Linn Grove Growth Funds Announces First Montana Company Investment
After a year of hard work with several companies, Linn Grove is pleased to announce its first early stage investment in Montana. Actually a company founding,with 80% Montanans, see here on Restoration Beef Company:
Linn Grove Growth Funds Announces First Montana Company Investment(Fargo, ND) Linn Grove Growth Funds announces aseed investment in Restoration Beef Company (RBC,) headquartered in Bozeman, MT.
Terms of the investment were not disclosed.Dennis O’Brien, a managing director of Linn Grove shared, “As a Montana resident myself, I have long desired to find Montana companies that fit our fund’s interest in early-stage companies in our target industries and our region. As RBC completes somemarket research, asset designs and partner agreements, we will share more of our vision with the public.”
ABOUT LINN GROVE
Founded in 2010, Linn Grove Growth Funds (also, “Linn Grove Venture Partners, LLC,) focuses on equity investment in early stage agricultural, food and health companies. The fund has a deep network of investors in Minnesota, North Dakota,Montana and the Canadian Prairie Provinces. It seeks to find inventors and entrepreneurs in the northern Great Plain region with superior solutions for significant unmet needs.The company is currently raising and investing capital from Linn Grove Angel Fund 3
A second project is taking shape with a Montana-based agriculture biotech. Adding to their existing technology, we are bringing an additional license, creating a company with superior biological controls for diseases and pests in Northern Great Plain crop production.
Other New Projects
Elsewhere we are co-founding a food animal health company, specifically designed to aid non-antibiotic animal husbandry. Backing a first-time entrepreneur with deep expertise in animal health, this woman pitched our investment committee to a “yes” vote with a brilliant solution to a major unmet need. Now to the hard work.
Finally, we are pleased to be close to agreements with several investors who bring current and future commitments allowing us to complete our vision for Linn Grove Angel Fund 3.It was always part of our vision to have larger partners, but we have been gratified to receive their interest and support.
Our Humble Thanks
Some of you have been involved it making this work possible this past year, as investors, advisors and connectors. We are deeply and humbly thankful for your help, not only for us, but for the committed, creative, energetic people our work supports. It is a great time to build companies. And build them in Montana