Adena Ventures is a $34 million venture capital enterprise created to provide equity investments and operational assistance to small businesses operating in central Appalachia. The Fund's mission is to promote sustainable and shared economic development in the region while generating market-rate returns for its investors The Fund will invest... $200,000 - $2 million of equity in seed, early and growth stage companies operating in central Appalachia. For a complete map of our investment geography, click here. with other institutional investors when appropriate. in companies with strong management teams. across a broad range of sectors including technology, life sciences, manufacturing, energy and value-added food products. for a period of 3 - 7 years in each portfolio company. Typically, Adena will exit its investments by one of three means: internal management buyback/refinance, external buyout/merger/acquisition, Initial public offering (IPO)