Utah-based Peak Ventures has closed on a second fund for $50 million, outpacing Kickstart Seed Fund as the seed VC firm with the largest coffers in the state thus far. Peak took in $23 million for the first fund and has since invested in local startups like Owlet and Homie as well as the New York-based Nigerian education startup Andela. Sid Krommenhoek and Jeff Burningham launched the fund… Read More
Source: Tech Crunch