Venture in the Middle: Victor Gutwein, M25 Founder on Midwest-Focused Investing

In this episode, Maggie Kenefake, Venture Partner with Royal Street Ventures, talked with Victor Gutwein, M25 Founder and Managing Director on Venture in the Middle. Victor and M25 focus on very early-stage deals in the Midwest, starting with his first fund of $1 million in 2016 and moving through Fund 3 of $31 million in 2019. They’ve made more than 108 investments in 24 different cities and have found abundant opportunities with a geographic focus.