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Supporting Veteran-led Startups is a Proven Investment Strategy

By November 10, 2021January 24th, 2022No Comments

CHARLOTTE – The pace of venture deals appears to be accelerating across the United States, and within North Carolina.  And the size of those investments are also increasing in amount, as recent data shows that during the first three quarters of 2021, there were 235 venture capital deals in North Carolina, with a total valuation of more than $2.8 billion.

There’s one segment of companies that may be a particularly good bet for venture capitalists, according to the Charlotte venture capital firm TFX Capital: veteran-led startups.

WRAL TechWire spoke with Kevin Eckert, a partner at TFX Capital, a veteran-led and service-driven venture capital firm that invests in early-stage technology companies founded by military and national security veterans.

According to Eckert, TFX Capital believes supporting veteran-led startups can result in durable outcomes for entrepreneurs and investors, and also the creation of important products and services that may alter the course of society.  A lightly edited transcript of our interview with Eckert is below.

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