Gateway Capital announces first close of $25M Fund II

Gateway Capital Partners has announced the first close of its $25 million Fund II, enabling investment operations. Founded by Dana Guthrie, the Milwaukee-based firm aims to target disruptive industries, particularly in the Midwest, with an average investment of $500,000 to $600,000 in at least 20 companies. This follows their $13 million Fund I raised in 2020.

Key Points

• Gateway Capital Partners is a venture firm founded by Dana Guthrie.
• The firm has announced the first close of a $25 million Fund II, but has not disclosed the specific amount raised during this close.
• Fund II will focus on investments in industries ready for disruption, particularly in the Midwest.
• The average investment size will be between $500,000 and $600,000.
• Guthrie aims to back at least 20 companies through Fund II.
• Gateway Capital launched in 2020 and previously raised a $13 million Fund I.

Relevance

• Venture capital funding has been increasing in disruptive technologies, particularly in the Midwest, reflecting broader investment trends.
• As of 2025, industries such as supply chain logistics and manufacturing AI are experiencing significant growth, making them attractive for venture financing.
• The trend towards investment in disruption aligns with historical patterns where venture capital plays a pivotal role in innovation and industry transformation.

Gateway Capital's Fund II represents a significant move towards investing in disruptive Midwest industries and continues a trend of increasing venture capital investment in emerging technologies.