Investor / VCPittsburgh

Magarac Venture Partners

Investor / VC · Pittsburgh, PA

Magarac Venture Partners is an early-stage venture capital firm based in Pittsburgh, PA that invests between $500,000 and $5 million in seed and Series A rounds, primarily focusing on Midwest-based technology entrepreneurs. The firm targets founders building companies in sectors that leverage the Midwest technology ecosystem, with a commitment to diversity in its portfolio.

Founded

Region

Pittsburgh

Portfolio

People

About Pittsburgh

Pittsburgh's tech economy grew out of Carnegie Mellon's robotics program, one of the oldest and deepest in the country, with the University of Pittsburgh's own research base sitting right alongside it — two major universities anchoring one relatively compact city. It's also a place that didn't start as a tech hub at all: this was steel country for a century, and that engineering-and-manufacturing inheritance still shows up in what the region builds — robotics, autonomy, and deep tech that comes out of hard industrial know-how, not a recent software boom.

Region Stats

Total firms 310

VC / investors 6

Companies 296

Schools 8

Known For

Robotics

Autonomy

Deep Tech