Press release
Mid-Atlantic Angel Group Celebrates Success in Bridging Angel Funding and Venture Capital in the Greater Philadelphia Region
Founded with a mission to provide equity capital to seed and early-stage companies, MAG I & II were among the first formally structured angel capital venture funds in the Greater Philadelphia Region. By leveraging a network of experienced entrepreneurs, high-net-worth individuals, institutions, and accredited investors, MAG has empowered Regional technology companies to thrive while providing investors with opportunities for high returns on invested capital.
Key Highlights of MAG I & II:
* MAG I: Established in January 2005, the fund completed investments in 12 companies and attracted 89 angel and institutional investors.
* MAG II: Launched in April 2009, this fund supported 14 companies with the backing of 65 angel and institutional investors.
* Both funds have successfully completed their funding cycles, demonstrating a legacy of impactful investments in the Regional innovation ecosystem.
Modeled after best practices from successful angel funds across the country, MAG I & II have effectively leveraged public and private funding resources and partnerships to support Regional growth. The funds' primary focus on technology-based, high-growth ventures has positioned the Greater Philadelphia Region as a hub for innovation and entrepreneurship.
"The success of MAG I & II reflects the dedication of our investors and partners to fostering innovation," said a spokesperson for the Mid-Atlantic Angel Group. "We are proud to have provided critical funding to seed and early-stage companies that are shaping the future of technology and driving economic growth in the Region."
As the first structured angel capital venture funds in the area, MAG continues to build on its legacy, creating opportunities for entrepreneurs and investors alike.
For more information about the Mid-Atlantic Angel Group and its mission, visit https://magfund.com/.
About the Mid-Atlantic Angel Group
The Mid-Atlantic Angel Group (MAG) was established to bridge the gap between angel funding and institutional venture capital funding in the Greater Philadelphia Region. With a focus on equity capital for seed and early-stage, technology-based, high-growth companies, MAG is committed to fostering Regional growth through innovative investments.
Contact:
Justin Hanley
Email: justin@sep.benfranklin.org
Phone: (215)-972-6700
Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
Media Contact
Company Name: Mid-Atlantic Angel Group (Magfund)
Contact Person: Justin Hanley
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=midatlantic-angel-group-celebrates-success-in-bridging-angel-funding-and-venture-capital-in-the-greater-philadelphia-region]
Country: United States
Website: https://magfund.com/
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mid-Atlantic Angel Group Celebrates Success in Bridging Angel Funding and Venture Capital in the Greater Philadelphia Region here
News-ID: 3956690 • Views: …
More Releases from ABNewswire
Connecticut Waterproofing Services Leader Marks Nearly Five Decades of Reliable …
Eastern Waterproofing Co. Inc celebrates nearly 48 years of family-operated service in Connecticut, specializing in moisture control and basement dehumidification solutions for South Windsor, Hartford, and surrounding communities.
Eastern Waterproofing Co. Inc continues to set industry standards after nearly 48 years of providing dependable waterproofing services [https://maps.app.goo.gl/EhJ6zW2hAXsGnFdp9] throughout Connecticut. The South Windsor-based company has maintained its family-operated foundation since 1976, establishing itself as a trusted resource for homeowners and businesses facing…
Minuteman Press Reports Significant Growth in Traditional Printing Demand Amid D …
Minuteman Press reports 40% growth in traditional printing demand as businesses shift toward tangible marketing strategies, with local franchises adapting services to meet evolving customer needs nationwide.
The printing industry is experiencing a notable renaissance, with Minuteman Press [http://minuteman.com/] franchise locations nationwide reporting a 40% increase in demand for tangible marketing materials over the past 18 months. This market shift reflects a growing recognition among businesses that physical marketing materials create…
Agron Hoti Unveils Everflow, One of the Largest Paintings in History, at Tirana' …
Image: https://www.abnewswire.com/upload/2025/09/0b4fda5f58bb4f856771c4feab51721d.jpg
Albanian-born artist Agron Hoti has unveiled Everflow , a monumental 7,600 m painting created on the field of Tirana's National Stadium, marking one of the largest works ever completed by a single artist. From exile to international recognition, Hoti's journey reflects resilience, vision, and the pursuit of freedom through art that transcends galleries, expanding into stadiums, luxury hotels, public institutions, and the global art market.
A Life Forged in Hardship
Born…
West Springfield Homeowners Choose to Refresh, Not Replace: Total Remodeling and …
The appeal of local bathtub remodeling lies in its combination of convenience and community expertise. Total Remodeling and Repair's deep understanding of West Springfield's housing stock-from historic colonials to modern builds-ensures that renovations are tailored to the specific needs of the area. Their team is familiar with common issues such as hard water stains, aging surfaces, and outdated designs, allowing them to provide solutions that are both effective and contextually…
More Releases for Angel
BACKFORCE is awarded the BLUE ANGEL
With immediate effect, all models from the German gaming chair manufacturer BACKFORCE are carrying the prestigious BLUE ANGEL eco-label. BACKFORCE is thus setting new standards and once again underlining its claim to be the manufacturer of the most ergonomic, durable and environmentally friendly gaming chairs.
The seal for real sustainability
The BLUE ANGEL for low-emission upholstered furniture (UZ-117) indicates that the environmental and health impact is lower than for comparable products without…
Guardian Angel Sketch & Reading Review: Can You Really Connect with Your Angel?
Many people find themselves yearning for a closer relationship with the spiritual world in today's fast-paced environment. The concept of guardian angels has struck a chord with numerous people from diverse backgrounds and faiths. These celestial creatures are frequently thought of as guardians and advisors who provide consolation and wisdom during trying times. People have a special opportunity to interact deeply and creatively with their spiritual guidance through the Guardian…
Angel City Lasercraft Launches All New Website
Angel City Lasercraft Launches All New Website
Los Angeles, CA - January 20, 2019 -- Angel City Lasercraft, Los Angeles premier Laser Cutting and Engraving company has launched a completely revamped website with all new interactive customization features. The all new website features allow customers to easily personalize custom cake toppers, engraved leatherette notebooks, bottle openers, coasters, cutting boards, ornaments and a variety of additional gifts and promotional products.
The all…
Angel Aromatics
Angel aromatics is an australian manufacturer of unique, high quality, home fragrances. The secret to our success lies in sustainable raw materials, which we believe truly lead to the highest quality and safest products. Speaking of safe, all of our products are vegan friendly and not tested on our animal friends (except for our dog perfume of course).
Angel aromatics is an australian manufacturer of unique, high quality, home fragrances. The…
Connecting entrepreneurs with angel investors
Johannesburg, South Africa, June 7, 2017– Dottedlink.com is an online subscription platform created to assist small business owners and entrepreneurs connect with and better understand angel investors and their investment requirements. The site will be launching an angel investor drive on the 7th of June 2017. https://dottedlink.com/investor-survey/
The Dottedlink platform works by having angel investors answer a basic set of questions related to the companies they’re interested in financing. The…
ANGEL MEDFLIGHT AND AZBAA TO AWARD SCHOLARSHIP
Sept. 11, 2013 – Angel MedFlight Worldwide Air Ambulance announces for the fourth consecutive year it is partnering with the Arizona Business Aviation Association to award the Scholarship for Excellence in Aviation.
Students who are actively pursuing a degree in the aviation field at an Arizona college or university are urged to apply. All video applications must be postmarked by Oct. 25, 2013 to be considered. The recipient of the Scholarship…
