Secures $20 Million Investment from OCAST
Summary
OKLAHOMA CITY Cortado Ventures announced today that it has received a substantial investment of $20 million of U.S. Treasurys SSBCI funds from the Oklahoma Center for the Advancement of Science and Technology (OCAST) for Cortados Fund II. The investment is the largest that OCAST has committed thus far, and brings the firms assets under management (AUM) to $100 million.We are thrilled and honored to have been awarded this investment from OCAST, said Nathaniel Harding, Managing Partner of Cortado Ventures. The work we do at Cortado aligns perfectly with that of OCAST as we aim not only to provide unparalleled opportunities for our portfolio companies, but also invest in Oklahoma as an emerging hub for tech innovation. We look forward to continuing to partner with OCAST to bring greater value and strength to Oklahomas entrepreneurial ecosystem.A leading innovator in the Midcontinent venture capital industry, Cortado Ventures has consistently identified and fueled innovative startups while reshaping the narrative of the entrepreneurial landscape through the lens of the Midcontinent region of the United States. As one of the largest VC funds in Oklahoma, Cortados focus is on tech companies bringing innovative solutions to the energy, logistics, life sciences, aerospace and the future of work sectors.