November 21, 2022
CHICAGO – November 22, 2022 – KB Partners announces its final closing on KB Partners Myriad Opportunity Fund II at $127 million, far surpassing its original $100 million target. This is one of the largest early-stage sports/tech funds ever raised, and funds will be utilized to continue investing in cutting edge early-stage companies across a broad spectrum of the sports landscape. Founder and CEO Keith Bank has been an early-stage VC investor for 27 years and has been instrumental in the growth of the Chicago tech economy. “In conjunction with our stellar advisory board, LP network and team, we will seek out the best sports/tech entrepreneurs and companies in this rapidly growing vertical. We like to get in early, lead deals, and bring our deep operating experience and vast network to bear to help optimize results,” said Bank.
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KB has fully invested its first sports/tech fund in 16 companies and has made 10 investments in