About 49th State Angel Fund
The 49th State Angel Fund is an investment fund that indirectly invests in Alaskan businesses. Started in 2012 by a $13.2 million allocation from US Department of Treasury's State Small Business Credit Initiative, 49SAF is a venture capital function run by the Municipality of Anchorage. They work with Partner Funds to provide a dollar for dollar, private to public funding match for investments. Fund managers in turn provide managerial and entrepreneurial expertise to their investees, creating economic benefit for the citizens of Anchorage.
Investment Details
Investment Range
Not specified
Investment Stage
Various stages
Industry Focus
Finance, Climate, VR/AR (+1 more)
Investor Type
Private Equity Firm
Investment Focus
Focus Areas
Investment Stages