News

Upstate Capital Weekly Newsletter – 5/25/22

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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Upstate Capital Weekly Newsletter – 6/29/22

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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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Upstate Capital Weekly Newsletter – 6/22/22


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 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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