Home Community Former ATDC Chief Launches Tech Square Ventures

Former ATDC Chief Launches Tech Square Ventures

by Laura Lindeman

There’s a new sheriff in town.

Former chief of the Advanced Technology Development Center (ATDC) Blake Patton has launched Tech Square Ventures with plans to invest in early stage startups in Georgia and the Southeast.

  • Tech Square Ventures has raised an initial $10 million for its first fund and will invest $250,000 to $500,000 in each of its 3-4 annual deals.
  • The fund will focus on ventures in the realms of information technology, connected devices, medical devices, and sensors.
  • Capital investment opportunities are up a purported 30% over last year, and, thanks to a burgeoning number of accelerators and incubators, Atlanta’s tech scene is booming. Still, Georgia lays claim to less than 1% of the national venture capital pool.
  • More sources of local capital will allow for investors to pool their resources and support larger deals,  and Tech Square Ventures does intend to co-invest in deals with other firms or angel groups.
  • Patton hopes to leverage his connections in the tech sphere to feel out the most promising ventures, especially those stemming from university research projects.

Read more:


[Photo Credit: http://www.techsquareventures.com/]

You may also like