economy
April 3, 2026
Gateway Capital announces first close of $25M Fund II
Gateway Capital, the Milwaukee-based venture firm founded by Dana Guthrie, can now begin investment operations for its $25M Fund II.
TL;DR
- Gateway Capital Partners announced the first close for its $25 million target Fund II.
- The first close allows Fund II to begin investment operations.
- The fund began raising capital in mid-2023.
- Average check sizes will be between $500,000 and $600,000.
- The fund will be industry-agnostic but will favor Midwest industries like supply chain, logistics, and manufacturing AI.
- Gateway Capital hopes to invest in at least 20 companies from this fund.
- Gateway Capital, founded in 2020, previously raised a $13 million Fund I in 2020.
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