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Former Tide Cleaners Exec Vijen Patel’s Venture Firm The 81 Collection Announces $41 Million Fund

Focus on low margin or "hard industries" including manufacturing.

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By: Christine Esposito

Editor-in-Chief

The 81 Collection—an early-stage venture firm for founders building across low margin or capital intensive “hard industries” such as manufacturing, real estate, retail, and construction—has unveiled its inaugural $41 million fund. The 81 Collection is a collection of Midwest-based entrepreneurs focused on “hard industries”—the 81% of the GDP that is underserved by seed venture capitalists. According to the company, the capital will fuel The 81 Collection’s model, which applies decades of ope...

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