April 11, 2019
Launch NY Reports on Q1 Investment Activity
Highlights include closing on 13 transactions, supporting 8 startups in Upstate New York including 3AM Innovations, AKE Games, EagleHawk One, Inc., Ecolecto, MemoryFox, Open Bottle, and Willow
Buffalo, N.Y., April 10, 2019 – Launch New York (Launch NY), Upstate New York’s first and only venture development organization to provide pro bono mentoring and capital access to high-growth startups across the 27 westernmost counties of the state, has had an unprecedented start in 2019, stating its investments in portfolio companies for the first three months of the year have surpassed projections, totaling nearly a quarter of a million dollars from the organization’s nonprofit Seed Fund, announcing inaugural investments from its new for profit Limited Partner Fund. In Q1 2019, Launch NY closed 13 transactions, supporting eight startup companies five of which are new investments and three follow-on investments.