Venture capital

Most Recent

Lamont says no profit from wife’s investment in testing firm

November 22, 2021 GMT

HARTFORD, Conn. (AP) — Connecticut Gov. Ned Lamont says a health care company that received funds from his wife's venture capital firm and was contracted by the state to perform COVID-19 testing has not yet generated any profits.

Evers proposes $100 million for new venture capital fund

By SCOTT BAUERFebruary 14, 2021 GMT

MADISON, Wis. (AP) — Gov. Tony Evers will propose more than $329 million in new economic development initiatives as part of his state budget proposal on Tuesday, including a new $100 million venture capital fund to help startups and $200 million to assist small businesses hurt by the coronavirus pandemic...

Robinhood raises $3.4B from investors amid surge in trading

By ALEX VEIGAFebruary 1, 2021 GMT

Popular online trading platform Robinhood said Monday that it has lined up $3.4 billion to help meet its funding requirements amid a spike in trading on Wall Street fueled by small investors driving up shares in GameStop and other stocks...

Full Coverage: Business

Indiana’s life sciences sector sees record venture funding

January 2, 2021 GMT

INDIANAPOLIS (AP) — Indiana's life sciences sector attracted a record $257 million in venture funding during 2020 despite the state's economic woes wrought by the coronavirus pandemic, an Indianapolis-based group says...

Federal Reserve proposes loosening rules on bank investments

By CHRISTOPHER RUGABERJanuary 30, 2020 GMT

WASHINGTON (AP) — The Federal Reserve

Scranton Tech Startup Lands $2.4 Million In Seed Funding, Expanding To Tap Global Market

BY JON O'CONNELL, STAFF WRITERJuly 21, 2019 GMT

SCRANTON — ChannelApe has all the trappings of a Silicon Valley startup.

There’s a ping-pong table outside the conference room, exposed beams in lofty ceilings and desks you stand at where young programmers studiously tap away, transfixed on dual screens.

Flare Capital Partners Appoints Parth Desai as Senior Associate

March 25, 2019 GMT

BOSTON--(BUSINESS WIRE)--Mar 25, 2019--Flare Capital Partners, a leading healthcare technology venture capital firm, today announced the addition of healthcare technology investor and experienced policy professional Parth Desai as a Senior Associate...

Venture capital up in Indiana, report says

Sherry SlaterMarch 21, 2019 GMT

Venture capital investment in Indiana startups increased by 70 percent last year as compared to 2017, a report being released today shows.

That's the good news in the 2018 Indiana Venture Report released by Elevate Ventures, an Indianapolis-based venture development organization.

Correction: College Admissions-Bribery-The Latest story

March 14, 2019 GMT

BOSTON (AP) — In a story March 13 about a college admissions bribery scandal, The Associated Press erroneously described a defendant's employer...

Football great Joe Montana looking to score with marijuana

By PAUL ELIASJanuary 25, 2019 GMT

SAN FRANCISCO (AP) — Hall of Fame quarterback Joe Montana, looking to hit pay dirt in the legal marijuana industry, is part of a $75 million investment in a pot operator, it was announced Thursday...

Will DMC create ‘Silicon Valley of Medicine’?

Catharine Richert, Minnesota Public RadioMarch 28, 2017 GMT

Destination Medical Center hopes to give Rochester a reputation for being a magnet for tech startups and entrepreneurs.

But turning the city into a "Silicon Valley of Medicine" won't be easy.

Panel: Business funding requires more than an idea

Paul SchottJuly 22, 2016 GMT

STAMFORD — The business experts on the panel convened Thursday at the University of Connecticut’s Stamford campus underscored a critical financing principle for entrepreneurs: A great idea alone will not get your business funded.

For Steph Curry, Other Athletes, It’s Game Time on the Court and in the Boardroom

By Marisa Kendall, mkendall@bayareanewsgroup.comJuly 16, 2016 GMT

SAN FRANCISCO -- For a growing number of sports stars, the game isn't over once they sink that last-second three-pointer or hit that walk-off home run.

As the tech industry booms, more cash-flush professional athletes are turning their attention to Silicon Valley.