New Richmond Ventures seeks $30 mln fund

Richmond, Virginia-based New Richmond Ventures seeks to raise $30 million for NRV Early Stage Growth Fund LP, according to a regulatory filing. The filing indicates the firm has not held a close yet.

The firm was founded in 2011 by Jim Ukrop, Bob Mooney and Ted Chandler in 2011 to invest in area companies, but has since broadened its geographic focus. NRV says it has invested in 14 companies in five years.