|Arctaris Income Fund, 1/11 ||$19M|
Arctaris Capital Partners
Arctaris provides royalty-based capital as well as subordinated debt to expansion stage companies in the eastern USA, seeking $1-3M. It is one of a new generation of venture funds that are offering a new approach to funding companies following the 2008 economic meltdown.
Arctaris closes $19M fund, eyes $225M total (masshightech.com)