Drooid Logo
Back to today’s briefing

Story perspectives

South Loop Ventures Launches $21M Fund for Diverse Founders

5/21/2025

41 5

1 of 1

Story summary
  • South Loop Ventures has launched a $21 million Fund I for seed and pre-seed investments.
  • Key investors include Rice Management Company and Chevron Technology Ventures, contributing an average of $400,000 each.
  • The fund prioritizes support for diverse founders and sectors such as healthcare and energy.
  • Founder Zach Ellis aims to enhance accessibility in venture capital and draw tech talent to Houston.