Did you know John James, the Acumen Brands founder, is in the process of raising $6 million for his new company, Hayseed Ventures LLC in Fayetteville?
James told us last week that he is “making significant progress toward completing the round” of funding, but wouldn’t comment further.
Hayseed had raised $250,000 as of May 11, according to the paperwork on file at the Securities & Exchange Commission. Terry Turpin is also listed as a director of Hayseed, according to the filing.
Hayseed Ventures already has space in the historic Old Post Office building that anchors the Fayetteville downtown square.
James said Hayseed is an operating company that turns “startups into businesses.”
“We’ll start our own startups and we’ll partner with some other startups,” he said. “The goal is to build a bunch of new companies.”
James said he hopes to have more information to release next month.