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Crunchbase | Upstate Venture Connect

Crunchbase: UNY50 Member Somak Chattopadhyah to invest in Upstate NY companies

Armory Square Ventures raised a second fund of $31 million to invest in cities and towns in upstate New York. The firm, led by UNY50 member Somak Chattopadhyah will continue to focus investment efforts in Ithaca, Syracuse, Rochester and Buffalo. Crunchbase also references Upstate Venture Connect’s CEO Survey, noting how startups in the region still need significant capital to scale adequately. Cheers to Somak and the Armory Square Ventures team for moving the needle.

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SparkCharge Wins $1M at 43North | Upstate Venture Connect

It’s time to SparkCharge Western NY

Eight startups from across North America were selected as the next 43North Winners – and SparkCharge received the $1 million grand prize. UVC has been following the journey of this fast-growth Upstate NY company from the start. Now it’s time to SparkCharge Western NY!

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