MaC Venture Capital has raised its inaugural seed fund thanks to limited partners including University of Michigan and Howard University.

US-based venture capital firm MaC Venture Capital has secured $103m for its first seed-stage vehicle from limited partners including Howard University and University of Michigan. Shoe retailer Foot Locker is also a limited partner, as are Goldman Sachs, Greenspring Associates, Bank of America, State of Michigan Retirement System, Mitch and Freada Kapor and a range…

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