With funds raised from local angel investors, AIF eyes investments in 6-8 high potential startups

FAIRFIELD, Conn., Jan. 9, 2025 /PRNewswire-PRWeb/ — Angel Investor Forum (AIF) today announced the initial closing of a new $1.2 million seed fund (AIF Seed Fund V LLC) as well as the fund’s first investment in Nimbus Power Systems, a Connecticut-based company commercializing an advanced, zero-emission, heavy-duty, fuel cell engine to replace diesel engines and eliminate emissions. With capital contributed by AIF members, the Fund will invest in at least eight early-stage companies, each receiving funding ranging from $125,000 to $150,000.

The Fund will provide AIF members with access to a carefully curated portfolio of what management believes are high-potential early-stage companies. It is anticipated that these investments will be complemented by co-investments alongside individual contributions made by AIF members. The Fund will adhere to the same rigorous due diligence and investment analysis processes that AIF members have consistently employed.

By pooling resources and adopting a diversified investment strategy, the Fund aims to mitigate risk while maximizing returns for individual investors. This approach not only provides financial support but also offers valuable financial and advisory guidance to entrepreneurs. The Fund helps to bridge the gap between emerging entrepreneurs and the essential financial resources they require to nurture and grow their businesses.

Marty Isaac, President of the Angel Investor Forum, expressed the Fund’s vision, stating, “We firmly believe that there are two key advantages to establishing this fund for our investors. Firstly, we can bring a disciplined approach to angel investing, selecting startups with the highest potential for success. This strategic approach improves returns for investors and ultimately contributes to economic growth. Secondly, we can invest substantial amounts in early-stage companies and leverage the collective knowledge and experience of our group to assist these high-potential companies in achieving their goals.”

The Angel Investor Forum has forged a strong connection with the Connecticut entrepreneurial ecosystem, actively sourcing angel investment opportunities for the Fund and its members. This collaborative effort helps the Fund support innovative startups and foster economic growth in the state.

Previous AIF Funds, I to IV, have invested in a diverse range of innovative ventures across various industries, including life sciences, medical devices, SaaS, artificial intelligence, energy, Fintech, real estate, marketing tech, engineering, and consumer products. The Fund intends to continue investing in these same sectors.

Key features of the Fund include a low fee structure, the absence of carry, and a collaborative process that incorporates the preferences of Fund members in proposing investments and selecting companies for funding. The Fund will remain open until the end of September 2025 for new subscribers. AIF plans to establish a new fund every 12 to 18 months.

This press release is neither an offer to sell nor a solicitation of an offer to buy an interest in the Fund or other securities. Any offering is made only by, and pursuant to, the terms set forth in the related subscription documents. The offering is not being made to persons in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. Subscribers to the Fund must be members of AIF and accredited investors.

For more detailed information about AIF, please visit AngelInvestorForum.com.

About CT Angel Investor Forum:
The Connecticut Angel Investor Forum was established in 2004. We invest in Connecticut-based companies and companies located throughout the United States, including women- and minority-owned businesses. As members of the Angel Investor Forum, we collectively contribute our time, expertise, and capital to foster the growth of companies with robust business models and substantial growth potential. Through our collaborative efforts, we provide the necessary capital for companies with the potential for substantial returns. The Connecticut Angel Investment Forum currently has over 100 accredited investor members.

Media Contact

Marty Isaac, Managing Director, Angel Investor Forum, 203-249-1762, martyisaac@gmail.com, https://www.angelinvestorforum.com

Caird Forbes-Cockell, Fund Administrator, Angel Investor Forum, 646-431-1867, cairdfc1@gmail.com, https://www.angelinvestorforum.com

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SOURCE Angel Investor Forum