Bounce Imaging (Y4) closed on $4.2 million in venture capital from multiple investors, including, R42 Group with participation from Good Growth Capital, Tanis Ventures and other investment groups and individuals. ACV Auctions co-founder and local investor Jack Greco. READ MORE
ShearShare closed on $2.3 million of seed funding led by Atlanta-based Fearless Fund and included contributions from local angel investors Jack Greco and Wayne and Mary Bacon; Empire State Development Corp.’s New York Ventures Fund; Portfolia’s FemTech II Fund; Hearst Corp.’s Level Up Ventures, and Chloe Capital, who met Co-Founders Dr. Tye and Courtney Caldwell at 43North
York IE recently named Buffalo as the fifth fastest-growing startup city, in America, coming in over cities like Tampa, Dallas, and LA. Local companies that helped Buffalo rise to the top half of this list include Kangarootime (Y4), Circuit Clinical (Y6), Verivend (Y7), ACV Auctions (Y2). But, this is only the beginning for Buffalo and we know firsthand that
The Information sat down with Scott Wayman, founder of Kangarootime (Y4), who pulled back the curtains on his journey from Long Beach to Buffalo. In the Q&A, Scott talks about his bicoastal family, his experience with Buffalo’s tech scene, and why he chooses to stay and grow his business in Western New York. Read More
Top Seedz Wins $1 Million Investment in $5 Million Startup Competition Seven Additional Companies Each Receive Investments of $500,000 Mayor Byron Brown today announced the winners of the seventh annual $5 million 43North startup competition, including the grand prize winner of a $1 million investment and the seven companies that each won investments of $500,000.
Call for Founders to Grow Businesses in Buffalo for Cut of $5 Million in Investment Finalists to Face-Off at Live In-Person Pitch Event in October New York State announced that applications are now being accepted for the seventh year of 43North, the $5 million startup competition that attracts world-class entrepreneurs to grow their businesses in
The following is a repost of an article from Buffalo Business First highlighting 43North awarding follow-on funding to three of our portfolio companies. We’ve also included a recap video for a behind-the-scenes look at our follow-on fund selection process. 43North has reinvested in three companies that previously won awards in its namesake competition. Kangarootime, CleanFiber and
ACV’s IPO is an incredible feat by any standards – even the Silicon Valley ones; so for a home-grown Buffalo tech company to hit this milestone, it is a monumental achievement, and its impact will be equally as remarkable in our region. So before we officially turn the page on this chapter, we sat down
Today on March 24, 2021, that car guy and his talented team saw their startup become a publicly traded company. There’s not an adjective descriptive enough to convey our pride and excitement, so we’ll leave it to your imagination as we reflect on and celebrate Joe Neiman, Dan Magnuszewski, George Chamoun and the entire ACV
The following is a repost of an article from Buffalo Business First featuring 43North Y6 portfolio company Circuit Clinical. Circuit Clinical emerged from the early complexities of building a business model around an ideal. It survived the Covid-19 pandemic while doubling its revenue. Now it’s time to step on the gas pedal. The Buffalo-based firm
The following is a repost of an article from Buffalo Business First featuring 43North Y4 portfolio company SomaDetect. Around the horn in Buffalo’s startup ecosystem … Soma surging SomaDetect announced that it has raised $6 million in Series A funding, an event which will help push the ag-tech startup into full commercialization. SomaDetect won the
The following is a repost of an article from TechCrunch featuring 43North Y5 portfolio company SparkCharge. Last week the mobile charging battery company SparkCharge announced a partnership agreement with AllState that expands the company’s reach into vehicle services, driving the company further down the road toward its goal of making electric vehicle charging the next gig economy job. The