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Dundee Venture Capital, an investment firm based in Omaha, Nebraska, has raised $20 million for its third fund and is looking at St. Louis for potential deals.

The fund is expected to grow to $30 million, according to Dundee officials.

Enlarge The fund, according to a Dundee release, will be deployed into seed and early-stage investments targeting e-commerce, business-to-business Software-as-a-Service (SaaS) and consumer-network focused startups in the Midwest region, including St. Louis, Denver, Omaha, Lincoln, Nebraska, Kansas City, Madison, Wisconsin, Minneapolis, Indianapolis and Chicago.