Virginia-based Grotech Ventures is looking to raise $200 million for its venture capital fund, Citybizlist Real Estate reports. The company has launched the offering for the Grotech Ventures II with partners, including general partner and founder Frank Adams. Other general partners include Charles Cullen, Stephen Frederick, Donald Rainey and principal Lawson DeVries. Grotech has managed more than $1 billion of capital and funded more than 100 companies since its inception in 1984.
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