JD Vance’s firm invested in food company now facing lawsuitsOctober 21, 2022 GMT
COLUMBUS, Ohio (AP) — A high-tech indoor farming company in Appalachia promoted by JD Vance and financed in part by his venture capital firm is facing five lawsuits alleging it misled regulators and duped investors.
Nevada adopts ‘Gener8tor’ program to fund small businessesMarch 12, 2022 GMT
RENO, Nev. (AP) — Nevada is backing a bid to boost entrepreneurship and improve access to funding for small business and startup accelerators in two of its largest cities.
Gov. Steve Sisolak announced the effort on Tuesday with Mayor Carolyn Goodman of Las Vegas and Mayor Hillary Schieve of Reno.
Investment firm agrees to pay $800K in settlement with stateMarch 4, 2022 GMT
CONCORD, N.H. (AP) — The founder of an investment company has agreed to pay $800,000 in a settlement with the state of New Hampshire over misleading statements about fund management fees, commingling assets with funds and not filing required documents, state regulators said Friday.
Company backed by Conn. first lady to exit COVID testingDecember 18, 2021 GMT
HARTFORD, Conn. (AP) — A health care company whose investors include a venture capital firm run by Connecticut’s first lady will exit the COVID-19 testing business after questions were raised about contracts it received to run state testing sites.
Lamont says no profit from wife’s investment in testing firmNovember 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 fundFebruary 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 tradingFebruary 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...
Indiana’s life sciences sector sees record venture fundingJanuary 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 investmentsJanuary 30, 2020 GMT
WASHINGTON (AP) — The Federal Reserve 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.
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.
Scranton Tech Startup Lands $2.4 Million In Seed Funding, Expanding To Tap Global MarketJuly 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 AssociateMarch 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 saysMarch 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 storyMarch 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 marijuanaJanuary 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...
The women behind the 20-year-old Sofia Fund and its predecessor fund say they are no angels.
Rather, they operate as a cross between individual angel investors and venture capitalists, with a long-term outlook.
Will DMC create ‘Silicon Valley of Medicine’?March 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 ideaJuly 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.
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.