Dakota Venture Group
Venture capitalGrand Forks Β· Pre-SeedβSeries A
Investment thesis
Dakota Venture Group focuses on identifying and supporting high-growth ventures across the United States, with particular emphasis on fostering innovation and economic growth in the Midwest. As a student-run fund, it applies expert analysis, due diligence, and strategic capital allocation while offering University of North Dakota students practical experience shaping investment decisions. Over its multi-decade history involving hundreds of students, DVG has built a diverse portfolio and positions itself around early-stage and angel investing.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 11 of 16 portfolio companiesHealthtech Γ4Medical Devices Γ3AI & Machine Learning Γ2Digital Health Γ2Energy Γ2SaaS Γ2Circular Economy Γ1Cleantech Γ1
HQs:United StatesΓ9
Investments Β· 16 tracked
founders shown can be your intro pathBy year:2016 Β· 12015 Β· 12 dated
Ambient Clinical develops Sepsis DART, a clinical monitoring platform that integrates with Epic, Cerner, and Meditech to identify sepsis patients and track SEP-1 bundle compliance in real time across care transitions.
HealthtechMedical DevicesSaaSRochester, US
Allen J. Berning(Executive Officer, Director, Promoter)Tim Kuebelbeck(Executive Officer)Brian W. Pickering(Director)
BoardGreg Lea(Director)Brian Pickering(Director)
AngioInsight develops AI-powered software for analyzing coronary angiography images to detect coronary microvascular dysfunction and coronary artery disease in cardiology.
AI & Machine LearningDigital HealthMedical Devices
Cartogram provides indoor and outdoor wayfinding navigation solutions for hospital patients, visitors, and staff.
HealthtechKirkland, US
William Stryker Clausen(Executive Officer, Director)
BoardGary Rubens(Director)Steve Kondik(Director)
Co-investorsPortland Seed FundXRC
Bozeman, US
Norman Terrence Nybo(Executive Officer)Nybo Chad(Executive Officer, Director)
BoardGreg Gianforte(Director)David Vap(Director)
Edgewood REIT is a real estate investment trust that invests in senior housing, medical office buildings, and multi-family residential assets to generate shareholder returns and support community development.
PropTech
Fenworks operates competitive leagues and programs focused on esports and drone racing, delivered through an online platform.
Creator EconomyGamingGrand Forks, US
Kaleb Dschaak(Executive Officer, Director, Promoter)Robert Whiting(Executive Officer, Director)Molly Hane(Executive Officer)Lane Oian(Executive Officer, Director)
BoardHeather McDougall(Director)Russel Crary(Director)
Co-investorsLLLP
A platform that maps innovation ecosystems and publishes content about innovators and businesses across cities and industries globally.
Media & EntertainmentSector Agnostic
Lice Clinics of America operates a network of clinics providing professional head lice removal and treatment services using an FDA-cleared heated-air device (AirAllΓ©) that eliminates lice and eggs in approximately one hour.
ConsumerHealthtechMedical Devices
Dr. Krista Lauer(National Medical Director)
Packet Digital develops power systems and power management technologies for autonomous systems operating in air, sea, land, and space, including unmanned aircraft and solar products.
Deep TechDefense TechEnergyHardwareIoTRoboticsFargo, US
Terri Zimmerman(CEO)Jeff Jonson(Director)Ronald Robson(Executive Officer)John, Dr. Cook(Director)Linda Pancratz(Director)Andrew Paulsen(CTO)
Seattle, US
Ryan Vogel(CEO)
Co-investorsRobin Hood VenturesRockies Venture ClubSWAN Impact Network
SkySpecs provides data management and analytics software for renewable energy asset operators, helping them optimize maintenance and operational decisions for wind and solar installations.
AI & Machine LearningCleantechClimate TechEnergySaaSAnn Arbor, US
Daniel Ellis(President and CEO)David Roberts(CEO)Thomas Brady(CFO)Ryan Morton(Chief Technology Officer)Samuel DeBruin(Chief Operational Officer)Patrick Senatore(Director of Engineering)
Co-investorsCapital Midwest FundEvergy VenturesHuron River VenturesID VenturesInvest MichiganMcRock Capital+4 more
Portfolio news
latest coverage across their companiesSkySpecs Β· annarborusa.org Β· Mar 20, 2025
Frequently asked questions
- How many investments has Dakota Venture Group made?
- Dakota Venture Group has 16 tracked investments.
- What stage does Dakota Venture Group invest at?
- Dakota Venture Group invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Dakota Venture Group focus on?
- Dakota Venture Group focuses on Sector Agnostic.
- Where is Dakota Venture Group located?
- Dakota Venture Group is headquartered in Grand Forks, US.
- Who does Dakota Venture Group co-invest with?
- Dakota Venture Group most often shares deals with Capital Midwest Fund, Evergy Ventures, R/GA Ventures, among 13 tracked co-investors.
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