Matchstick Ventures closes on second fund worth $30 million


Matchstick Ventures, one of Minnesota's most active early stage investors, has closed on a $30 million fund. The fund is the company's second, and is a major jump from its first $5 million fund.

The fundraising was led by the Foundry Group, a Boulder, Colo., venture firm that closed a behemoth $750 million fund last year to invest in tech companies and other funds. The fund was also supported by local institutions and individual investors in the Midwest and the Rockies. Last year, the Business Journal…

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