Adena Ventures is a venture capital firm that offers equity investments and operational help to companies at various phases of development across a wide range of industries including technology, life sciences, manufacturing, energy and value-added food products. It invests millions of equity in seed, early and growth stage companies operating in central Appalachia with a stated mission to promote sustainable and shared economic development in the region while generating market-rate returns for its investors.
Adena Ventures invested in Emergent Game Technologies in their 2004, 2007 and 2009 Series C, D and E funding rounds and Butterfly.net in 2002 and 2004 during their Series B and C.
Funding Rounds Participated In
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- Venture capitalVenture capital is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies, that have been deemed to have high growth potential or which have demonstrated high growth. Capital invested usually carries a substantial element of risk.