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Despite pandemic, CT companies post strongest venture fundraising year in nearly two decades

Image Ron Bergamesca CEO Ron Bergamesca said Payveris, which provides digital-payment products to banks and credit unions, will use that money to hire up to 25 new workers and boost marketing efforts. Entrepreneurs in Connecticut have long lamented the difficulties in getting attention from VC firms, but Bergamesca said Payveris location hasn t stymied its ability to raise money. The [VC] interest level was more in 2020 than it was prior, Bergamesca said. I think Connecticut is primed well [for future investment]. Bergamesca’s bullish outlook isn’t just steeped in blind optimism. In fact, Connecticut companies in 2020 had a banner year in securing venture investment, despite challenges posed by the pandemic.

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