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Arizona Company licenses CT Inventor’s Alzheimer’s tech

Arizona based NeuroEM Therapeutics has taken a no-fee research and development license for an apparatus patented by Eric Knight of Farmington, CT based Remarkable Technologies. Eric Knight, a CVG member and supporter, began developing a device in 2013 designed to deliver radio waves to the brain to target plaque suspected to be a cause of […]

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New Haven Based SeeClickFix Raises $1.4M to Fuel Growth

    SeeClickFix has raised $1.4M in an equity round led by ElmStreet Ventures. The deal included previous investors O’Reilly AlphaTech Ventures , Omidyar Network as well as new participation from Connecticut Innovations and LaunchCapital. SeeClickFix will use the funds to fuel platform growth and help more citizens better communicate with local government. The company currently […]

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CT’s Pension to Invest $145M in Connecticut Companies

Connecticut’s state treasurer Denise L. Nappier announced she will be committing $145M from the state employee pension fund for investments in CT based companies.  The $145M will be invested in companies of various sizes and stages of development through three funds which will be managed by outside fund managers. Connecticut Growth Capital LLC, providing loans […]

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Top CI Investments in Quarter 1

Top 10 deals from Connecticut Investment:  IDevices LLC – 1,000,000 | Avon Logicbroker Inc. – 550,000 | Shelton Intelligent Clearing Network Inc. – 52,415 | New Canaan CMD Bioscience – 250,000 | New Haven NovaTract Surgical LLC – 248,974 | Madison IsoPlexis Inc. – 75,000 | Branford SmartPay Solutions LLC – 175,000 | Southington P2 […]

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Q1 PwC MoneyTree Report – VC Investment Exceeds $10 Billion

According to the PricewaterhouseCoopers MoneyTree Report the first quarter of 2015 was the highest invested since 2000. And with venture capital dollars exceeding $10 billion for the fifth consecutive quarter, venture capitalists are confident 2015 will be a busy and successful funding year. “Although down slightly from the end of last year, the venture ecosystem deployed a healthy […]

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LiquidPiston Raises $1.1 Million of VC

Bloomfield, Conn. — LiquidPiston, a Bloomfield-based developer of rotary internal combustion engines based on a thermodynamic cycle, has raised $1.1 million more of venture capital, according to a new filing by the company with the Securities and Exchange Commission. LiquidPiston’s technology increases load efficiency to above 50%, reducing fuel consumption by as much as threefold […]

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Datto acquires Backupify

Norwalk, Conn., – Datto, a preferred provider of cloud-based backup, disaster recovery and business continuity solutions announced it’s acquisition of Backupify a leading provider of cloud-to-cloud backup and recovery solutions for software-as-a-service (SaaS) applications. The combined technologies will create the first complete protection platform for business data and solve problems that have hindered back up providers in […]

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Investments in Marijuana – “Sinful” or “Socially Responsible?”

In early January the venture capital community was rocked when a venture firm run by Peter Thiel, co-founder of PayPal and Facebook, invested millions in marijuana company Privateer Holdings. While it has become increasingly apparent that the financial health of the marijuana industry is strong, the majority of the public pension funds are still struggling with its ethical foundation. The […]

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Developer of Keytone Supplements Raises $2M

Bloomfield, CT – Cognate Nutritionals, a Bloomington-based developer of ketone supplements for brain health, has raised $2 million in a round of venture capital, the company disclosed in a new filing with the Securities and Exchange Commission. Cognate offers “medium-chain triglycerides” naturally found in coconut oil, to increase ketone production and help brain function. Typically, a […]

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New Startup Raises $100 Million

Jonathan Rothberg’s new startup raises $100 million!  The device is a portable ultrasound scanner. It’s the size of an iPhone and will allow the user to hold the device up to a person’s chest and see vivid, moving 3-D images of what’s going on inside. This innovation is set to rock the medical imaging industry, […]

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