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Detailed Arkansas Risk Capital Matching Fund Information
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Description
The Arkansas Risk Capital Matching Fund (ARCMF) works to strengthen and advance the financial infrastructure that supports and accelerates the growth of technology-based enterprises in Arkansas. ARCMF will target fund investments in technology-based enterprises that are in the early stages of development and not yet able to attract adequate private sources of traditional financing, venture or investor-backed capital for their growth and development. A portion of this fund will be used to validate early stage technology before other investments can be made. ARCMF is a program of and managed by the Arkansas Development Finance Authority (ADFA).
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| Announced Date | Company | Transaction | Money Raised |
|---|---|---|---|
| 2/2012 | Acumen Holdings | Series B | 5M |
| 2/2012 | Acumen Holdings | Series B | 0 |
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