Who Funds Machine Learning Startups in Illinois?

12 venture funds, 6 angel networks, 6 accelerator programs and 6 active federal grants for machine learning founders in Illinois — sourced from SEC Form D filings and Grants.gov.

196
VC Funds Based in Illinois
$17.1B
Capital in SEC Form D Filings
15
New Fund Filings (12 mo)

Venture Capital Funds Investing in Machine LearningIllinois

Location
CHICAGO, IL
Fund Size (Form D)
$10M
Stage Focus
seed
Latest SEC Filing
Mar 20, 2026
Location
CHICAGO, IL
Fund Size (Form D)
$25M
Stage Focus
seed
Latest SEC Filing
Feb 11, 2026
Location
CHICAGO, IL
Fund Size (Form D)
$11M
Stage Focus
seed
Latest SEC Filing
Dec 9, 2025
Location
CHICAGO, IL
Fund Size (Form D)
$12M
Stage Focus
seed
Latest SEC Filing
Nov 10, 2025
Location
CHICAGO, IL
Fund Size (Form D)
$150M
Stage Focus
growth
Latest SEC Filing
Oct 6, 2025
Location
CHICAGO, IL
Fund Size (Form D)
$150M
Stage Focus
growth
Latest SEC Filing
Oct 6, 2025
Location
CHICAGO, IL
Fund Size (Form D)
$20M
Stage Focus
seed
Latest SEC Filing
Oct 1, 2025
Location
Evanston, IL
Fund Size (Form D)
$125M
Stage Focus
multi-stage
Latest SEC Filing
Sep 1, 2025
Location
CHICAGO, IL
Fund Size (Form D)
Undisclosed
Latest SEC Filing
Aug 8, 2025
Location
CHICAGO, IL
Fund Size (Form D)
$10M
Stage Focus
seed
Latest SEC Filing
Jul 8, 2025
Location
LAGRANGE, IL
Fund Size (Form D)
Undisclosed
Latest SEC Filing
Jun 25, 2025
Location
CHICAGO, IL
Fund Size (Form D)
Undisclosed
Typical Check
$500K - $1.5M (typical: $1.0M)
Latest SEC Filing
May 2, 2025

Angel Networks in Illinois

Hyde Park Angels

Location
Chicago, IL
Members
210
Avg Check
$75K
Website →

Chicago Angels

Location
Chicago, IL
Members
200
Avg Check
$40K
Website →

Kellogg Angels

Location
Evanston, IL
Members
100
Avg Check
$50K
Website →

Keiretsu Forum Midwest

Location
Chicago, IL
Members
80
Avg Check
$75K
Website →

Chicago Ventures

Location
Chicago, IL
Members
50
Avg Check
$500K
Website →

Illinois Ventures Angels

Location
Champaign, IL
Members
50
Avg Check
$50K
Website →

Accelerators & Startup Programs for Machine Learning Founders

Black Ambition

Black Ambition

Funding: $1M

Apply →

Elemental Impact

Elemental Impact

Funding: $1M

Apply →

Lemnos

Lemnos

Funding: $500K

Apply →

Y Combinator

Y Combinator

Funding: $500K

Apply →

Alliance DAO

Alliance DAO

Funding: $250K – $500K

Apply →

Contrary Capital

Contrary Capital

Funding: $500K

Apply →

See the full accelerator directory for industry-specific programs.

Active Federal Grant Opportunities

Cooperative Agreement for affiliated Partner with the Rocky Mountain Cooperative Ecosystem Studies Unit

Geological Survey

Award
$1.00 – $49K
Deadline
Jun 29, 2026
View on Grants.gov →

FY 2026 Future Leaders Exchange Global (FLEX Global)

Bureau Of Educational and Cultural Affairs

Award
$400K – $22M
Deadline
Jun 29, 2026
View on Grants.gov →

Influenza Modeling and Forecasting

Centers for Disease Control - NCIRD

Deadline
Jun 29, 2026
View on Grants.gov →

Pacific Coastal Salmon Recovery Fund (Annual Appropriations and IIJA Funds)

DOC NOAA - ERA Production

Award
Undisclosed – $25M
Deadline
Jun 29, 2026
View on Grants.gov →

FY 2026 SNAP Process and Technology Improvement

Food and Nutrition Service

Award
$20K – $2M
Deadline
Jun 29, 2026
View on Grants.gov →

Methyl Bromide Transition Program

National Institute of Food and Agriculture

Award
$500K
Deadline
Jun 29, 2026
View on Grants.gov →

Browse all federal startup grants with deadlines and eligibility.

Data sources: Fund data comes from SEC Form D filings (EDGAR), updated nightly. Grant opportunities come from Grants.gov. Angel network and accelerator data is curated from public sources. Figures shown are the amounts reported in regulatory filings, not estimates. Last refreshed June 2026.