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Founded 2018, Comeback Capital invests in companies that are building technologies that are important for the Midwest region. Industry examples include robotics, supply chain and logistics, health tech, mobility, and industrial Internet of things. However, the firm will consider any early stage company in the Midwest that meets its criteria, of which the top three are: Located in the Midwest; Capital efficient, relatively small rounds (under $1 million) at the pre-seed/seed stage; and Targeting a customer base which suggests remaining in the Midwest. Congressman Tim Ryan was involved in the creation of the $2.25 million Comeback Capital Fund, which was spurred by the success of the Comeback Cities Tour, led by Representatives Tim Ryan (D-OH) and Ro Khanna (D-CA) and helped by Bloomberg Beta. Investors include Patrick McKenna of High Ridge VP, Bloomberg Beta, and the accelerator, Gener8tor, along with over 30 other individuals and funds. Each of Comeback Capital's LPs are active investors and all have agreed to agree to advise at least one company in the fund.
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