Gateway Capital's $25M Fund II Reaches First Close, Targets Midwest Supply Chain and AI

Gateway Capital's successful first close on its $25M Fund II underscores growing institutional confidence in Midwest-focused venture investing, particularly in traditionally overlooked sectors like supply chain and manufacturing AI. The strategy reflects a broader industry shift toward geographic diversification, moving VC capital from coastal hubs to unlock innovation in regional ecosystems. With average check sizes of $500K-$600K, the firm is positioned to back early-stage companies solving operational challenges in critical industries.