Deals, News & Events for the Upstate Capital Investment Community
— VENTURE + GROWTH
SUNY RF TECH ACCELERATOR FUND OPEN FOR APPLICATIONS
SUNY RF has announced applications are open for the SUNY Technology Accelerator Fund (TAF), which provides critical investments to advance The State University of New York innovation from the lab to the marketplace. TAF investments are highly competitive and support technology development milestones, such as feasibility studies, prototyping, and clinical and field testing to demonstrate that an innovation has commercial potential.
$4M RAISED FOR CLIMATE TECH COMPANY SKYVEN
Skyven Technologies, an “energy as a service” company that funds and de-risks capital projects to reduce carbon emissions caused by processed heat, raised $4M in a seed round led by VoLo Earth Ventures. This brings Skyven’s total capital intake in 2021 to $6.5M. The company’s CEO, Arun Gupta, pitched at Upstate Capital’s Invest NY: Climate event in October 2021.
— PRIVATE EQUITY + M&A
MEMBER HIGHLIGHT: BLUE HIGHWAY CAPITAL
Meet Karin Gregory, Co-Founder and Managing Partner at Blue Highway Capital. Blue Highway Capital invests in rural-based businesses looking for growth capital. They help fund family business transitions and acquisitions as other ways to grow businesses in addition to direct investing for growth. BHC are happy to co-lead and work with other funds in larger deals in industries such as food, manufacturing, business services, transportation and logistics, healthcare, and energy. Karin had been an investment professional with Mass Ventures and Dover Medical Ventures as well as serving as legal counsel to start-ups. She has advised Kimberly Clark’s venture capital fund on medical technology, served as a board member on Maine Venture Fund, and as the former Chair of CEI Ventures.
WNY COMPANY CLOSES $90+M ROUND
Viridi Parente, a Buffalo, NY-based maker of renewable power systems for heavy machinery and storage applications, raised over $94M in later-stage growth capital. Their existing investors include the WNY Impact Fund, Impact Capital, Varia Ventures and Grand Oaks Capital. The company is led by Jon M. Williams, Chairman and CEO. Upstate Capital members involved with the company include Tom Quinn, Andrea Vossler, Scott Friedman, Theresa Mazzulo and Rami Katz.
— UPSTATE CAPITAL EVENTS
Join us for a webinar and workshop on February 15 to learn all about the 2022 New York Business Plan Competition (NYBPC) and its upcoming competition. The webinar and workshop are free and is for current and potential mentors, judges and students; campus professionals; and anyone interested in learning more about this exciting program.
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MORE NEWS
November 16, 2022
2022 Annual Awards Deal Nominations
Upstate Capital announces the 7th Annual Awards Ceremony – Deal of the Year nominees representing Upstate NY companies. Check out the nominees for award categories designated by investment stage: seed, venture capital, growth equity, private equity, and exit.
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November 1, 2022
Middle-Market Private Equity + M&A Update – Q3 2022
The Middle-Market PE + M&A Update is a quarterly publication for the Upstate NY deal-making community, presented by the Upstate Capital Association of NY and The Bonadio Group,
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October 26, 2022
Upstate Capital Weekly Newsletter – 10/26/22
Send your nominations for the Annual Awards Celebration by October 31st! Nominate a client company and associated transaction, a colleague, or even your own successful deal. Multiple entries are encouraged.
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October 24, 2022
Event Recap – Invest NY: Climate Tech
Over 100 people gathered at the University at Albany’s ETEC Center on October 19 for Invest NY: Climate Tech. The event was part of the Invest NY series, sponsored by NYSTAR and NYSERDA and produced by Upstate Capital, designed to highlight innovation in various industries across New York.
Read More October 19, 2022
Upstate Capital Weekly Newsletter – 10/19/22
Send your nominations for the Annual Awards Celebration by October 31st! Nominate a client company and associated transaction, a colleague, or even your own successful deal. Multiple entries are encouraged.
Read More October 13, 2022
Upstate Capital Weekly Newsletter – 10/13/22
Last Call to Register for Invest NY: Climate Tech at the University at Albany’s ETEC Center. Meet more than 30 startups, venture-backed CEOs, investors, and keynote with Dr. Bill Acker talking about the future of energy storage. Join us in-person and online!
Read More October 5, 2022
Upstate Capital Weekly Newsletter – 10/5/22
Should you or someone you know be recognized at the Annual Awards Celebration? Nominations are open now through October 31 for capital providers, companies, and people in the industry.
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September 28, 2022
Event Recap – 2022 Buffalo Private Equity Summit
On Wednesday, September 21 through Thursday, September 22, 2022, Upstate Capital hosted the Buffalo Private Equity Summit in Buffalo, NY. This event featured panels with investors, dealmakers and M&A professionals, as well as opportunities to network. Wednesday began with invitation-only round table discussions with Michael Richter and Women in Leadership at Marcy Casino in Delaware […]
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September 28, 2022
Upstate Capital Weekly Newsletter – 9/28/22
Invest NY: Climate Tech will be held at the brand new University at Albany ETEC on October 19. This year’s program will include a keynote presentation from Dr. William Acker.
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September 22, 2022
Event Recap – Accelerate Hudson Valley
On Thursday, September 15, 2022, Upstate Capital partnered with Think Dutchess to host Accelerate Hudson Valley in Poughkeepsie, NY. This event featured conversations with local real estate investors building places to foster innovation, pitches from investor-ready startups raising capital, along with insights from investors, business leaders, and professionals supporting the innovation economy.
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