News

Upstate Capital Weekly Newsletter – 2/2/22

Deals, News & Events for the Upstate Capital Investment Community 



UPSTATE CAPITAL NEWS

OPPORTUNITIES IN THE HEALTH SECTOR:
MEET INVESTORS & STARTUPS

Join us at Invest NY: Health on March 3, in-person or online, to meet New York’s leading seed and Series A companies in the healthtech and life science sectors. You’ll get quick introductions to 15-20 companies and meet the most active innovation ecosystem resource partners and investors throughout New York. The event will promote opportunities to access deal flow outside major metro areas; foster connections with NY startups, investors and ecosystem players; and provide visibility for your investment firm in the NY community.


VENTURE + GROWTH

HUSTLE DEFENSE ACCELERATOR PROGRAM

Presented by the Griffiss Institute, HUSTLE Defense Accelerator is an immersive accelerator program for seed stage tech startups in the AI/ML, cyber, quantum and UAS solutions field. Ten startups will be selected for participation in this elite program for defense innovation, with the dual-use potential to elevate the United States’ national security and economic competitiveness. The deadline to apply is February 14. The program will be held 100% on-site from May 23-August 12 at Innovare Advancement Center in Rome, NY.

GENIUS NY WINNER FOTOKITE RAISES $14.8M

Fotokite, a Swiss startup and 2018 GENIUS NY $1M winner that makes fully autonomous tethered UAVs for firefighting and public safety teams, announced it has closed a $14.8M series B financing round led by MSA Safety Inc. The capital infusion will help enable Fotokite to scale up operations, further bolster its in-house engineering team, and continue to drive sales of its Fotokite Sigma system in North American and European markets. The North American arm of the company, Perspective Robotics US LLC, is located in Syracuse, NY.


PRIVATE EQUITY + M&A

PE BREAKDOWN

Pitchbook published its 2021 Annual US PE Breakdown. Dealmaking in 2021 totaled $1.2 trillion, which was 64% higher than the previous record from 2019. Key takeaways include over 1,700 exits totaling more than $850 billion in the past year and, at over 8,600 deals, the count topped 2019’s record by 50%.

M&A ADVISOR SERIES

Upstate Capital is proud to present the M&A Advisor Series: exclusive, regional events across Upstate New York for those interested in mergers, acquisitions and ownership transitions. The series will feature CEOs sharing successful deals and professionals who advise on various aspects. Sign up today to receive news and updates about this upcoming series.

OPPORTUNITIES

PORTFOLIO TALENT LEAD

43North is seeking a talent acquisition/HR professional to join their expanding Buffalo-based team.

HR DIRECTOR

SUNY Research Foundation at the University at Albany is seeking a Director of Human Resources/Payroll Specialist.

MORE OPPORTUNITIES…

Check out nearly 400 openings listed on UVC’s website.

Want to receive industry news straight to your mailbox?


MORE NEWS

Upstate Capital Weekly Newsletter – 6/29/22

June 29, 2022

Upstate Capital Weekly Newsletter – 6/29/22


Invest NY: Future of Air & Space, presented by NYSTAR and Upstate Capital, is an event to highlight the air and space industry and innovation in Upstate New York. This event will be held July 14 at the Innovare Advancement Center in Rome, NY. Future of Air & Space will be attended by startup entrepreneurs and innovators, experienced executives, and active investors in artificial intelligence, machine learning, drones and uncrewed systems.

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Upstate Capital Weekly Newsletter – 6/22/22

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We are one week away from the Invest NY: Future of Food at the Culinary Institute of America on June 29. There is still time to register for this event that brings together members from established food and beverage companies, suppliers, investors, and dealmakers together with entrepreneurs and startups.

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Upstate Capital Weekly Newsletter – 6/15/22

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NYSTAR and Upstate Capital present Invest NY: Future of Food, an event to highlight the food and agtech industry and innovation in Upstate New York. Registration is open for this event on June 29th at the Culinary Institute of America.

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NYSTAR and Upstate Capital present Invest NY: Future of Food on June 29 at the Culinary Institute of American in Hyde Park, NY. This event brings together members from established food and beverage companies, suppliers, investors, and dealmakers together with entrepreneurs and startups.

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On April 27, 2022, Upstate Capital hosted Venture NY, the marquee early-stage event for innovation and entrepreneurship in New York, at the WCNY Broadcast and Education Center in Syracuse, NY. Over 150 people gathered to connect with startups and investors, explore topics related to entrepreneurship’s future, and find practical knowledge and insights. Venture NY also […]

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Middle-Market Private Equity + M&A Update – Q1 2022

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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, reporting on transaction activity regionally and in the context of national trends.  This report provides information and insights on types of deals, multiples, and private equity activity.  […]

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