Cascade Seed Fund closes $10M fund to invest in more Pacific Northwest startups

Bend, Ore.-based Cascade Seed Fund raised $10 million for its Cascade Seed Fund II. The firm will make about 25 investments of up to $250,000 in early-stage tech and consumer product startups across the Pacific Northwest. Founded in 2014, the firm rebranded from Cascade Angels Fund in 2019 and launched its first multi-year, traditional venture capital fund (Cascade Seed Fund I), which raised $6 million. Investments from Fund II include Roost, Hest, SyncFloor, Field Day, Kiv, and Fizz and Bubble. The firm is led by Robert Pease and Julie Harrelson.