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Founded in 1985, Intersouth manages $780 million in seven venture capital limited partnerships, making this fund the largest venture capital fund in North Carolina and one of the largest in the Southeast. Intersouth Partners is a regionally focused venture fund with an emphasis on Research Triangle Park, NC, and the corridor between Baltimore and Florida. The firm's preference is to participate in the first institutional round of a company with an initial investment between $500,000 and $6,000,000. Intersouth Partners is one of the most active and experienced venture capital firms in the Southeast, having invested in more than 100 private companies. Intersouth also takes a leadership role in subsequent financings, planning for an average total investment in a single company of $12,000,000 through all rounds of financing. The firm's industry focus includes: Life Sciences (biopharmaceuticals, medical devices, agricultural biotechnology and biomaterials); and Information Technology (software, semiconductor, communications, security). Specifically, Intersouth does not consider deals in the following industries: airline, apparel, broadcasting, consumer product, entertainment, industrial, manufacturing, oil & gas, publishing, real estate, or restaurant.
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