemens. The money will be used to expand production capacity in its St. Peters manufacturing facility and launch its first…
Lewis & Clark Leads $9 Million Investment In Local Tech Company
St. Louis Business Journal Lewis & Clark Ventures, the Clayton-based venture capital firm founded by Tom Hillman last year, has made its first deal: a $9 million investment into Swansea, Illinois-based OneSpace. Lewis & Clark led the round. Highland Capital Partners, a firm with offices in Boston and Silicon Valley, along with St. Louis-based Answers…
Nicklaus: New Venture Capital Fund Fills A Gap In St. Louis
St. Louis Post-Dispatch Half of the nation’s venture capital is managed in California, and much of the rest resides on the East Coast. In flyover country, entrepreneurs have very few doors to knock on when raising money. That’s why last week’s announcement of a $104 million fund managed by Lewis & Clark Ventures is a…
Hillman Merges St. Louis EdTech Companies
St. Louis Business Journal Two educational technology companies in St. Louis — Teachers-Teachers and myEDmatch — have merged under the guidance of St. Louis investor Tom Hillman. The new company has less than $10 million in revenue and about 30 employees working out of the office of FTL Capital, Hillman’s Clayton-based private equity firm. Hillman…
Lewis & Clark Ventures Closes First Fund at $104 Million
St. Louis Business Journal Lewis & Clark Ventures, the venture capital firm founded by Tom Hillman, has closed its first fund at $104 million. That’s about $35 million more than what the firm reported raising in mid-2015. Hillman recently told the Business Journal that the firm had already closed on one investment with a few…
Lewis & Clark Ventures Launches $104 Million Fund
St. Louis Post-Dispatch Lewis & Clark Ventures, a new fund founded by venture capitalist Tom Hillman, announced Tuesday that it had succeeded in raising $104 million. The fund plans invest $3 million to $7 million at a time in high-growth technology firms. Managing director Brian Hopcraft said in a statement that it will invest in industries including…
Pulse Raises $10 Million from Investors
St. Louis Business Journal Pulse Therapeutics, a St. Louis-based medical device startup, has raised approximately $10 million from a group of investors led by Silicon Valley venture capital firm NanoDimension. Also participating in the deal were St. Louis-based FTL Capital and Cultivation Capital. Pulse has developed magnet-based technology that can dissolve blood clots, which could…