Deals, News & Events for the Upstate Capital Investment Community

MAKE CONNECTIONS WITH INNOVATORS AT INVEST NY: FUTURE OF FOOD ON JUNE 29
Are you interested in the future of the food and agtech industry? Register for InvestNY: Future of Food, June 29 at the Culinary Institute of America. Make connections with innovators, investors, and industry professionals from the food and agricultural sector.
Interested in pitching your food or agtech startup at this event? Applications to pitch closes on June 1. APPLY TO PITCH
VC + GROWTH

Buffalo-based startup, Open Beats, is in the process of pivoting into a more specific niche for the music industry. Open Beats was the 1st place track winner for Media, Art & Entertainment at the 2022 New York Business Plan Competition.

Cambridge-based Compt recently secured $13M in Series A funding led by Battery Ventures and co-invested by Impellent Ventures. Compt has raised a total of $16.5M with contributions from notable investors, Harlem Capital Partners, and the venture arm of collaboration software company Slack.

Amerisource Business Capital closed a $1.5M credit facility for a New York-based cookie and dessert production firm. Andy Allaire, Senior Vice President for Amerisource, stated: “An independent sponsor acquired this family run business and Amerisource provided an ABL solution to finance the working capital. We were pleased to be able to provide a financing package to facilitate the growth of the business.”

KLAW Industries Co-Founder Jacob Kumpon awarded Entrepreneur Of The Year by the Greater Binghamton Chamber of Commerce. KLAW was the 2022 NYBPC track winner for Safety, Power, and Mobility.
MORE UPSTATE CAPITAL NEWS

Upstate Capital member Excell Partners releases 2021 Annual Report. Check out the work they did throughout the previous year.

Are you interested in sponsoring the Future of Food event June 29th at the Culinary Institute of America in Hyde Park, NY? The Future of Food brings together startup entrepreneurs, experienced executives, industry professionals and active investors in food production, processing, distribution, food science and agricultural technology.
Email noa@upstatecapital.com to learn more.

Submit an application to be considered for Upstate Capital’s upcoming Invest NY: Future of Air and Space event on July 14 at the Innovare Advancement Center in Rome, NY. Join us to promote your company, and meet investors and industry professionals in the air and space industries.
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MORE NEWS

March 13, 2023
Bank volatility impact survey and information resources
At Upstate Capital, we are closely monitoring the situation with Silicon Valley Bank and banks more generally. SVB’s failure on March 10 caused shock waves that continue to ripple through the US banking system. Many companies, startups and investment firms alike, are facing challenges in a funding environment that is already difficult. If you are […]
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March 2, 2023
Middle-Market Private Equity + M&A Update – Q4 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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Invest Capital Region: Life Sciences + Healthcare
Rensselaer Polytechnic Institute and the Lally School of Management, in collaboration with Upstate Capital Association of New York, will host Invest Capital Region: Life Sciences + Healthcare to showcase emerging startups, invite investors to the Capital Region, and build connections within and across the investment, research, and entrepreneurial ecosystems. An afternoon of thought leadership and […]

February 9, 2023
Event Recap: 2023 Investor Outlooks
Investors and industry professionals gathered to network and discuss outlooks for the upcoming year on February 2nd at the Saturn Club.
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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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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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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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December 1, 2022
Denny Deleo Recognized for Contributions to Upstate’s Investment Community
This year’s Lifetime Achievement Award recognized Denny Deleo. Denny has had a diverse career that has spanned creating impact in many fields from law to venture capital and innovative technology. A native of Webster, Denny has centered his career on making Rochester and Western New York an amazing place to start and grow businesses for […]
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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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