New Worcester angel investment group seeks to fund startups
A Worcester-based group of angel investors has banded together to form Wire Group, which invests up to $150,000 a year in high-growth startups and ...
A Worcester-based group of angel investors has banded together to form Wire Group, which invests up to $150,000 a year in high-growth startups and has already made three commitments to Massachusetts companies. The group, named to honor Worcester's historical wire industry, aims to invest 20% of the group members' money in early-stage Worcester-area companies, according to a Wednesday press release from Wire Group. It has also heard pitches from as far away as Chicago and Houston since its founding in the fall.