About |
Independence Equity Management LLC runs Independence Equity I, a venture capital fund that invests in early-stage companies commercializing technologies that improve resource utilization.
The Fund’s principals define resource utilization as the use or consumption of resources such as raw materials and labor. The objective is to identify innovations in business processes and technologies that reduce raw material consumption, improve yield/performance, increase labor efficiency or enable point-of-use production. The principals believe technologies such as these enable the United States to strengthen its manufacturing base even amidst lower wage global competition. Key sectors include material science, industrial innovation and clean technologies.
The Fund, based in Northbrook, IL, focuses primarily, though not exclusively, on companies located in the greater Midwestern United States, which traditionally have had more difficulty attracting venture capital.