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Upstate Capital 2025 Holiday Party & Awards Night Recap

Upstate Capital 2025 Holiday Party & Awards Night Recap

December 10, 2025 | The Strathallan – City View Ballroom | Rochester, NY

On December 10, we gathered our community at The Strathallan’s City View Ballroom for Upstate Capital’s 2025 Holiday Party & Awards Night—our marquee annual celebration of the people, deals and organizations shaping venture, growth, private equity and M&A across New York State. 

Each year, this event brings together the active VC + Growth and PE + M&A ecosystem in Upstate New York to recognize meaningful transactions, bold leadership and lasting impact. It’s a night to reflect on what we’ve built together and to celebrate the momentum carrying our region forward. 

2025 Award Winners

Venture Deal of the Year Award: Abhishek Chopra

Abhishek Chopra

We were proud to honor Abhishek Chopra, Founder and CEO of BQP, for exemplifying the forward-thinking leadership driving innovation and high-growth technology across our region and beyond. 

Private Equity Deal of the Year Award: Richard Gioia 

Richard Gioia

We recognized Richard Gioia for his exceptional leadership and track record in building strong, enduring companies that fuel regional growth and value creation.

Lifetime Achievement Award: Aaron Newman 

Aaron Newman

We were honored to present Aaron Newman with our Lifetime Achievement Award, celebrating a career defined by entrepreneurial excellence, exploration, service and an enduring impact that extends far beyond business success.

Impact Investment of the Year Award: Tal Gilat 

Tal Gilat

We proudly recognized Tal Gilat, CEO of Neurogenesis Ltd., for leading an investment that delivers measurable, lasting value for both investors and consumers while advancing meaningful change.

Ecosystem Champion Award: Theresa Mazzullo 

Theresa Mazzullo

We were thrilled to honor Theresa Mazzullo, CEO of Excell Partners, for her unwavering dedication to strengthening New York’s innovation ecosystem and shaping the future of entrepreneurship across Upstate New York. 

Thank You to Our Sponsors

This event would not be possible without the continued support of our incredible partners: Woods Oviatt Gilman LLP, Schwartz-Heslin Group, Inc., New York Ventures, KeyBank, Launch NY, Clarkson University, Deep World, Monroe County Economic Development, Excell Partners, Greater Rochester Enterprise, Withum, Hamilton Lane, SUNY Research Foundation and Harter Secrest & Emery LLP. 

Looking Ahead

Our Holiday Party & Awards Night marked a meaningful moment to pause, connect and recognize the people and work driving real outcomes across New York’s investment ecosystem. We appreciate everyone who joined us and the leaders who continue to move capital, ideas and companies forward throughout the year. 

As we head into the year ahead, we remain focused on supporting smart growth, strong partnerships and lasting impact. And we look forward to continuing the conversation together.