Triangle Fund Q3 Update: $624k Invested in 12 Companies

Q3 Tweener Fund highlights: $624K invested across 9 new, 3 existing companies, and $10.7M total invested exclusively in the Triangle's startup ecosystem.

Q3 was quite busy in Triangle Tweener-land! We crossed $10.7M invested exclusively in Triangle startups across 12 companies in a variety of formats and stages.

Let’s dive in. 👇

Q3 Investing Highlights

Q3 was a quieter quarter in the broader VC world, typical for summer, but we still kept active here in the Triangle.

Tweener Fund Q3 2025 Snapshot

• $624K invested

• 12 deals total (9 new, 3 follow-ons)

• Avg. investment: $52K

• Avg. pre-money valuation: $16M

We’re proud that nearly half of all U.S. venture dollars this year went to AI startups, and the Triangle is right in the mix. Our index-style strategy (lots of smaller bets across the region) continues to show strong diversification and early positive returns.