Angel investment network Tech Coast Angels (TCA) completed the first closing of its Angel Capital Entrepreneurial (ACE) Fund 1.
The fund, which has already provided funding to Vokle, an online event platform, will invest in entrepreneurial enterprises selected for their game-changing ideas, strength of management and market growth potential.
Members of the network invest in companies in life sciences, biotech, IT, services, retail, Internet, financial, software, media, consumer products and tech startups. They also provide counsel, mentoring and access to an extensive network of potential investors, customers and strategic partners.
TCA has more than 250 members, including its venture capital affiliates, in five networks in Los Angeles, Orange County, San Diego, Westlake/Santa Barbara and the Inland Empire.
For consideration, entrepreneurs are encouraged to submit plans to TCA through the website www.techcoastangels.com.