” ‘We have a huge number of familiar brands that were started by upstate people someplace other than upstate,’ said Martin Babinec, the founder and chairman of the regional startup networking group Upstate Venture Connect. Think Airbnb, Priceline, Android and
FOR IMMEDIATE RELEASE Contact: Kathryn Cartini, Upstate Venture Connect Phone: (978) 345-3288 Email: kathryn@uvc.org Higher pay and rapid advancement retain talent in Upstate NY communities Upstate, New York, May 15, 2019 — The 3rd annual Upstate
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.
January 30, 2019 UPSTATE, NY – (PRESS RELEASE) – Upstate Venture Connect (UVC) has partnered with The Madden School of Business at Le Moyne College and Fast Tracking Solutions to administer the 2018-19 SEO Survey. Our annual CEO Survey assesses
High-growth founders often focus on the need to raise capital. At Upstate Venture Connect, we believe entrepreneurial currency lies in the power of connections – proven in a success story by Upstate startup, Vara Safety.
Three of the six winners of this year’s Upstate Venture Ecosystem Awards hailed from Rochester. Hosted by Upstate Venture Connect, the 2018 Upstate Unleashed Conference brought together over 450 entrepreneurial leaders from across upstate to Syracuse, and featured talks from Netflix co-founder Marc Randolph and CloudCheckr CEO Aaron Newman, among others.
Marc Randolph, the former Netflix CEO, was the keynote speaker at the sold out 2018 Upstate Unleashed Conference & Venture Ecosystem Awards. He discussed Netflix’s origin story and how budding entrepreneurs should believe in big ideas. The Daily Orange was on site to capture the action. Check out the video!
Things are changing for women in the startup and venture capital world – and a network of women in Upstate NY have stepped forward to join the movement. Get ready for the first women-only startup pitch event in Upstate NY. Mark your calendars for December 4, 2018.
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!
SpinCar’s $22 million recapitalization is the largest financing for a downtown Syracuse business in over a decade. The investment created a 20-times (2,000%) return for the StartFast investors, and has positioned SpinCar to continue its triple-digit annual growth rate. With its headquarters in Syracuse, SpinCar’s growth is creating new job opportunities for the region’s college graduates as well.
