Paul Nolde says he has a passion for interacting with startup founders.
It’s that enthusiasm that drew the longtime Richmond investor and adviser to Lighthouse Labs this spring as its new managing director. He replaces Erin Powell, who stepped down earlier this year to join Blue Ocean Brain — a provider of online professional development training that came through the Richmond accelerator program.
Nolde brings a background in banking and wealth management to the role. A job at a family investment office exposed him to early-stage investing and, in 2014, he started New Richmond Ventures, which matured into a fund. He then started Riverflow Growth Fund in 2020 with a focus on seed-stage tech startups.
In a recent interview, Nolde said he’s long been around Lighthouse Labs, given the accelerator is a key part of the investing ecosystem in Richmond. He shared his plan and vision for the program, which provides qualifying companies with $20,000 in equity-free funding, programing…
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