Midwest

The sixth annual Rising Stars celebrates the achievements of people under the age of 40 in the venture capital industry. The deadline for nominations is November 15.

IraLogix of Pittsburgh has raised $7.5m, led by Great North Labs.

Greg Beaufait of Dundee Venture Capital says a new report by the firm and Crunchbase covering Midwest venture activity shows that ‘If LPs don’t have exposure to this region, then they’re missing out.’