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.

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MORE NEWS

Upstate Capital Announces 2023 Board of Directors

December 20, 2022

Upstate Capital Announces 2023 Board of Directors


The Upstate Capital Association of NY, the membership organization for private capital investors and transaction professionals across Upstate New York, has announced its 2023 Board of Directors.

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Upstate Capital Announces Winners of the 2022 Annual Awards

December 15, 2022

Upstate Capital Announces Winners of the 2022 Annual Awards


Upstate Capital hosted its 7th Annual Awards Celebration to celebrate the investment ecosystem across Upstate New York. The marquee event highlights the most interesting deals and most active dealmakers across the State in seed, venture, private equity and corporate finance. Over 100 companies and individuals were nominated from all across New York State for awards that recognize individuals and teams that build businesses and conduct transactions.

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2022 Annual Awards Award Winners

December 7, 2022

2022 Annual Awards Award Winners


Upstate Capital announces winners at the 7th Annual Awards Ceremony in Rochester for award categories designated by investment stage: seed, venture capital, growth equity, private equity, and exit.

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2022 Annual Awards Deal Nominations

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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Middle-Market Private Equity + M&A Update – Q3 2022

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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Upstate Capital Weekly Newsletter – 10/26/22

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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Event Recap – Invest NY: Climate Tech

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.

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Upstate Capital Weekly Newsletter – 10/19/22

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.

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Upstate Capital Weekly Newsletter – 10/13/22

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!

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Upstate Capital Weekly Newsletter – 10/5/22

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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